Stellantis leverages its broad and iconic brand portfolio, which was founded by visionaries who infused the marques with passion and a competitive spirit that speaks to employees and customers alike. Further information concerning Stellantis and its businesses, including factors that could materially affect Stellantis financial results, is included in Stellantis reports and filings with the U.S. Securities and Exchange Commission, AFM, and CONSOB. Mr. Fath joined Auto Lenders Acceptance Corporation in February 1998 as Manager of Accounting and continued in that role upon the acquisition of that company by First Investors in October, 1998. Prior to organizing the Company, Mr. Moore was employed in commercial banking in Houston, Texas where his responsibilities included retail and commercial lending. Mr. Satterfield is responsible for all marketing, credit underwriting, indirect funding and direct lending call center operations for the Company. Direct ownership of a finance company in the U.S. is a white-space opportunity which will allow Stellantis to provide our customers and dealers a complete range of financing options, including retail loans, leases, and floorplan financing in the near-to-medium term.. Back when I started this company, there wasnt much of an industry. Ardea Partners LP served as exclusive financial advisor and Goodwin Procter LLP as legal advisor to Gallatin Point and the Company. Its about the members.. Please enable javascript for FIFSG.com to use this feature. Mr. Berend joined the Company in November 2018 in his current capacity. AMSTERDAM - Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (Stellantis)today announced it has entered into a definitive agreement to acquire F1 Holdings Corp., parent company to First Investors Financial Services Group (First Investors, or the Company), a leading independent auto finance company in the United States of America, in an all cash transaction for approximately $285 million, subject to adjustments for closing balance sheet and certain outstanding options (the Transaction) from an investor group led by Gallatin Point Capital LLC (Gallatin Point) and including affiliates of Jacobs Asset Management, LLC. Becoming part of Stellantis provides long-term stability for our company and. The Company is headquartered in Houston, Texas and has been in business for over 32 years. Tommy Moore, Jr., President and CEO of First Investors, noted: "As a management team, we are very excited to be partnering with Gallatin Point, a firm with an outstanding reputation, valuable industry expertise, and capital resources that will enhance our ability to grow our company." 64.111.109.93 The transaction represents a meaningful strategic opportunity, with significant potential for accretive earnings generation and improving customer loyalty. First Investors has created a unique business model that encompasses indirect and Tommy Moore, Jr., President and CEO of First Investors, noted: "We are excited to join the Stellantis team. The action you just performed triggered the security solution. Indirect Auto Lending for BBVA Compass. Moore reiterated many times how the success First Investors Financial Services has posted stems from its workforce. Becoming part of Stellantis provides long-term stability for our company and employees. We believe that there are significant untapped growth opportunities for First Investors under Stellantis ownership as we expand our product suite to support the auto sales growth of Stellantis. Your IP: Street Address 1 Street Address 2; 675 Bering Drive: Suite 710: City State/Province/Country ZIP/PostalCode; Houston: TEXAS: 77057: . Our mission is to sustain a long-term business model that will reward our employees, shareholders, customers, vendors and community. He was promoted to Director of Finance and Corporate Controller in July 2003. 22,272 executive movements have been recorded in the last 12 months. First Investors Financial Services also has a direct financing platform, targeting customers with an array of campaigns. AMSTERDAM, September 1, 2021 - . Find more info on AllPeople about Tommy A. Moore Jr and First Investors Corporation, as well as people who work for similar businesses nearby, colleagues for other branches, and more people with a similar name. Senior Vice President Chief Risk Officer. Performance & security by Cloudflare. Mr. Satterfield joined First Investors in April 2011 in his current capacity. Its really been exciting to see how this industry has evolved to a mainstay, a normal part of the auto finance industry, Moore went on to say. Found 34 colleagues at First Investors Financial Services Group, Inc.. He was previously employed for 11 years at CitiFinancial Auto where he served as Senior Vice President, Director of Strategic Business Group and at Auto One Acceptance Corporation, which was acquired by CitiFinancial, as Executive Vice President and Chief Credit Officer. Found 52 colleagues at First Investors Financial Services Group, Inc.. View Tommy Moore's profile for company associations, background information, and partnerships. Prior to joining First Investors, Mr. Satterfield served as Senior Vice President, Dealer Channel Originations for Triad Financial where he was responsible for managing indirect originations, credit underwriting, funding and dealer channel marketing. But thats who I am. Found 34 colleagues