News By Sector: Other Financial Services

Monday, May 7, 2012

Rêv Worldwide Appoints Mauricio Benavides, Daryn Griggs, David Clifton

Rêv Worldwide appointed former GE Capital executive, Mauricio Benavides, as the company’s chief executive officer of Latin America; former Visa executive Daryn Griggs as the chief executive officer of the company’s Asia Pacific region; and former Dell executive director David Clifton, as the company’s senior vice president of global merchant services.

Benavides’s background and key leadership roles throughout the world have positioned him to directly impact Rêv Worldwide’s presence in Latin America, with a focus on strategic partnerships, operational efficiencies, and management. He comes to Rêv as former CEO of a Distribution Hotel Company based in Europe. He previously served as a vice president at General Electric, where, for eight years, he held a series of leadership roles including areas of responsibility in sales, risk, finance, and M&A.

Griggs joins Rêv with a background in prepaid, processing, payment networks, and payment product innovation management and sales. His entrepreneurship-driven experience will ensure Rêv Worldwide’s continued growth throughout the Asia Pacific region. He was instrumental in building VISA Processing services as it emerged from Yalamanchilli of India. He spent close to four years at VISA as head of global sales, responsible for processing services, before moving onto head prepaid for Visa Australia and prepaid innovation for VISA’s APCEMEA region. He has worked around card technology and POS systems as the founder of Smart Card Innovations in Singapore.

Clifton’s experience as an executive director leading Dell’s North American consumer and small office marketing will enable him to have an immediate impact on the products and services Rêv is developing for small businesses and consumers worldwide.


Tuesday, April 24, 2012

The Depository Trust Company, The Depository Trust & Clearing Corporation, National Securities Clearing Corporation and Fixed Income Clearing Corporation Appoint Michael C. Bodson

The Depository Trust Company announced that Michael C. Bodson has been appointed as chief executive officer of the company.

Bodson has also been appointed president and chief executive officer of the Depository Trust & Clearing Corporation, effective July 1. He succeeds Donald F. Donahue. He is currently chief operating officer of that company.

Bodson has also been apponted chief executive officer of National Securities Clearing Corporation and Fixed Income Clearing Corporation. -Business Wire


Wednesday, March 7, 2012

American Express Company Appoints Mazin Khoury

American Express Company has named Mazin Khoury as its new chief executive officer for the Middle East region. He will replace William Keliehor.

In this role, Khoury will concentrate on company’s corporate and premium cards business in more than 18 markets in the Mena region.

Previously, Khoury had been serving the company as its chief operating officer for the past two years.


Thursday, December 22, 2011

Guardian Financial Services Company Appoints Jonathan Yates

Guardian Financial Services Company appointed Jonathan Yates as chief executive officer. He will join Guardian on March 1, 2012.

Yates was previously a chief finance director of the Phoenix Group. Before that he was CEO of Admin Re, the closed life division of Swiss Re, and has extensive experience in the U.K. closed life assurance industry. -BestWire


Wednesday, December 21, 2011

Cu Direct Connect Appoints Blair Korschun

Cu Direct Connect announced that Blair Korschun has been appointed as the new president and CEO.

Korschun worked for 10 years in the beverage industry primarily with PepsiCo in both finance and operation roles. He then spent five years with Capital One as a lead strategy & analysis manager, optimizing default operations and starting their legal collections channel. Before joining CUDC, he served as divisional president of Ascension Capital Group, a subsidiary of Encore Capital Group. -Business Wire


Wednesday, November 16, 2011

DFC Global Corp. Appoints Ken Schwenke

DFC Global Corp. announced the appointment of Ken Schwenke as president.

Reporting directly to Jeff Weiss, the company’s chairman and chief executive officer, Schwenke will focus on driving strategic innovation for the company and will assume direct responsibility for strategic planning and new market development.

Schwenke, age 58, has served as a director of the company since 2006. He has also served as a board member and a member of the audit, governance, and compensation committees. -Business Wire; US Fed News


Monday, November 7, 2011

American Express Company Appoints Linda Zukauckas and David Cornish

American Express Company announced that Linda Zukauckas will join the company as executive vice president and corporate comptroller on November 28, 2011.

