Min.20 minute delay
The J.G. Wentworth Company® Names John Owens as Chief Marketing Officer
RADNOR, Pa.— The J.G. Wentworth Company® (“J.G. Wentworth” or the “Company”) (NYSE:JGW), a diversified consumer financial services company, today announced the appointment of John Owens as its new Chief Marketing Officer.
John most recently served as Managing Vice President, Head of Marketing for Capital One Bank in Wilmington, DE. Prior to that, John served as Head of Marketing for ING Direct during a period of time where the company was recognized as Marketer of the Year and where he also gained specific experience in support of their mortgage origination business.
“John brings to J.G. Wentworth crucial experience and leadership in building and managing digital marketing campaigns,” said Stewart Stockdale, Chief Executive Officer of J.G. Wentworth. “His proven track record of supporting highly successful, financial services direct-to-consumer organizations will help bolster our brand, expand our reach and improve marketing response rates.”
John will oversee the development and execution of marketing strategies and campaigns to support J.G. Wentworth’s diversified consumer product offerings including structured settlements payment purchasing, mortgage lending and refinancing, personal lending, and prepaid cards.
“I am thrilled to join J.G. Wentworth at a time when it is undergoing an exciting transformation,” said Owens. “The J.G. Wentworth brand resonates deeply with consumers, and the deployment of innovative marketing strategies will be critical to sustaining long-term growth. I look forward to helping the Company devise new ways to connect with consumers and secure broader awareness of its expanded product line.”
Prior to his work in the financial services industry, John held product manager roles with multiple major consumer product companies, including Vlasic Foods, Mattel and Johnson & Johnson.
John holds a Bachelor’s Degree in Economics from the Wharton School of the University of Pennsylvania and an MBA with majors in Marketing, Finance and Statistics from the Kellogg Graduate School of Management at Northwestern University.
About The J.G. Wentworth Company®
The J.G. Wentworth Company® is a diversified consumer financial services company. The Company is focused on providing direct-to-consumer access to financing needs through a variety of solutions, including: mortgage lending and refinancing, personal lending, structured settlements payment purchasing, and prepaid cards. Through the J.G. Wentworth, Peachtree Financial Solutions, and Olive Branch Funding brands, the Company is the leading purchaser of structured settlement payments.
Mortgage loans are offered by J.G. Wentworth Home Lending, Inc. NMLS ID # 2925 (www.nmlsconsumeraccess.org), 3350 Commission Court, Woodbridge, VA 22192; 888-349-3773.
For more information about The J.G. Wentworth Company®, visit www.jgw.com or use the information provided below.
This announcement shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of our securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful, prior to registration or qualification under the securities laws of any such state or jurisdiction.
Certain statements in this press release 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.
Consideration should be given to the areas of risk set forth under the heading “Risk Factors” in our filings with the Security and Exchange Commission (the “SEC”), including our registration statement on Form S-1 for our initial public offering, as filed with and declared effective by the SEC on November 8, 2013, and in our other filings made from time to time, in connection with considering any forward-looking statements that may be made by us and our business generally. Except for our ongoing obligations to disclose material information under the federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events unless we are required to do so by law.
The J.G. Wentworth Company®
Erik Hartwell, VP, Investor Relations
The Glover Park Group
Ray Conger, 202-292-6961