at First Investors Financial Services Group, Inc.. CB Rank (Investor) 189,969. Stellantis strategic objective is to establish a U.S. captive finance company to support its sales and fully capitalize on its strong market position while creating long-term value for Stellantis shareholders. Since then, the company has taken on vehicle installment contracts delivered at its network of dealerships, offering a wide range of financing programs that generally target consumers with credit scores of 510 and greater, including a strong emphasis on consumers who have gone through a bankruptcy process. +1 713 273 5114 The company also has a portfolio acquisition. (Photo by Jonathan Fredin). I like to fly under the radar screen.. Number of Current Jobs 1. Forward-looking statements are not guarantees of future performance. According to the news release, the First Investors executive management team with an average tenure of 18 years in the financial industry is expected to remain in place. The NMLS Identifier # for Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. Prior to joining First Investors, Mr. Berend was the SVP and Director of U.S. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. The acquisition of First Investors allows Stellantis to create a platform from which to grow a full-service captive finance organization. Its a pretty exciting industry. While Moore thinks he might not be detected much, First Investors Financial Services certainly is part of the auto finance and dealership worlds. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. I love the industry, and I love this company. Senior Vice President - Chief Information Officer. Cloudflare Ray ID: 7a17620d590382c0 tommy moore jr first investorsamerican eagle athletic fit shirts. Im very committed to Goodwill and helping people with a helping hand. These statements may include terms such as may, will, expect, could, should, intend, estimate, anticipate, believe, remain, on track, design, target, objective, goal, forecast, projection, outlook, prospects, plan, or similar terms. +1 248 821 8507 Senior Vice President and Chief Digital Officer. Your session is about to expire. Fundamental to our mission are our core values, Document, Refine, and Reengineer Systems, Processes, Practices and Services, Conduct Business in a Professional Manner with Honesty and Integrity, Provide a Safe, Productive, and Rewarding Work Environment, Develop and Maintain Profitable Relationships with Customers, Create a Clear, Sustainable Competitive Advantage, Embrace Innovation, Creativity and Change, Respect structure and reporting relationships yet ensure that organizational boundaries never become a barrier to success. The second closing is expected to occur in November, 2011 and will cover the remaining 1,000,000 shares for gross proceeds of $7.5 million. In his current role, he has primary responsibility for loan servicing and collections and operational compliance. Any such forward-looking statements involve a number of risks and uncertainties, and the actual results of future events could differ materially from those stated in any forward-looking statements herein. This is truly about the team. Stellantis is one of the worlds leading automakers and a mobility provider, guided by a clear vision: to offer freedom of movement with distinctive, affordable and reliable mobility solutions. Im pretty humbled by it, Moore said. Credit Suisse Securities (USA) LLC served as exclusive financial advisor and Willkie Farr & Gallagher LLP acted as legal advisor to First Investors. valerie.gillot@stellantis.com, Kevin FRAZIER The Company also purchases receivables through portfolio acquisitions or from third party originators and performs third-party loan servicing for unaffiliated clients. Its virtually my child.. We have recently begun expanding our sales staff to support the expansion of our market presence and dealer base, and are looking forward to what we believe will be an exciting fiscal 2012.". First Investors is easy to do business with. Tommy Moore, First Investors Finl Svcs Grp: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg The Open Jonathan Ferro drives you through the market moving events from around. Mr. Sexton joined First Investors April 1999 as a Network Administrator. I spend a tremendous amount of my time with that organization.. Beaming as proudly as parents might about their childrens successes, Moore praises the efforts of the entire staff at First Investors Financial Services. This company was incorporated about twenty-seven years, ago in August of 1995. Houston Search Background Check First Investors Financial Services Inc Business Data 5757 Woodway Dr #400, Houston, TX 77057, USA, Texas (713) 977-2600 jonthan.poss@fifsg.com www.fifsg.com AllBiz Business Profile Search Background Check ABOUT FIRST INVESTORS FINANCIAL SERVICES GROUP, INC. 1-866-834-2604 Mon-Fri: 8 am - 6 pm EST FAQs Check out our FAQs for the quick answers you need. BofA Securities served as exclusive financial advisor and Sullivan & Cromwell LLP as legal advisor to Stellantis. When typing in this field, a list of search results will appear and be automatically updated as you type. Founded in 1995, Jacobs Asset Management ("JAM") manages a long/short equity hedge fund and several other vehicles that seek to make long-term, high-return investments exclusively in financial