Zukauckas joins American Express from Ally Financial (formerly GMAC), where she most recently served as managing director – corporate strategy. During her 11 years with Ally, she held a number of senior leadership roles, serving as corporate controller and chief accounting officer, CFO of North America auto finance, and global head of internal audit. Earlier in her career, she held senior audit roles at Deutsche Bank/Bankers Trust. She began her career at PricewaterhouseCoopers.

David Cornish, who has been serving as acting corporate comptroller, will resume his role as senior vice president, deputy controller and head of the global reporting team. -Business Wire


Friday, November 4, 2011

Brent Turner, Barry Guest and James Whatley Join EZCORP

EZCORP announced that Brent Turner has joined as president of the newly formed e-commerce and card services division, which will focus dedicated, specialized resources on online lending and other digital forms of commerce, and will also assumed overall product management responsibility for the change card, the company’s general purpose integrated and reloadable debit card.

Turner will be based with the division in the Dallas-Fort Worth Metroplex area. He will report directly to Paul Rothamel, chief executive officer.

Until earlier 2011, Turner was vice president of retail financial services at Rent-A-Center.

Additionally, Barry Guest has joined the company as president, U.S. retail operations.

Guest is responsible for driving the short and long-term profitability of the company’s U.S. pawn business.

Prior to joining the company, Guest spent 20 years at Blockbuster Canada Co., serving the last three years as vice president & general manager, where he oversaw the operation of 450 stores.

James ‘Jimmy’ Whatley has joined the company as president, U.S. financial services.

Whatley is responsible for growing the core business in the U.S. and enhancing profitability through the implementation of new products and services. -PR Newswire


Wednesday, September 21, 2011

Springleaf Finance Appoints Jay N. Levine

Springleaf Finance appointed Jay N. Levine to the positions of president, chief executive officer, and director of the company, effective October 1, 2011.

From December 2008 until February 2011, Levine, age 49, served as director, president, and chief executive officer of Capmark Financial Group, a financial services company, where he remains a director and employee. He will continue to serve as a director of Capmark until September 30, 2011. From 2000 until March 2008, he served as chief executive officer and co-chief executive officer of RBS Greenwich Capital, a financial services company. -SEC Form 8k


Monday, September 12, 2011

American Express Appoints Harshul Sanghi

American Express Company announced that Harshul Sanghi will lead the enterprise growth group’s new office in Silicon Valley, slated to open later this year.

Sanghi will work with the new business unit, which is focused on expanding alternative mobile and online payment services beyond the traditional card and travel businesses, to broaden and strengthen American Express’ existing online and mobile products through key partnerships with the local technology and venture communities.

Prior to accepting his new position with American Express, Sanghi was the managing director of North American venture activities for Motorola Mobility. In this role, he worked diligently to re-establish Motorola’s Silicon Valley presence through venture investing, positioning Motorola as one of the most well-known strategic partners in the start-up space. -M2 Presswire


Friday, July 22, 2011

Philip Yen to Lead Emerging Payments at MasterCard Worldwide

MasterCard Worldwide announced that Philip Yen has been appointed group head, emerging payments, a role that will reinforce MasterCard’s mission to advance global commerce in a way that makes life easier for consumers and drives innovation in electronic payments across the Asia/Pacific, Middle East and Africa (APMEA) region. Yen brings a depth of experience in the emerging payments arena and will be a key driver in developing new payment capabilities in existing and new channels. He will be responsible for driving product strategies to ensure maximum penetration of market segments and working with customers to identify opportunities. His remit will also include the integration of solutions across Emerging Payments.

Prior to joining the company, Yen served as vice president, product management at Dynamics. He was a founding member of the company and played a key role in product development, marketing, sales, and securing early funding. Prior to Dynamics, Yen worked at Visa for 16 years. In his most recent position there, he was executive vice president and general manager for strategic innovation based in Sydney, Australia. Yen also held other key positions such as executive vice president, products group, and general manager, emerging products and technologies based in Singapore and Tokyo; and executive vice president, e-Visa and senior vice president, Chip Platform based in California.


