Stephen Simcock, who retired as SoFi Technologies’ General Counsel on December 31, 2025, has agreed to continue with the company in an advisory capacity through December 31, 2026. This arrangement ensures continuity within SoFi’s legal department during the transition period. ([investors.sofi.com](https://investors.sofi.com/news/news-details/2024/SoFi-Appoints-Stephen-Simcock-as-General-Counsel/default.aspx?utm_source=openai))
Simcock’s extensive legal career includes serving as Vice Chairman of JPMorgan Chase’s legal department and as General Counsel for Chase’s retail businesses. Prior to that, he held multiple General Counsel roles at Citigroup, overseeing various consumer banking units. ([investors.sofi.com](https://investors.sofi.com/news/news-details/2024/SoFi-Appoints-Stephen-Simcock-as-General-Counsel/default.aspx?utm_source=openai))
In his advisory role, Simcock will receive a monthly fee of $83,333.33 and company-paid COBRA subsidies. This compensation reflects the value SoFi places on his expertise during this transitional phase. ([investors.sofi.com](https://investors.sofi.com/news/news-details/2024/SoFi-Appoints-Stephen-Simcock-as-General-Counsel/default.aspx?utm_source=openai))
SoFi CEO Anthony Noto expressed confidence in Simcock’s continued contributions, emphasizing his deep experience in financial services and leadership qualities as assets to the company’s mission of becoming a top financial institution. ([investors.sofi.com](https://investors.sofi.com/news/news-details/2024/SoFi-Appoints-Stephen-Simcock-as-General-Counsel/default.aspx?utm_source=openai))
Simcock’s decision to extend his tenure underscores his commitment to SoFi’s growth and stability, ensuring a seamless transition within the company’s legal framework.