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. The First Investors management team is fully committed to ensuring a smooth and rapid integration into Stellantis. Under the terms of the renewal, the Company elected to reduce the commitment from $350 million to $300 million in light of its intent to access the term securitization market on a more frequent basis. Any forward-looking statements contained in this communication speak only as of the date of this document and Stellantis disclaims any obligation to update or revise publicly forward-looking statements. He was promoted to his current position of Senior Vice President - Co-Chief Operating Officer in November 2005. 1-866-834-2604 Mon-Fri: 8 am - 6 pm EST FAQs Check out our FAQs for the quick answers you need. Our mission is to sustain a long-term business model that will reward our employees, shareholders, customers, vendors and community. Mr. Rodon joined the Company in February 2000 as Director of Operations with primary responsibility for all loan servicing and collection activities. Mr. Satterfield joined First Investors in April 2011 in his current capacity. This is truly about the team. 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 Found 5 colleagues at First Investors Corporation. Tommy Moore, Jr., President and CEO of First Investors, noted: "We are excited to close the merger transaction which will allow the management team to resume its strategy of prudently growing organic originations in business segments that provide us with attractive risk-adjusted returns while strategically looking for opportunities to expand our lending partnerships, pursue portfolio acquisition opportunities, and establish third-party servicing relationships. Your IP: I can say Ive not worked much my entire life because if you find something you love to do, you never work another day in your life. 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. Please enable javascript for FIFSG.com to use this feature. Its virtually my child.. + 33 6 83 92 92 96 Tommy Moore Active Houston, TX President for First Investors Servicing Corporation Overview 14 Companies 62 Connections 5 Locations Contribute Follow Tommy Moore Overview Tommy Moore has been associated with fourteen companies, according to public records. Edit Overview Section. Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. 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.". More information about JAM can be found at www.jampartners.com. Rather, they are based on Stellantis current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. We are very excited to partner with its strong management team to accelerate growth opportunities and enhance First Investors' capacity to deliver value to its customers. Tommy Moore Jr. initially thought what sprouted to be First Investors Financial Services would just be a sideline business in auto finance. Over 500 thousand customers financed (and counting) We are easy to do business with. Any such forward-looking statements involve a number of risks and uncertainties. Tommy A. Moore, Jr., President and CEO stated, "First Investors is pleased to have reached an agreement with our investors to purchase $12.5 million in common stock. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The NMLS Identifier # for Its all about the team, Moore said. It looks like you have javascript disabled. He highlighted that there are 26 members on the senior management team who on average have been with the company for 16 years. Click to reveal Tommy A. Moore, Jr. President and CEO. He is responsible for all accounting and tax activities of the Company. There are 42 other people named Tommy Moore on AllPeople. In his current role, he has primary responsibility for loan servicing and collections and operational compliance. Consumer Concerns At First Investors, we take all consumer concerns seriously. The company also has a portfolio acquisition division, gathering performing, non-performing and charged-off portfolios. The NMLS Identifier # for Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. First Investors has created a unique business model that encompasses indirect and Live from Dubai, connecting Asian markets to the European opens. Contact info: tommy.moore@fifsg.com Find more info on AllPeople about Tommy Moore 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. +1 248 821 8507 The subprime auto industry continues to perform extremely well, especially given the long run of growth since the end of the recession, and Tommys contributions over the years are certainly a leading reason why we continue to experience a robust industry, and also why his customers have such a high level of satisfaction year after year.. Its a pretty simple answer for me. Im incredibly proud. 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. Jobs. 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. The statements contained in this release, which are not historical statements of fact, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Mr. Miller joined the company in August of 2017 in his current capacity. Mr. Fath served in the U.S. Army from 1986 to 1992 and received his Bachelor of Science in Accounting from the Ohio State University. The show will focus on global macro issues with a middle eastern context, provide expert analysis of major market moving stories and speak with the biggest newsmakers in the region. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Your session is about to expire. This communication contains forward-looking statements. tommy.moore@fifsg.com, Bennie DUCK Save . Forward-looking statements are not guarantees of future performance. The actual results of future events could differ materially from those stated in any forward-looking statements herein. Based on our data team's research, Thomas A Moore Jr "Tommy" is the First Investors Financial Services Group, Inc.'s CEO. Copies of this press release and other information about the Company are available on the Company's web site at www.fifsg.com. I like to fly under the radar screen.. or concern that you would like for us to review, please submit it as follows: First Investors Attn: Compliance Department Performance & security by Cloudflare. I just thought it was going to be a sideline business. 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. Street Address 1 Street Address 2; 675 Bering Drive: Suite 710: City State/Province/Country ZIP/PostalCode; Houston: TEXAS: 77057: . Back when I started this company, there wasnt much of an industry. In June 2005, he assumed the position of Director-Information Technology and now occupies his current role of Chief Information Officer. Your IP: 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. Becoming part of Stellantis provides long-term stability for our company and employees. The Company is headquartered in Houston, Texas and licensed or exempt from license in 37 states. Your IP: Prior to organizing the Company, Mr. Moore was employed in commercial banking in Houston, Texas where his responsibilities included retail and commercial lending. The purchases will occur in two tranches, the first of which closed today and covered 666,667 shares and gross proceeds of $5 million. A connection is made when two people are officers, directors, or . /PRNewswire/ -- First Investors Financial Services Group, Inc. (Pink Sheets: FIFS) announced today that it had entered into a definitive binding agreement with. /PRNewswire/ -- First Investors Financial Services Group, Inc. (Pink Sheets: FIFS) announced today that it had named industry veteran David L. Satterfield to. Moore formed First Investors Financial Services back in 1988 to serve the special finance needs of dealers and consumers. 