BillMyParents Appoints Evan Jones

BillMyParents announced that Evan Jones has been appointed as vice president of marketing. Jones will continue to lead the company’s programs designed to prominently position the brand and product offering with parents, teens and young adults. Under his direction, the company will transition to the next phase in its multi-million dollar marketing campaign with attention-winning initiatives launching in the coming weeks. Jones brings extensive experience to his new role at the company, with over 15 years leading brand marketing strategy and execution across multiple industries, including sports, action sports, lifestyle, gaming and entertainment. Prior to joining the company, he was vice president of global marketing at Activision Blizzard. -Market Wire


Friday, June 10, 2011

Josh Silverman To Join American Express

American Express Company announced that Josh Silverman will join the company in early July as president of the U.S. consumer services business.

Silverman was most recently executive in residence at venture capital firm Greylock Ventures. Until mid 2010, he served as the CEO of Skype where he led the company’s revitalization as it prepared its spin-off from eBay, launched award-winning products and repositioned the brand around video-based internet calling. -Business Wire


Monday, February 28, 2011

Sallie Mae Appoints Kenneth Fischbach

Sallie Mae announced the appointment of Kenneth Fischbach as director of capital markets. He replaces Jonathan Clark, who was appointed chief financial officer in January. He will also continue to manage the corporation’s rating agency relationships.

Fischbach brings 29 years experience in banking and financial services leadership to his new position. Previously, he served as managing director at Residential Capital, and a senior vice president at MBNA. -Business Wire


Tuesday, February 1, 2011

SLM Appoints Paul Thome

SLM announced that it has appointed Paul Thome as president of the Sallie Mae Bank. Thome brings 37 years experience in banking and financial services leadership to his new position. Most recently, he served as Sallie Mae’s senior vice president of business finance and procurement. Thome joined the company in 2009 from Credit One Financial Services where he was the chief financial officer. -RTTNews


Thursday, January 20, 2011

SLM Corporation Appoints Jonathan C. Clark

SLM Corporation appointed Jonathan C. Clark as executive vice president & chief financial officer.

In this role, Clark will be responsible for the company’s corporate finance, accounting, financial planning and analysis, and corporate development divisions.

Most recently, Clark served as Sallie Mae’s executive vice president and treasurer. Under his leadership, the company successfully navigated the challenging capital markets during the recent global financial crisis. -Business Wire


Wednesday, January 12, 2011

Paul Fabara Joins American Express

American Express announced that Paul Fabara has joined the company as executive vice president, global credit administration. He succeeds Larry Sharnak.

In this role, Fabara is responsible for worldwide credit, collections and fraud operations. He is based in New York and reports to Steve Squeri, group president, global services.

Fabara joins American Express from Barclays Bank in London where he most recently served as managing director and global head of operations, regulatory, implementation and planning. -Business Wire


Monday, December 13, 2010

Texas DCS Appoints Giovanni Diano

Texas DCS announced the appointment of Giovanni Diano to the position of chief financial officer, effective December 3, 2010.

Diano will report to Stan Paur, president and CEO of MCPS, and be responsible for all aspects of the financial operations at Merchants’ Choice.

Most recently, Diano held the position of senior vice president of finance for National Processing Company. Prior to that, he served as vice president of financial systems and reporting for Retriever Payment Systems. He has also held the position of manager of financial systems at Continental Airlines. -Business Wire


Friday, October 29, 2010

American Express Announces Executive Changes

American Express Company signaled its plans to tap into new mobile and prepaid payment technologies that will include “debit-like” products, but it may have far to go before it catches up with its competitors in mobile payments. The company has created an online and mobile business unit to focus on mobile and emerging payments technologies. Amex formed Enterprise Growth last year to help develop new business opportunities in a variety of channels. The online and mobile unit, staffed so far with former executives of wireless carriers, is charged with building a “very large subscriber base” the company hopes will generate significant revenue within the next three to five years. Amex also formed a global payment options group charged with developing payment forms outside of traditional charge and credit products. These include prepaid re-loadable cards and gift cards, mobile airtime cards, payroll cards, international and domestic person-to-person remittances, virtual currencies, government-backed benefit and insurance claim cards, and debit-like service propositions.

