The action you just performed triggered the security solution. 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. Its a team sport. "Enhancing customer. The executive management team, with an average tenure of 17 years with the Company, 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. 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 acquisition of First Investors allows Stellantis to create a platform from which to grow a full-service captive finance organization. Its not much to do about me. ", 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.". Why? Overview. 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. The company also has a portfolio acquisition division, gathering performing, non-performing and charged-off portfolios. First Investors understands that bad things happen to good people. Tommys accomplishments in the industry are well-documented and also well-deserved, Kalfus continued. I spend a tremendous amount of my time with that organization.. 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. Regardless of your past credit, we're here to get you into the vehicle you need. Your session is about to expire. For information regarding First Investors' financials, bond offerings, performance and. Prior to organizing the Company, Mr. Moore was employed in commercial banking in Houston, Texas where his responsibilities included retail and commercial lending. Becoming part of Stellantis provides long-term stability for our company and. Mr. Rodon joined the Company in February 2000 as Director of Operations with primary responsibility for all loan servicing and collection activities. 22,272 executive movements have been recorded in the last 12 months. 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. 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. No other material changes were made to the renewal terms. Found 34 colleagues at First Investors Financial Services Group, Inc.. Mr. Fath is a Certified Public Accountant in the State of Ohio. Press continue to keep your session alive. 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. tommy moore jr first investorsamerican eagle athletic fit shirts. More information about JAM can be found at www.jampartners.com. Save . Copies of this press release and other information about the Company are available on the Company's web site at www.fifsg.com. I love the industry, and I love this company. 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. He was concentrated on another banking career in Houston at the time, focused on retail and commercial lending. 1-866-834-2604 Mon-Fri: 8 am - 6 pm EST FAQs Check out our FAQs for the quick answers you need. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Its a pretty simple answer for me. His previous experience includes middle market corporate finance and real estate construction and development finance. Moore formed First Investors Financial Services back in 1988 to serve the special finance needs of dealers and consumers. This website is using a security service to protect itself from online attacks. Tommy A. Moore, Jr. President and CEO. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. He was promoted to Director of Finance and Corporate Controller in July 2003. Search our database of over 100 million company and executive profiles. Beaming as proudly as parents might about their childrens successes, Moore praises the efforts of the entire staff at First Investors Financial Services. Performance & security by Cloudflare. Performance & security by Cloudflare. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Mr. This website is using a security service to protect itself from online attacks. Back when I started this company, there wasnt much of an industry. 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. 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. This website is using a security service to protect itself from online attacks. Becoming part of Stellantis provides long-term stability for our company and employees. 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. 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. direct lending as well as portfolio acquisitions and third party servicing. Tommy MOORE: +1 713 273 5114 - tommy.moore@fifsg.com Bennie DUCK: +1 713 273 5116 - bennie.duck@fifsg.com: www.fifsg.com : Bloomberg Daybreak Middle East. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. For Washington Residents: Consumer Loan License # CL-128351. 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. He also served for a time, as manager of a leasing company owned by a Houston automobile dealership. Environmental Stewardship of Manufacturing Operations. 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 Moore reiterated many times how the success First Investors Financial Services has posted stems from its workforce. Tommy Moore Jr. initially thought what sprouted to be First Investors Financial Services would just be a sideline business in auto finance. Senior Vice President and Chief Digital Officer. Tommy Moore, Jr., President, and CEO of First Investors, said: "We are excited to join the Stellantis team. Wells Fargo Securities LLC served as exclusive financial advisor and Goodwin Procter LLP acted as legal advisor to Gallatin Point and the investor group. 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.. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Live from Dubai, connecting Asian markets to the European opens. 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. We specialize in helping people with auto financing. Our mission is to sustain a long-term business model that will reward our employees, shareholders, customers, vendors and community. Your IP: There are 40 other people named Tommy A. Moore Jr. on AllPeople. The NMLS Identifier # for In 2000, he was promoted to IT Operations Manager with responsibility for all computer systems, data communications and telecommunication networks for the organization. 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. Edit Jobs Section. valerie.gillot@stellantis.com, Kevin FRAZIER This website is using a security service to protect itself from online attacks. 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. Click to reveal Summary. The Company also announced that it had reached an agreement with its warehouse lender to extend its warehouse credit facility to August 2012. 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. 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. Its like my second job, Moore said of his Goodwill activities. SOURCE First Investors Financial Services Group, Inc. Cision Distribution 888-776-0942 Stellantis to Acquire First Investors Financial Services Group as Key Step to Developing a Captive Financial Services Business in U.S. Market . Its a pretty exciting industry. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. (Podcast), Former President/CEO/Co-Founder, First Investors Finl Svcs Grp. Forward-looking statements are not guarantees of future performance. 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.. Ill be somewhat embarrassed when its announced publicly. 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 First Investors, Mr. Fath served as Manager, General Accounting for The W.A. Number of Current Jobs 1. Readers should not place undue reliance on any such forward-looking statements, which are made only as of the date of this release. 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. 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