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. 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. The Company is headquartered in Houston, Texas and has been in business for 32 years. 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. ABOUT FIRST INVESTORS FINANCIAL SERVICES GROUP, INC. The Company specializes in lending to consumers with impaired credit profiles. Im pretty humbled by it, Moore said. SOURCE First Investors Financial Services Group, Inc. Cision Distribution 888-776-0942 Click to reveal 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. 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. BofA Securities served as exclusive financial advisor and Sullivan & Cromwell LLP as legal advisor to Stellantis. Senior Vice President and Chief Digital Officer. FIRST INVESTORS Tommy MOORE +1 713 273 5114 tommy.moore@fifsg.com Bennie DUCK +1 713 273 5116 bennie.duck@fifsg.com Downloads Press Release September 1, 2021 Stellantis to Acquire First Investors Financial Services Group as Key Step to Developing a Captive Financial Services Business in U.S. Market Proceeds from the sale will be utilized by the Company to fund growth in its portfolio of automobile receivables and for general corporate purposes. Becoming part of Stellantis provides long-term stability for our company and. Always willing to work with customers - solving any financial issues that may arise. Senior Vice President - Chief Information Officer. 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. Tommy Moore, Jr., President and CEO of First Investors, noted: "We are excited to join the Stellantis team. 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. The Company also announced that it had reached an agreement with its warehouse lender to extend its warehouse credit facility to August 2012. 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. Tommy A. Moore . According to public records TOMMY A MOORE JR is connected with one company - First Investors Financial Services, Inc. Of Texas (Fn). You can email the site owner to let them know you were blocked. Read the Press Release. from 8 AM - 9 PM ET. Stellantis to Acquire First Investors Financial Services Group as Key Step to Developing a Captive Financial Services Business in U.S. Market . Cloudflare Ray ID: 7a1762029ea732e8 Senior Vice President Chief Risk Officer. Performance & security by Cloudflare. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Mr. Fath is a Certified Public Accountant in the State of Ohio. First Investors is JSOV's second investment. 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. Press continue to keep your session alive. There are 40 other people named Tommy A. Moore Jr. on AllPeople. First Investors helps people with credit issues get an auto loan. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. +1 713 273 5116 First Investors has an outstanding financial and operational platform, underpinned by a strong management team, with vast experience in the auto finance space. FIRST INVESTORS FINANCIAL SERVICES GROUP INC /s/Tommy A. Moore, Jr. Tommy A. Moore, Jr. Chief Executive Officer: 2011-05-13: But thats who I am. Please enable javascript for FIFSG.com to use this feature. Stellantis closes previously announced acquisition of First Investors Financial Servicing Group. Mr. Satterfield is responsible for all marketing, credit underwriting, indirect funding and direct lending call center operations for the Company. Mr. Prior to joining the Company, he was employed by General Electric Capital Corporation for 17 years in a variety of collection management roles overseeing GEs third-party collection agencies, legal recovery units and call centers. kevin.frazier@stellantis.com, Tommy MOORE AMSTERDAM, September 1, 2021 - . 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. 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. ", Matt Botein, Co-Founder and Managing Partner of Gallatin Point, said: "First Investors has an outstanding financial and operational track record and a distinguished reputation for how it conducts its business. Prior to organizing the Company, Mr. Moore was employed in commercial . This company was incorporated about twenty-seven years, ago in August of 1995. 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. communications@stellantis.com, Valrie GILLOT Prior to joining the Company, he served as a Network Administrator for several large organizations including the Center for Disease Control (CDC), BellSouth, and Lockheed Martin. While Moore thinks he might not be detected much, First Investors Financial Services certainly is part of the auto finance and dealership worlds. One is exercise. 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. 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 Found 34 colleagues at First Investors Financial Services Group, Inc.. 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. More information about Gallatin Point can be found at www.gallatinpoint.com. lossless and lossy compression examples We are flexible - offering multiple payment options. ", 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.". For Washington Residents: Consumer Loan License # CL-128351. 22,272 executive movements have been recorded in the last 12 months. 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. Cloudflare Ray ID: 7a17620d590382c0 Tommy Moore Jr. First Investors Financial Services also has a direct financing platform, targeting customers with an array of campaigns. Number of Current Jobs 1. Cloudflare Ray ID: 7a17622d2a340dc7 Regardless of your past credit, we're here to get you into the vehicle you need. Indirect Auto Lending for BBVA Compass. This website is using a security service to protect itself from online attacks. Stellantis is the only major OEM currently operating in the U.S. without a captive auto finance company. Bloomberg Daybreak Middle East. The Transaction is expected to close by the end of 2021, subject to customary closing conditions and regulatory approvals. 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. The action you just performed triggered the security solution. 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. Found 34 colleagues at First Investors Financial Services Group, Inc.. Now nearly 30 years later, First Investors Financial Services is a well-established auto finance company specializing in non-prime originations and servicing; a company that Moore calls, virtually my child.. 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. Importadora de alimentos y bebidas al por mayor tissot ballade 1853 sapphire crystal; industrial slide out shelf. The action you just performed triggered the security solution. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Tommy Moore, Jr., President and CEO of First Investors, noted: "We are excited to close the merger transaction which will allow the management team to resume its strategy of prudently growing . We specialize in helping people with auto financing. We believe that there are significant untapped growth opportunities for First Investors under Stellantis ownership as we expand our product suite to . lowest monthly payment possible! Loan license # CL-128351 Moore Jr. initially thought what sprouted to be First Investors he! Current role of Chief information Officer connection is made when two people officers... Going to be First Investors Financial Services back in 1988 to serve the special needs... Willing to work with customers - solving any Financial issues that may arise has. With impaired credit profiles to be First Investors, we take all consumer at. Is fully committed to ensuring a smooth and rapid integration into Stellantis kevin.frazier @ stellantis.com, Tommy Moore Jr. thought! 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