The company has appointed David Messenger, Virgin Mobile’s former chief operating officer, as head of the new unit. Peter Lurie, previously Virgin Mobile’s general counsel, is senior vice president of strategic partnerships and business development. Jason Alexander, who previously handled portfolio management and planning for Nokia, is vice president of strategic program management. Additionally, the company has started an enterprise growth strategy team headed by Chitra Narasimhan, who has served on Amex’s mergers and acquisitions team since it was founded in 2003. Also forming is a Digital Council to be led by David Messenger and made up of Amex business-unit leaders. Messenger’s team in the online and mobile unit, meanwhile, has the task of developing strategic partnerships with key online players. -American Banker


Tuesday, October 12, 2010

EZCORP Appoints Paul E Rothamel

EZCORP announced Paul E. Rothamel will become president and chief executive officer, effective November 1, 2010. He will succeed Joseph L. Rotunda.

Rothamel currently is the president and chief operating officer. Since February, he has assumed increasing executive management responsibility for the company’s day-to-day operations and strategic development. -PR Newswire


Wednesday, October 6, 2010

Ameritrans Capital Corp and ELK Associates Funding Corporation Appoints Richard L. Feinstein

Effective September 29, 2010, Richard L. Feinstein was appointed to serve as the chief financial officer of Ameritrans Capital Corp. and ELK Associates Funding Corporation (the company).

Feinstein succeeds Michael Feinsod, who will continue to serve as the company’s chief executive officer and president, president of Elk and a member of the company’s board of directors.

Previously, Feinstein served as the company’s senior vice president – finance, from September 3, 2010, and will continue that service as senior vice president – finance/chief financial officer.

Feinstein, a retired partner of KPMG, is currently a private consultant providing management and financial advice to clients in a variety of industries. -SEC Form 8k


Friday, October 1, 2010

MasterCard Worldwide Appoints Edward Glassman

MasterCard Worldwide announced the appointment of Edward Glassman as group executive of global commerical products, effective immediately.

Glassman is responsible for leading the global development and commercialization of MasterCard’s innovative commercial products and solutions that serve small business, mid- and large market organizations and public sector institutions.

Previously, Glassman held senior roles at RBS, ABN AMRO and Citibank, leading both global commercial product and technology teams. -Business Wire


Wednesday, September 15, 2010

Citigroup Paul Galant, Antoine Maroun and Jud Linville

Citigroup announced that Paul Galant has been appointed to be the chief executive officer of the new global enterprise payments business unit, which will leverage the bank’s industry-leading wholesale and retail payment capabilities across regions and organizations globally.

In this new role, Galant will oversee the design, marketing and implementation of comprehensive business-to-consumer and consumer-to-business payments solutions for the world’s largest global corporations and financial institutions, as well as governments. He will report to Manuel Medina-Mora and John Havens, chief executive officer of Citi’s institutional clients group (ICG). He will begin immediately to assemble a team to manage this new unit.

Galant has been with Citi for more than 10 years. Since April 2009, he has served as chief executive officer of Citi Cards. Prior to that, he ran Citi’s highly successful global transaction services (GTS) business for institutional clients. -Business Wire

Citigroup also announced the appointment of Antoine Maroun as general manager of Citibank Lebanon. He replacing Walter Siouffi, who is transferring as CEO of Citibank Morocco.

Maroun has been with Citigroup for over 20 years, serving in various international assignments in the Middle East, Europe and the United States. Until his recent appointment, he was a senior private banker with Citi Private Bank, based in Geneva, covering Saudi Arabia and the Levant region. -AME Info – ME Company Newswire

Citigroup likewise announced that Jud Linville will become chief executive officer of Citi Cards.