services businesses. Performance & security by Cloudflare. Summary. He highlighted that there are 26 members on the senior management team who on average have been with the company for 16 years. Your IP: Mr. kevin.frazier@stellantis.com, Tommy MOORE Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. Edit Jobs Section. You can email the site owner to let them know you were blocked. Mr. Rodon joined the Company in February 2000 as Director of Operations with primary responsibility for all loan servicing and collection activities. from 8 AM - 9 PM ET. First of all, this industry is never boring, Moore said in reply to being asked about what elements of the auto financing business he finds most exciting. For the fiscal year ended April 30, 2011, we increased new loan originations by 182%, to $143.2 million, compared to the prior year period, We recently announced a great addition to our executive management team, David Satterfield, who will be responsible for overseeing our growth going forward from a marketing and credit perspective. SOURCE First Investors Financial Services Group, Inc. Cision Distribution 888-776-0942 2023 by Cherokee Media Group All rights reserved. One is exercise. Tommy A. Moore Summary Founder of First Investors Financial Services Group, Inc., Tommy A. Moore presently is President & Director at FIFS Holdings Corp. and President & Chief Executive Officer at First Investors Financial Services Group, Inc. Tommy A. Moore: Personal Network Tommy A. Moore : Connections Golf's Greatest Holes: Golfing legend Paul McGinley takes television presenter Chris Hollins on a tour of the best golf courses in Ireland and Northern Ireland. Our goal is to help you save money and obtain the The purchases will occur in two tranches, the first of which closed today and covered 666,667 shares and gross proceeds of $5 million. direct lending as well as portfolio acquisitions and third party servicing. +1 713 273 5116 Its not much to do about me. buncombe county commissioner jasmine beach-ferrara. Furthermore, Moore is greatly involved with Houston-area Goodwill, a non-profit organization strives to enhance the dignity and quality of life of individuals and families by helping people reach their full potential through education, skills training and the power of work. For information regarding First Investors' financials, bond offerings, performance and. This is not about an individual. First Name Middle Name; Moore: Tommy: A. Click to reveal Please enable javascript for FIFSG.com to use this feature. This website is using a security service to protect itself from online attacks. A connection is made when two people are officers, directors, or . Regardless of your past credit, we're here to get you into the vehicle you need. (Podcast), Former President/CEO/Co-Founder, First Investors Finl Svcs Grp. First Investors has an outstanding financial and operational platform, underpinned by a strong management team, with vast experience in the auto finance space. In 2020, JAM launched JAM Special Opportunity Ventures ("JSOV") to forge partnerships with top management teams, innovators and asset managers in the financial services industry. Readers should not place undue reliance on any such forward-looking statements, which are made only as of the date of this release. Tommy Moore, Jr., President, and CEO of First Investors, said: "We are excited to join the Stellantis team. He runs almost daily anywhere from three to five miles, saying, I run for my head more than my body., When not lacing up those running shoes, Moore and his family will climb aboard their boat for a journey in the Gulf of Mexico, which he described as nourishment for my soul.. Tommy A. Moore, Jr. President and CEO. Mr. The Company is headquartered in Houston, Texas and licensed or exempt from license in 37 states. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. We are flexible - offering multiple payment options. Mr. Satterfield has over 20 years experience in automobile lending. Duck joined the Company in May 1996 in his current capacity. Mr. Berend is responsible for decision science, credit risk management, pricing & profitability analytics, portfolio risk management and operational monitoring. This website is using a security service to protect itself from online attacks. No other material changes were made to the renewal terms. In particular, statements regarding future events and anticipated results of operations, business strategies, the anticipated benefits of the proposed transaction, future financial and operating results, the anticipated closing date for the proposed transaction and other anticipated aspects of our operations or operating results are forward-looking statements. The NMLS Identifier # for lossless and lossy compression examples Ill be somewhat embarrassed when its announced publicly. Im incredibly proud. And now the industry is praising Moore, as well, as he was named this years winner of the annual Subprime Auto Finance Executive of the Year Award, which is again sponsored by Black Book Lender Solutions. Gallatin Point Capital LLC is a private investment firm with a primary focus on making investments in financial institutions, services, and assets. Tommy Moore Current Workplace First Investors Financial Services Location 5757 Woodway Dr Ste 400, Houston, Texas, 77057, United States Description Read More Industry Banking Finance Discover more about First Investors Financial Services Tommy Moore Work Experience and Education Work Experience President & Chief Executive Officer He was promoted to his current position of Senior Vice President - Co-Chief Operating Officer in November 2005. Senior Vice President - Chief Accounting Officer. 