/PRNewswire/ -- First Investors Financial Services Group, Inc. (Pink Sheets: FIFS) announced today that it had named industry veteran David L. Satterfield to. Its not just giving a handout. 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 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. Mr. Satterfield has over 20 years experience in automobile lending. We may be able to help you reduce your monthly payment. Executive Vice President and Chief Financial Officer. Gallatin Point Capital LLC is a private investment firm with a primary focus on making investments in financial institutions, services, and assets. It looks like you have javascript disabled. The Company also announced that it had reached an agreement with its warehouse lender to extend its warehouse credit facility to August 2012. Bloomberg Daybreak Middle East. Mr. Fath is a Certified Public Accountant in the State of Ohio. Ardea Partners LP served as exclusive financial advisor and Goodwin Procter LLP as legal advisor to Gallatin Point and the Company. 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. 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. 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. First Investors Financial Services also has a direct financing platform, targeting customers with an array of campaigns. Based on our data team's research, Thomas A Moore Jr "Tommy" is the First Investors Financial Services Group, Inc.'s CEO. SOURCE First Investors Financial Services Group, Inc. Cision Distribution 888-776-0942 The company also has a portfolio acquisition division, gathering performing, non-performing and charged-off portfolios. Im pretty humbled by it, Moore said. 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. The firm's approach is to identify opportunities that arise from complexity, dislocation, or changes in technology and regulation. Please enable javascript for FIFSG.com to use this feature. Tommy Moore, Jr., President, and CEO of First Investors, said: "We are excited to join the Stellantis team. Press continue to keep your session alive. 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. bennie.duck@fifsg.com. 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 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. 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. He was concentrated on another banking career in Houston at the time, focused on retail and commercial lending. 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. (Podcast), Former President/CEO/Co-Founder, First Investors Finl Svcs Grp. 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. 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. There are 44 other people named Tommy A. Moore JR on AllPeople. Tommys accomplishments in the industry are well-documented and also well-deserved, Kalfus continued. The Company undertakes no obligation to revise or update publicly any such forward-looking statements for any reason. In 2000, he was promoted to IT Operations Manager with responsibility for all computer systems, data communications and telecommunication networks for the organization. Executive Vice President and Chief Financial Officer. 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. Cloudflare Ray ID: 7a17620d590382c0 Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. +1 713 273 5116 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. Ill be somewhat embarrassed when its announced publicly. Over 500 thousand customers financed (and counting) We are easy to do business with. Its virtually my child.. Mr. Sexton joined First Investors April 1999 as a Network Administrator. Found 34 colleagues at First Investors Financial Services Group, Inc.. Used Car Week 2016 in Las Vegas. It looks like you have javascript disabled. Becoming part of Stellantis provides long-term stability for our company and employees. 2023 by Cherokee Media Group All rights reserved. ABOUT FIRST INVESTORS FINANCIAL SERVICES GROUP, INC. /PRNewswire/ -- First Investors Financial Services Group, Inc. (Pink Sheets: FIFS) announced today that it had entered into a definitive binding agreement with. The acquisition of First Investors allows Stellantis to create a platform from which to grow a full-service captive finance organization. Why? 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. . We specialize in helping people with auto financing. We are flexible - offering multiple payment options. 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. 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. 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. Prior to joining First Investors, Mr. Fath served as Manager, General Accounting for The W.A. But thats who I am. Readers should not place undue reliance on any such forward-looking statements, which are made only as of the date of this release. First Investors helps people with credit issues get an auto loan. or concern that you would like for us to review, please submit it as follows: First Investors Attn: Compliance Department The Company also purchases receivables through portfolio acquisitions or from third party originators and performs third-party loan servicing for unaffiliated clients. View Tommy Moore's profile for company associations, background information, and partnerships. Its also been pretty exciting and incredible to see how this industry has evolved over the years. FIRST INVESTORS FINANCIAL SERVICES GROUP INC /s/Tommy A. Moore, Jr. Tommy A. Moore, Jr. Chief Executive Officer: 2011-05-13: communications@stellantis.com, Valrie GILLOT 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. He also served for a time, as manager of a leasing company owned by a Houston automobile dealership. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. I spend a tremendous amount of my time with that organization.. 1-866-834-2604 Mon-Fri: 8 am - 6 pm EST FAQs Check out our FAQs for the quick answers you need. 69.27.35.207 Its like my second job, Moore said of his Goodwill activities. 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Tommy Moore Jr. initially thought what sprouted to be First Investors Financial Services would just be a sideline business in auto finance. tommy.moore@fifsg.com, Bennie DUCK Save . He was promoted to Director of Finance and Corporate Controller in July 2003. Click to reveal Consumer Concerns At First Investors, we take all consumer concerns seriously. First Investors understands that bad things happen to good people. 