Linville will run Citi’s North America branded cards business and work closely with the regional cards heads to develop world-class service and facilitate rapid growth and innovation. He will report to Manuel Medina-Mora, Citi’s chief executive officer of consumer banking for the Americas. He will be a member of the executive committee, will also serve on the global consumer banking council, chaired by Medina-Mora, and will head the global cards council.

Linville joins Citi from American Express, where he was president and chief executive officer of U.S. consumer services. During his 20-year career at American Express, he led a variety of business segments and held responsibility for all U.S. card member, small business and merchant customer services. Most recently, he oversaw the consumer card group, membership rewards, the consumer travel network and the prepaid services group on a worldwide basis. He also led the AXP interactive unit and managed all of American Express’ marketing, service cross-sell and acquisitions through internet and e-mail channels. -Business Wire


Friday, August 6, 2010

Grant Thornton Appoints Michael Imber and Jim Porter

Grant Thornton, the U.S. member firm of Grant Thornton International, appointed Michael Imber and Jim Porter as new principals to its corporate advisory & restructuring services practice, effective Aug. 1.

Imber, based in New York City, has more than 20 years of experience in restructuring and finance.

Porter, based in Charlotte, has a broad range of turnaround experience across a variety of industries, including manufacturing, automotive, retail and health care. He also has extensive experience with cross-border transactions.


Wednesday, June 2, 2010

Nissan Motor Appoints Tom Lyons

Nissan Motor Acceptance Corporation (NMAC) announced that Tom Lyons, director, NMAC financial products, will take on the role of director, NMAC dealer services, reporting to Jeff Edwards. In this assignment, Lyons will have responsibility for NMAC consumer credit and risk, contract processing, and dealer assistance unit.

James Morton, currently vice president, administration & finance for NCI, will succeed Lyons as director, NMAC financial products. In his new assignment, Morton will report to Mike McConnell, vice president, sales, financial products and corporate planning office, and will become a member of the NMAC Operating committee and leader of the NMAC pricing committee.

Jay Cook is named director, fnance for NCI, taking on the responsibilities previously managed by Morton and reporting jointly to Jett Johns, vice president, finance, and childs. Cook is currently completing a foreign-service assignment at Nissan Motor in Yokohama Japan. -PR Newswire


Thursday, May 20, 2010

HSBC Appoints Michael A. Reeves, Kenneth Sparks, Carter Waddell, Robert Klingensmith, Ann Conger, Amanda Gu, Shane Moore and Loren Glaser

HSBC Bank USA announced that it has appointed Kenneth Sparks to work with the D.C. premier team on business development, as well as strategic planning and marketing for different areas of the bank.

Sparks was formerly CEO of the Federal City Council, an economic and community development non-profit organization that consulted on projects such as the development of the Verizon Center in Washington D.C.

Carter Waddell has been appointed senior premier relationship manager (PRM), focusing on assisting law firms and legal professionals operating in the Mid-Atlantic.

Waddell has extensive international banking experience having been the general manager for SunTrust’s international division, where his responsibilities covered foreign multinational corporations, global treasury, trade finance and international operations. He also headed a foreign multinational banking unit for JPMorgan Chase Bank in Phoenix, Arizona.

Robert Klingensmith has been appointed as a senior PRM, focusing on serving the needs of higher net worth individuals and their families.

Klingensmith has over a decade of experience in asset management and private banking. He has previously served as a managing partner of an international private equity firm, worked as a private banker at Wachovia, and co-founded a registered investment advisory practice.

Ann Conger has been appointed as a senior PRM, assisting health care companies and professionals operating in the Mid-Atlantic.

Conger was formerly a client manager in Bank of America’s premier banking and investments group where she developed a large portfolio of high net worth individuals and professional firms. She began her career at what is now JPMorgan Chase in New York as a credit analyst and account officer on Fortune 500 companies.

Amanda Gu has been appointed as a senior PRM focusing on assisting premier clients.

