CHESTERBROOK, Pa.--(BUSINESS WIRE)--The J.G. Wentworth Company® (“J.G. Wentworth” or the “Company”) today announced it has appointed Randi Sellari Chief Executive Officer, Specialty Finance, effective immediately. She succeeds Stewart Stockdale, who has led the company since 2014.
Sellari previously spent nearly two decades at J.G. Wentworth, serving in a variety of leadership roles, including Chief Financial Officer and, later, President and Chief Operating Officer. In her capacity as Chief Executive Officer, Specialty Finance, she will oversee all corporate functions of the Company and report to the Board of Directors on behalf of the structured settlements, prepaid cards and personal and business loans divisions.
“We are excited to welcome Randi back to our executive team,” said David Miller, Chairman of the Board. “Randi’s institutional knowledge, depth of industry expertise and leadership skills make her uniquely qualified to lead the Company successfully into the future.”
“I am thrilled to be returning to J.G. Wentworth,” said Sellari. “I look forward to working closely with teams across the organization to bring our world-class financial products and services to more customers.”
The Company also announced today that Phil Buscemi, President of J.G. Wentworth Home Lending, will report directly to the Board of Directors on behalf of the Company’s expanding mortgage lending division, effective immediately.
“J.G. Wentworth Home Lending continues to experience record growth in loan originations and operational capacity,” said Miller. “This new reporting structure will support our efforts to sustain the Company’s progress in the home lending space. More broadly, it will give our many divisions the focus and flexibility they need to maximize their potential.”
About The J.G. Wentworth Company®
The J.G. Wentworth Company® is focused on providing direct-to-consumer access to financing solutions through a variety of avenues, including: mortgage lending and refinancing, structured settlement, annuity and lottery payment purchasing, prepaid cards, and access to providers of personal loans.
Mortgage loans are offered by J.G. Wentworth Home Lending, LLC 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.jgwentworth.com or use the information provided below.