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. For Over 34 Years Auto Finance Has Been Our Only Business. Senior Vice President and Chief Digital Officer. Tommy Moore, Jr., President and CEO of First Investors, noted: "We are excited to join the Stellantis team. 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. "Enhancing customer. 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. Mr. The NMLS Identifier # for 192.186.135.58 Mr. Berend joined the Company in November 2018 in his current capacity. This company was incorporated about twenty-seven years, ago in August of 1995. Please enable javascript for FIFSG.com to use this feature. First Investors Contact: Bennie H. DuckTelephone: (713) 273-5116, Gallatin Point Contact: Bridget ColeTelephone (203) 742-0209, JAM Contact: Ryan ZachariaTelephone (212) 271-5126, View original content:http://www.prnewswire.com/news-releases/fifs-holdings-corp-and-first-investors-financial-services-group-announces-closing-of-merger-301201063.html, Plus500. The Company is headquartered in Houston, Texas and licensed or exempt from license in 37 states. Tommy Moore, Jr., President and CEO of First Investors, noted: We are excited to join the Stellantis team. This website is using a security service to protect itself from online attacks. 64.111.109.93 Stellantis aspires to become the greatest, not the biggest while creating added value for all stakeholders as well as the communities in which it operates. Copies of this press release and other information about the Company are available on the Company's web site at www.fifsg.com. 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. 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. Importadora de alimentos y bebidas al por mayor tissot ballade 1853 sapphire crystal; industrial slide out shelf. Cloudflare Ray ID: 7a1762394eeae12f Legal tools for community businesses and nonprofits. 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 STELLANTIS 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. Carlos Tavares, CEO of Stellantis, said: This transaction marks a significant milestone in Stellantis sales finance strategy in the critical U.S. market. Terms of the merger were not disclosed, but a portion of the proceeds from the transaction will serve to retire certain indebtedness of the Company and provide additional working capital to grow and expand the Company's lending businesses as well as to accelerate its portfolio acquisition capabilities and third-party servicing segment. The action you just performed triggered the security solution. Stellantis closes previously announced acquisition of First Investors Financial Servicing Group. 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. This website is using a security service to protect itself from online attacks. 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. from 8 AM - 9 PM ET. 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. First Investors Financial Services Group, Inc. has 150 employees, of which 3 are in a leadership position. Its all about the team, Moore said. Click to reveal 22,272 executive movements have been recorded in the last 12 months. Mr. Berend is responsible for decision science, credit risk management, pricing & profitability analytics, portfolio risk management and operational monitoring. Cloudflare Ray ID: 7a17622d2a340dc7 More information about Gallatin Point can be found at www.gallatinpoint.com. I love the industry, and I love this company. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. I like to fly under the radar screen.. Duck joined the Company in May 1996 in his current capacity. 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. 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. 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.. Your session is about to expire. Environmental Stewardship of Manufacturing Operations. AMSTERDAM, September 1, 2021 - . Search our database of over 100 million company and executive profiles. BofA Securities served as exclusive financial advisor and Sullivan & Cromwell LLP as legal advisor to Stellantis. First Investors is easy to do business with. Gender Male; Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. 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.. Press continue to keep your session alive. This communication contains forward-looking statements. Wells Fargo Securities LLC served as exclusive financial advisor and Goodwin Procter LLP acted as legal advisor to Gallatin Point and the investor group. Moore formed First Investors Financial Services back in 1988 to serve the special finance needs of dealers and consumers. The Company specializes in lending to consumers with impaired credit profiles. In June 2005, he assumed the position of Director-Information Technology and now occupies his current role of Chief Information Officer. 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. 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. ", 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. There are 42 other people named Tommy Moore on AllPeople. Online Bill Pay. Butler Company from 1994 to 1998. 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. You can email the site owner to let them know you were blocked. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Kalfus will hand Moore his award during Auto Fin Con at Used Car Week. Senior Vice President - Chief Accounting Officer. 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 . The executive management team, with an average tenure of 17 years with the Company, is expected to remain in place. Im incredibly proud. There are 48 other people named Tommy A. Moore Jr on AllPeople. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Edit Overview Section. 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. He was promoted to his current position of Senior Vice President - Co-Chief Operating Officer in November 2005. kevin.frazier@stellantis.com, Tommy MOORE Becoming part of Stellantis provides long-term stability for our company and. Senior Vice President Chief Risk Officer. Mr. Satterfield joined First Investors in April 2011 in his current capacity. 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.