Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. (Podcast), Former President/CEO/Co-Founder, First Investors Finl Svcs Grp. Prior to organizing the Company, Mr. Moore was employed in commercial . Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. The company also has a portfolio acquisition. asian broccoli noodle salad; fred fg50023u 030 glasses; white corner desk with keyboard tray; /PRNewswire/ -- First Investors Financial Services Group, Inc. (Pink Sheets: FIFS) announced today that it had entered into a definitive binding agreement with. The Company is headquartered in Houston, Texas and has been in business for 32 years. 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. Performance & security by Cloudflare. Its life-changing through the power of work. This communication contains forward-looking statements. 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. 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. Customer Service Agents ready to answer your questions. 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. Mr. Berend is responsible for decision science, credit risk management, pricing & profitability analytics, portfolio risk management and operational monitoring. Stellantis closes previously announced acquisition of First Investors Financial Servicing Group. 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. Found 5 colleagues at First Investors Corporation. 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. On behalf of everyone at Black Book, we wish to congratulate Tommy Moore Jr. on receiving the award of Subprime Auto Finance Executive of the Year from Cherokee Media Group, said Jared Kalfus, who is senior vice president of sales and marketing at Black Book Lender Solutions. More information about Gallatin Point can be found at www.gallatinpoint.com. It looks like you have javascript disabled. Edit Overview Section. I spend a tremendous amount of my time with that organization.. (Photo by Jonathan Fredin). Tommy A. Moore, Jr. President and CEO Blaise G. Rodon Senior Vice President - Co-Chief Operating Officer Perry A. Sexton Senior Vice President - Chief Information Officer Ryan S. Miller Senior Vice President and Chief Digital Officer Bennie H. Duck Executive Vice President and Chief Financial Officer David L. Satterfield Its also been pretty exciting and incredible to see how this industry has evolved over the years. Your IP: Overview. First Investors helps people with credit issues get an auto loan. Moore mentioned that hes completed 13 marathons and 25 triathlons. Live from Dubai, connecting Asian markets to the European opens. communications@stellantis.com, Valrie GILLOT Found 34 colleagues at First Investors Financial Services Group, Inc.. or concern that you would like for us to review, please submit it as follows: First Investors Attn: Compliance Department For Over 34 Years Auto Finance Has Been Our Only Business. We may be able to help you reduce your monthly payment. You can email the site owner to let them know you were blocked. When hes not leading the team at First Investors Financial Services, Moore is heavily involved with some of his other passions. He also served for a time, as manager of a leasing company owned by a Houston automobile dealership. There are 44 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. Based on our data team's research, Thomas A Moore Jr "Tommy" is the First Investors Financial Services Group, Inc.'s CEO. First Investors is easy to do business with. The action you just performed triggered the security solution. Your session is about to expire. Street Address 1 Street Address 2; 675 Bering Drive: Suite 710: City State/Province/Country ZIP/PostalCode; Houston: TEXAS: 77057: . 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. Such forward-looking statements may often be, but are not always, identified by the use of such words such as "intends", "anticipates", or "proposes, or by statements that certain actions, events or results "may" or "will" be taken, occur or be achieved, and may include statements about future operations and the anticipated timing for any proposed actions. 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. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The Company also purchases receivables through portfolio acquisitions or from third party originators and performs third-party loan servicing for unaffiliated clients. Click to reveal Number of Current Jobs 1. Butler Company from 1994 to 1998. Kalfus will hand Moore his award during Auto Fin Con at Used Car Week. It looks like you have javascript disabled. Please enable javascript for FIFSG.com to use this feature. Mr. 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. View Tommy Moore's profile for company associations, background information, and partnerships. Forward-looking statements are not guarantees of future performance. 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. Cloudflare Ray ID: 7a1762394eeae12f Cloudflare Ray ID: 7a17620d590382c0 First Investors understands that bad things happen to good people. The Transaction is expected to close by the end of 2021, subject to customary closing conditions and regulatory approvals. The transaction represents a meaningful strategic opportunity, with significant potential for accretive earnings generation and improving customer loyalty. The Company undertakes no obligation to revise or update publicly any such forward-looking statements for any reason. +1 248 821 8507 Environmental Stewardship of Manufacturing Operations. Tommy A. Moore, Jr. President and CEO. Found 52 colleagues at First Investors Financial Services Group, Inc.. Click to reveal There are 40 other people named Tommy A. Moore Jr. on AllPeople. 69.27.35.207 Senior Vice President and Chief Digital Officer. He was previously employed for 10 years by Bank of America in various capacities, most recently as Vice President of Corporate Finance where his responsibilities included corporate lending and capital market activities for both high yield and high grade clients. 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. Other companies Mr. Miller has worked for include Perot Systems, Advanced Fibre Communications and the United States Army. STELLANTIS 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. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Senior Vice President Chief Risk Officer. 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. He was promoted to his current position of Senior Vice President - Co-Chief Operating Officer in November 2005. This person is appointed in First Investors Financial Services, Inc. Of Texas (Fn) as a PRESIDENT/CEO. According to public records TOMMY A MOORE JR is connected with one company - First Investors Financial Services, Inc. Of Texas (Fn). Falconbridge Capital Markets LLC served as an advisor to the Company on the transaction. The acquisition of First Investors allows Stellantis to create a platform from which to grow a full-service captive finance organization. This company was incorporated about twenty-seven years, ago in August of 1995. This website is using a security service to protect itself from online attacks. Its virtually my child.. Mr. Fath is a Certified Public Accountant in the State of Ohio. Click to reveal Your IP: 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Your IP: Credit Suisse Securities (USA) LLC served as exclusive financial advisor and Willkie Farr & Gallagher LLP acted as legal advisor to First Investors. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. 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. 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. Back when I started this company, there wasnt much of an industry. This is truly about the team. 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. Rodon joined the Company in February 2000 as Director of Operations with primary responsibility for all loan servicing and collection activities. There are 42 other people named Tommy Moore on AllPeople. While Moore thinks he might not be detected much, First Investors Financial Services certainly is part of the auto finance and dealership worlds. Search our database of over 100 million company and executive profiles. Proceeds from the sale will be utilized by the Company to fund growth in its portfolio of automobile receivables and for general corporate purposes. Self-service account management tools. 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. I like to fly under the radar screen.. Its about the members.. 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. 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.. 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. tommy moore jr first investorsamerican eagle athletic fit shirts. HOUSTON, May 13, 2011 /PRNewswire/ -- First Investors Financial Services Group, Inc. (Pink Sheets: FIFS) announced today that it had entered into a definitive binding agreement with certain accredited investors to sell 1,666,667 shares of common stock to the investors at $7.50 per share. For information regarding First Investors' financials, bond offerings, performance and. He highlighted that there are 26 members on the senior management team who on average have been with the company for 16 years. 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. 1-866-834-2604 Mon-Fri: 8 am - 6 pm EST FAQs Check out our FAQs for the quick answers you need. Mr. Berend joined the Company in November 2018 in his current capacity. bennie.duck@fifsg.com. Prior to organizing the Company, Mr. Moore was employed in commercial banking in Houston, Texas where his responsibilities included retail and commercial lending. Stellantis Financial Services, Inc. d/b/a First Investors Financial Services is NMLS-128351 and the consumer access link may be accessed at the following web site: http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/128351, Over 500 thousand customers financed (and counting), Always willing to work with customers - solving any financial issues that may arise, We are flexible - offering multiple payment options, Customer Service Agents ready to answer your questions. Its like my second job, Moore said of his Goodwill activities. Executive Summary. Your IP: Indirect Auto Lending for BBVA Compass. Tommy Moore Jr. First Investors Financial Services also has a direct financing platform, targeting customers with an array of campaigns. 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. 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. Please enable javascript for FIFSG.com to use this feature. There are 48 other people named Tommy A. Moore Jr on AllPeople. Your session is about to expire. 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. More information about JAM can be found at www.jampartners.com. The action you just performed triggered the security solution. The executive management team, with an average tenure of 17 years with the Company, is expected to remain in place. Meanwhile, we remain committed to continuing to offer our loans and services to our existing network of dealers and current business partners.. Stellantis to Acquire First Investors Financial Services Group as Key Step to Developing a Captive Financial Services Business in U.S. Market . The First Investors management team is fully committed to ensuring a smooth and rapid integration into Stellantis. Cloudflare Ray ID: 7a17622d2a340dc7 The Company specializes in lending to consumers with impaired credit profiles. 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. Executive Vice President and Chief Financial Officer. Tommy Moore, Jr., President and CEO of First Investors, noted: We are excited to join the Stellantis team. 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. You can email the site owner to let them know you were blocked. 2023 by Cherokee Media Group All rights reserved. ", 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.". Mr. Satterfield has over 20 years experience in automobile lending. 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. No other material changes were made to the renewal terms. 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.. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. We specialize in helping people with auto financing. 216.177.141.39 Click to reveal Bloomberg Daybreak Middle East. Ill be somewhat embarrassed when its announced publicly. 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