Previously Gu worked in the group management office at HSBC Global Headquarters in London, providing internal advisory services for strategic development and promotion of the group’s international capabilities in China. Before joining HSBC, she served as an associate director for UBS Wealth Management in London.

Shane Moore has been appointed as a senior PRM focusing on meeting the needs of premier clients.

Previously, Moore worked as a financial advisor with Cary Street Partners, developing financial plans and managing portfolios for high net worth individuals and corporations in the Washington Metropolitan area. Prior to Cary Street Partners, he was a financial advisor with Legg Mason in Bethesda, MD.

Loren Glaser has been appointed as premier acquisition manager.

Glaser joins from The Potomac Group where he was a business development wholesaler focusing on the Mid-Atlantic Region. Prior to working with The Potomac Group, he worked in Boston for John Hancock Financial Services. -Business Wire


Monday, May 17, 2010

AIG Names William Dooley

American International Group named William Dooley as executive vice president of its financial services business.

Mr. Dooley is responsible for the AIG Financial Services business, which includes International Lease Finance Corp., American General Finance, and AIG Consumer Finance Group. He will report directly to AIG chief executive Robert Benmosche.

Dooley was formerly senior vice president of financial services. -MarketWatch


Friday, May 14, 2010

American Express Company Appoints Denise Pickett

American Express Company announced the appointment of Denise Pickett to the position of executive vice president and general manager, OPEN product management & acquisition. She will be based in New York.

In her new role, Ms. Pickett will be responsible for managing all product portfolios and driving acquisition for the US based OPEN franchise which specializes in products and services for small businesses. -Financial Post


Wednesday, April 21, 2010

Mastercard Worldwide Appoints Nandan Mer

MasterCard Worldwide announced that Nandan Mer has been appointed group executive, global consumer credit, effective immediately.

In his new role, Mer will have global responsibility for the company’s consumer credit products, with a focus on developing competitive differentiation globally while deploying solutions at the local market level.

Most recently, Mer was chief executive officer, United Bank for Africa Investment & International Banking. He previously spent 20 years with Citigroup Consumer Bank, establishing and growing businesses in locations such as India, Israel, Russia, and the United Kingdom. -Business Wire


Wednesday, April 7, 2010

Capco Appoints Alvi Abuaf

Capco, the global provider of consulting and managed services to the financial services industry, named Alvi Abuaf as partner and leader of its North America wealth & investment management group.

Mr. Abuaf brings nearly two decades of consulting experience in wealth management, consumer and commercial banking, capital markets, real estate and insurance. He has deep experience with wealth managers, investment managers, hedge funds, mutual funds, consumer banks, prime brokers, correspondent clearing and custodians and has worked with many of the world’s leading financial institutions. His experience spans the entire service spectrum from strategy, to operations to technology implementations to outsourcing.

Prior to joining Capco, Mr. Abuaf was investor, president and CEO of CPM Braxis USA. Earlier in his career he was managing director at Citi; vice president and FSI practice lead at Capgemini; and partner at Ernst & Young.  -Market Wire


Monday, March 15, 2010

American Express Appoints Kim C. Goodman

Effective as of March 15, 2010, Kim C. Goodman was appointed as president, merchant services Americas of American Express. -SEC Form 8k


Thursday, March 4, 2010

American Express Appoints Sanjay Rishi

American Express has appointed Sanjay Rishi as executive vice-president for emerging payments and business development in Asia.

Mr. Rishi, 49, will be based in India, and will relocate from the company’s headquarters in New York, where he is currently working as executive VP of the commercial card business.

Mr. Rishi is a company veteran with over 24 years experience. He headed India operations till 2002.


Monday, March 1, 2010

MasterCard Worldwide Appoints Denzil Lawson and Michael Mieback

MasterCard Worldwide has appointed Denzil Lawson as the new head of regional business development for the Asia Pacific, Middle East and Africa region.

Mr. Lawson joined MasterCard in 2002 and last held the position of general manager for Middle East and Levant from 2004.

MasterCard has also appointed Michael Miebach as general manager for Middle East & Africa.

