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. Why? 64.111.109.93 STELLANTIS Tommy Moore, Jr., President and CEO of First Investors, noted: "We are excited to join the Stellantis team. 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. First Investors is easy to do business with. kevin.frazier@stellantis.com, Tommy MOORE Kalfus will hand Moore his award during Auto Fin Con at Used Car Week. 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. Consumer Concerns At First Investors, we take all consumer concerns seriously. Press continue to keep your session alive. Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. Stellantis is the only major OEM currently operating in the U.S. without a captive auto finance company. Tommy Moore Current Workplace First Investors Financial Services Location 5757 Woodway Dr Ste 400, Houston, Texas, 77057, United States Description Read More Industry Banking Finance Discover more about First Investors Financial Services Tommy Moore Work Experience and Education Work Experience President & Chief Executive Officer 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. You can email the site owner to let them know you were blocked. First Investors Financial Services Group, Inc. has 150 employees, of which 3 are in a leadership position. To be the preeminent leader in the automobile finance industry by focusing on solid fundamentals and superior and sustainable shareholders returns - without compromising quality. Tommy Moore, Jr., President and CEO of First Investors, noted: "As a management team, we are very excited to be partnering with Gallatin Point, a firm with an outstanding reputation, valuable industry expertise, and capital resources that will enhance our ability to grow our company." He runs almost daily anywhere from three to five miles, saying, I run for my head more than my body., When not lacing up those running shoes, Moore and his family will climb aboard their boat for a journey in the Gulf of Mexico, which he described as nourishment for my soul.. The Company also announced that it had reached an agreement with its warehouse lender to extend its warehouse credit facility to August 2012. 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. Mr. His previous experience includes middle market corporate finance and real estate construction and development finance. valerie.gillot@stellantis.com, Kevin FRAZIER 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. This website is using a security service to protect itself from online attacks. Its a pretty exciting industry. 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. More information about JAM can be found at www.jampartners.com. In 2000, he was promoted to IT Operations Manager with responsibility for all computer systems, data communications and telecommunication networks for the organization. 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They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Any such forward-looking statements involve a number of risks and uncertainties. Legal tools for community businesses and nonprofits. It looks like you have javascript disabled. He was previously employed for 11 years at CitiFinancial Auto where he served as Senior Vice President, Director of Strategic Business Group and at Auto One Acceptance Corporation, which was acquired by CitiFinancial, as Executive Vice President and Chief Credit Officer. The actual results of future events could differ materially from those stated in any forward-looking statements herein. This website is using a security service to protect itself from online attacks. Duck joined the Company in May 1996 in his current capacity. First Investors is a consumer finance company engaged in originating and holding for investment automobile finance receivables and promissory notes originated from franchised automobile dealers. Online Bill Pay. Ive been doing this now for 30 years, and I dont think theres ever been a boring moment in those 30 years, he continued. We are excited about the fundamentals in the subprime market and are focused on accelerating the growth in both our indirect and direct portfolios while also pursuing other opportunities to acquire or originate attractive assets. 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.. 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. First Investors understands that bad things happen to good people. Click to reveal Tommy Moore, Jr., President, and CEO of First Investors, said: "We are excited to join the Stellantis team. direct lending as well as portfolio acquisitions and third party servicing. Mr. Fath is a Certified Public Accountant in the State of Ohio. Stellantis strategic objective is to establish a U.S. captive finance company to support its sales and fully capitalize on its strong market position while creating long-term value for Stellantis shareholders. Furthermore, Moore is greatly involved with Houston-area Goodwill, a non-profit organization strives to enhance the dignity and quality of life of individuals and families by helping people reach their full potential through education, skills training and the power of work. Forward-looking statements are not guarantees of future performance. 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. The Company is headquartered in Houston, Texas and has been in business for over 32 years. Executive Summary. Duck is responsible for all treasury, accounting, human resource, information technology, regulatory compliance and risk management activities of the organization. Senior Vice President Chief Risk Officer. Its not much to do about me. Its like my second job, Moore said of his Goodwill activities. Your IP: The Company undertakes no obligation to revise or update publicly any such forward-looking statements for any reason. We specialize in helping people with auto financing. Tommy A. Moore, Jr., President and CEO stated, "First Investors is pleased to have reached an agreement with our investors to purchase $12.5 million in common stock. Number of Current Jobs 1. Cloudflare Ray ID: 7a17620d590382c0 Over 500 thousand customers financed (and counting) We are easy to do business with. or concern that you would like for us to review, please submit it as follows: First Investors Attn: Compliance Department Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The Company is headquartered in Houston, Texas and licensed or exempt from license in 37 states. You can email the site owner to let them know you were blocked. Indirect Auto Lending for BBVA Compass. 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. 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 . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Cloudflare Ray ID: 7a17622d2a340dc7 +1 713 273 5114 The action you just performed triggered the security solution. Cloudflare Ray ID: 7a1762029ea732e8 We believe that there are significant untapped growth opportunities for First Investors under Stellantis ownership as we expand our product suite to support the auto sales growth of Stellantis. Senior Vice President - Chief Information Officer. BofA Securities served as exclusive financial advisor and Sullivan & Cromwell LLP as legal advisor to Stellantis. Found 52 colleagues at First Investors Financial Services Group, Inc.. There are 44 other people named Tommy A. Moore JR on AllPeople. Its about the members.. Butler Company from 1994 to 1998. The action you just performed triggered the security solution. Mr. Becoming part of Stellantis provides long-term stability for our company and employees. I love the industry, and I love this company. Its really been exciting to see how this industry has evolved to a mainstay, a normal part of the auto finance industry, Moore went on to say. The purchases will occur in two tranches, the first of which closed today and covered 666,667 shares and gross proceeds of $5 million. One is exercise. Your session is about to expire. Found 34 colleagues at First Investors Financial Services Group, Inc.. Back when I started this company, there wasnt much of an industry. Performance & security by Cloudflare. buncombe county commissioner jasmine beach-ferrara. HOUSTON, Jan. 5, 2021 /PRNewswire/ -- FIFS Holdings Corp., parent company to First Investors Financial Services Group ("First Investors" or the "Company"), today announced that the acquisition of the Company by funds affiliated with Gallatin Point Capital ("Gallatin Point") and minority investor Jacobs Asset Management ("JAM") closed on December 31, 2020 following receipt of all required consents and regulatory approvals. asian broccoli noodle salad; fred fg50023u 030 glasses; white corner desk with keyboard tray; 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. He is responsible for all accounting and tax activities of the Company. 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