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In its Quest to Become a Leading Information-Based Enterprise, JGWPT Names Greg A. Schneider as its Executive Vice President & Chief Information Officer
RADNOR, Pa., August 25, 2014 – JGWPT Holdings Inc. (“JGWPT” or the “Company”) (NYSE: JGW), a leading purchaser of structured settlement payments, annuity payments, lottery payments and other receivables through the J.G. Wentworth and Peachtree brands, today announced the appointment of Greg Schneider as Executive Vice President and Chief Information Officer effective immediately. He will also be a member of the Executive Committee.
In this new position at the Company, Greg will be responsible for technology, information architecture, data infrastructure, analytics, modeling, and privacy management.
“I’m excited to join the team at JGWPT,” said Schneider. “The Company has built a strong foundation, and I look forward to achieving measurable growth by leveraging the tremendous information infrastructure that has been built over the years.”
Greg joins the company after many years in consumer and financial services businesses, including senior roles at Western Union, Simon Property Group, and Conseco after spending over 15 years at Banc One Corporation in information technology roles.
Greg holds a Bachelor’s degree in Business Administration with honors from Ohio University.
“One of our strategic pillars is to become an information, data, and analytics company, and Greg will accelerate this critical initiative. Greg brings with him a unique ability to make data and technology come to life in a way that a company can act upon and execute against,” said Stewart A. Stockdale, Chief Executive Officer of JGWPT. “We have worked together in the past to build robust business and infrastructure platforms, and I am thrilled that he will be joining the talented management team at JGWPT.”
Forward Looking Statements
Certain statements in this press release may constitute “forward-looking statements.” All statements, other than statements of historical fact, are forward-looking statements. You can identify such statements because they contain words such as “plans,” “expects,” or “does expect,” “budget,” “forecasts,” “anticipates,” or “does not anticipate,” “believes,” “intends,” and similar expressions or statements that certain actions, events or results “may,” “could,” “would,” “might,” or “will,” be taken, occur or be achieved. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements and should not be relied upon as any guarantee of performance or results.
About JGWPT Holdings Inc.
JGWPT focuses on key sectors, including structured settlement payment purchasing, annuity payment purchasing, lottery payment purchasing and pre-settlement funding. Through our two market-leading and highly-recognizable brands, J.G. Wentworth and Peachtree Financial Solutions, we purchase future structured settlement payment streams from our customers. For more information about JGWPT, visit www.jgwpt.com or use the information provided below.