Roy Banks served as the CEO of Weave Communications from late 2020 until August 2022. He has a background in high-tech software and e-commerce, having held various leadership roles in companies like LoadPay and Network Merchants. His experience also includes...

Roy Banks served as the CEO of Weave Communications from late 2020 until August 2022. He has a background in high-tech software and e-commerce, having held various leadership roles in companies like LoadPay and Network Merchants. His experience also includes being a Venture Partner at Pelion Venture Partners. Under his leadership, Weave has aimed to strengthen its position in customer communication solutions. Interestingly, during his tenure, Banks didn't receive any bonus in 2022, and his total reported compensation was around $388,500, a drop from approximately $470,000 in 2021, which included a significant bonus. Notably, he exited Weave in August 2022 but remained involved in a transition role briefly after. He also had some personal stakes in the company, holding about 691,521 shares, which represented approximately 1.1% of the company's stock at one point. Roy’s journey at Weave illustrates a mix of achievement in technology leadership and the volatility typical of executive roles in fast-moving companies.