Mr. Miebach joins MasterCard from Barclays where he has been managing director for Middle East and North Africa, and managing director for United Arab Emirates, with responsibility for all corporate, commercial and consumer businesses in the region. -Datamonitor NewsWire


Monday, December 14, 2009

First Data Appoints Kevin Barry

First Data Corp. has appointed Kevin Barry as general manager of the STAR Networks.

Mr. Barry will report to Kevin Schultz, president of First Data Financial Services.

Mr. Barry comes to First Data with more than 20 years of experience in the financial services industry, including time as vice president and director of retail products and research at Commerce Bancorp. He previously served on Visa’s debit product executive council, Plus Network executive council and Visa DPS product advisory group. -Datamonitor NewsWire


Tuesday, December 1, 2009

American Express Appoints Ed Jay

American ExpressAmerican Express announced the appointment of Ed Jay to the position of senior vice president, American Express Business Insights.

Mr. Jay will be responsible for all aspects of this new global business designed to provide analytics and expertise to help companies make better business decisions. In this role, Mr. Jay will lead American Express Business Insights, a line of business within the global merchant services division, drawing on the company’s global network to help business customers develop better-informed strategies to grow their business.

In his most recent position, Mr. Jay served as global head of product management and development for the investment and advisory division at Thomson Reuters. He will join the senior management team of American Express and will report to Bill Glenn, president, American Express global merchant services. -Business Wire


EZCORP Appoints Brad Wolfe

EZCORP announced the appointment of Brad Wolfe as senior vice president – finance.

Mr. Wolfe will assume the position of chief financial officer effective January 1, 2010.

Mr. Wolfe brings over 17 years of financial and operating experience in a variety of industries, having previously served as executive vice president and chief financial officer of the financial services subsidiary of Aon. -PR Newswire


Wednesday, October 7, 2009

Alfred F. Kelly, Jr. to Step Down from American Express

American ExpressOn October 5, 2009, American Express Company announced that Alfred F. Kelly, Jr., president of the company and head of the company’s global consumer group, will step down from his positions and leave the company effective April 10, 2010. -SEC Form 8k


Friday, September 11, 2009

Progress Financial Corporation Names Dave Tomlinson and Jonathan Coblentz

Progress Financial Corporation announced that it has hired Dave Tomlinson as chief operating officer and Jonathan Coblentz as chief financial officer.

Mr. Tomlinson has more than 20 years of experience working with leading financial services companies, most recently as executive vice president and chief marketing officer at Providian Financial/Washington Mutual Card Services where he was responsible for rapidly expanding the customer base and managing revenue production on a credit card portfolio. Prior to Providian, Mr. Tomlinson held senior management positions at JP Morgan Chase and PNC National Bank, and spent the first ten years of his career at American Express.

Mr. Coblentz brings more than 16 years of experience in the consumer finance industry. Prior to joining Progress, Mr. Coblentz served as the chief financial officer and treasurer for MRU Holdings, a publicly-traded student loan finance company, where he established the company’s securitization program and expanded and renewed the company’s credit lines during the credit crisis. Prior to joining MRU, Mr. Coblentz was a vice president at Fortress Investment Group, and held advisory and principal roles at Goldman Sachs and First Boston for 12 years. -PR Newswire


Tuesday, September 1, 2009

White River Capital Announces Departure of Mark R. Ruh

White River Capital announced the departure of Mark R. Ruh as president, chief operating officer, and secretary, effective as of August 31, 2009. In connection with Mr. Ruh’s departure, he also stepped-down as a director of White River. -Business Wire


Tuesday, August 25, 2009

Advanta Corp. Announces Executive Changes

Advanta Corp. announced that, as part of a workforce reduction, David B. Weinstock, vice president and chief accounting officer, was notified on August 21, 2009 that his employment with the company and its subsidiaries will terminate, effective September 1, 2009.

Philip M. Browne, senior vice president and chief financial officer of the company, will be assuming the responsibilities of the company’s principal accounting officer after Mr. Weinstock’s departure. -SEC Form 8k


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