216.177.141.39 This person is appointed in First Investors Financial Services, Inc. Of Texas (Fn) as a PRESIDENT/CEO. Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: uncertainties as to whether the proposed transaction discussed in this document will be consummated or as to the timing thereof; the satisfaction of the conditions precedent to consummation of the proposed transaction, including the ability to secure regulatory approvals on the terms expected, at all or in a timely manner; the risk that the businesses of the parties will be adversely impacted during the pendency of the proposed transaction; the ability of Stellantis to successfully integrate the Companys operations; business disruption following the transaction; the effect of the announcement of the transaction on the ability of the Company to retain and hire key personnel and maintain relationships with customers, suppliers and others with whom the Company does business; the impact of the COVID-19 pandemic, the ability of Stellantis to launch new products successfully and to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; changes in local economic and political conditions, changes in trade policy and the imposition of global and regional tariffs or tariffs targeted to the automotive industry, the enactment of tax reforms or other changes in tax laws and regulations; Stellantis ability to expand certain of their brands globally; its ability to offer innovative, attractive products; its ability to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous-driving characteristics; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the intense level of competition in the automotive industry, which may increase due to consolidation; exposure to shortfalls in the funding of Stellantis defined benefit pension plans; the ability to provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the establishment and operations of financial services companies; the ability to access funding to execute Stellantis business plans and improve its businesses, financial condition and results of operations; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in Stellantis vehicles; Stellantis ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with our relationships with employees, dealers and suppliers; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in Stellantis vehicles; developments in labor and industrial relations and developments in applicable labor laws; exchange rate fluctuations, interest rate changes, credit risk and other market risks; political and civil unrest; earthquakes or other disasters; and other risks and uncertainties. Cloudflare Ray ID: 7a1762029ea732e8 First Investors understands that bad things happen to good people. Wells Fargo Securities LLC served as exclusive financial advisor and Goodwin Procter LLP acted as legal advisor to Gallatin Point and the investor group. Its not just giving a handout. We will be utilizing the proceeds from this equity issuance along with our warehouse credit facility and the term securitization market to fund what we expect to be strong growth in our portfolio over the next several years. The executive management team, with an average tenure of 17 years with the Company, is expected to remain in place. Mr. Miller is responsible for the companys digital strategy, digital roadmap and digital / marketing communications designed to drive an innovative, best in class customer and employee experience. Proceeds from the sale will be utilized by the Company to fund growth in its portfolio of automobile receivables and for general corporate purposes. In addition to the Groups rich heritage and broad geographic presence, its greatest strengths lie in its sustainable performance, depth of experience and the wide-ranging talents of employees working around the globe. Read the Press Release. Click to reveal His career in auto finance started in 2000 leading to risk management leadership roles at AmeriCredit, Triad Financial and Exeter Finance, as well as operating an independent sub-prime auto finance company from 2010 to 2014. Tommy Moore, Jr., President and CEO of First Investors, noted: We are excited to join the Stellantis team. Stellantis to Acquire First Investors Financial Services Group as Key Step to Developing a Captive Financial Services Business in U.S. Market . Performance & security by Cloudflare. lowest monthly payment possible! Live from Dubai, connecting Asian markets to the European opens. First Investors is a specialized consumer finance company engaged in the origination and retention of automobile finance receivables originated from franchised automobile dealers and directly through consumers from the sale or refinance of new and late-model used vehicles. ", Sy Jacobs, Founder and Managing Partner of JAM, said: "It is great to be working with Gallatin Point and the same management team I so admired and enjoyed working with during my 10 years on the board while the Company was publicly-traded.". Customer Service Agents ready to answer your questions. Prior to organizing the Company, Mr. Moore was employed in commercial . When hes not leading the team at First Investors Financial Services, Moore is heavily involved with some of his other passions. Edit Overview Section. Always willing to work with customers - solving any financial issues that may arise. At Stellantis Financial Services US, Tommy Moore has 11 colleagues including Blaise Rodon (Co-COO), Perry Sexton (CIO) Industry Colleagues In the Financial Services industry, Tommy Moore has 46,020 colleagues in 3,484 companies located in 106 countries. I just thought it was going to be a sideline business. Your session is about to expire. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The Company is a consumer finance company engaged in originating and holding for investment automobile finance receivables and promissory notes originated by franchised automobile dealers or through refinancing transactions with the vehicle owners. STELLANTIS "Enhancing customer. The action you just performed triggered the security solution. First Investors Servicing Corporation Active 7 Chief Executive Officer Excel Connections for Tommy Moore. The Company also announced that it had reached an agreement with its warehouse lender to extend its warehouse credit facility to August 2012. Gender Male; Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. The investors include JAM Special Opportunities Fund II, a private equity fund controlled by Seymour Jacobs, a director of the Company and other affiliated investors. We may be able to help you reduce your monthly payment. Stellantis closes previously announced acquisition of First Investors Financial Servicing Group. You can email the site owner to let them know you were blocked. Its all about the team, Moore said. Cloudflare Ray ID: 7a17622d2a340dc7 Press continue to keep your session alive. First Investors helps people with credit issues get an auto loan. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Find more info on AllPeople about Tommy A. Moore JR and First Investors Financial Services Group, Inc., as well as people who work for similar businesses nearby, colleagues for other branches, and more people with a similar name. Consumer Concerns At First Investors, we take all consumer concerns seriously. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. It looks like you have javascript disabled. According to public records TOMMY A MOORE JR is connected with one company - First Investors Financial Services, Inc. Of Texas (Fn). He was previously employed by GreenSky as the Vice President of Product Management over their digital experience and USAA as the Director of Product Management over Consumer Lending, Real Estate and the Car Buying Experience. Moore will have to have a hand out at least for a few moments when he is given the Subprime Auto Finance Executive of the Year Award during Used Car Week, which starts on Nov. 13 in Palm Springs, Calif. Moore joins past recipients, who include Bill Jensen of Chase Auto Finance, Ian Anderson ofWestlake Financial Services, Dan Ulatowski of Credit Acceptance and Ozzie Ramos of National Auto Lenders. A captive U.S. finance company will enhance the ownership experience and connectivity in the digital age for customers who purchase its award-winning Jeep, Ram, Dodge, Chrysler, Fiat and Alfa Romeo vehicles, and provide future opportunities to enable emerging business strategies. 69.27.35.207 The actual results of future events could differ materially from those stated in any forward-looking statements herein. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Its also been pretty exciting and incredible to see how this industry has evolved over the years. There are 40 other people named Tommy A. Moore Jr. on AllPeople. Duck is responsible for all treasury, accounting, human resource, information technology, regulatory compliance and risk management activities of the organization. We specialize in helping people with auto financing. Executive Vice President and Chief Financial Officer. Used Car Week 2016 in Las Vegas. HOUSTON, Jan. 5, 2021 /PRNewswire/ -- FIFS Holdings Corp., parent company to First Investors Financial Services Group ("First Investors" or the "Company"), today announced that the acquisition of the Company by funds affiliated with Gallatin Point Capital ("Gallatin Point") and minority investor Jacobs Asset Management ("JAM") closed on December 31, 2020 following receipt of all required consents and regulatory approvals. Gallatin Point aims to form highly collaborative partnerships with its investors and with management teams of its portfolio companies, seeking to combine the right capital with the right managerial competencies in order to maximize the outcome for all stakeholders. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The Company is an auto finance company engaged in originating and holding for investment automobile finance receivables and promissory notes originated by franchised automobile dealers or through refinancing transactions with the vehicle owners. Your IP: bennie.duck@fifsg.com. There are 44 other people named Tommy A. Moore JR on AllPeople. asian broccoli noodle salad; fred fg50023u 030 glasses; white corner desk with keyboard tray; The Company undertakes no obligation to revise or update publicly any such forward-looking statements for any reason. 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