OAKVILLE, ON, April 13, 2015 /CNW/ - Jeffrey Newhouse, CEO of CTL Corp. ("CTL"), is proud to announce the appointments of Sean O'Brien as Chief Operating Officer and Andrew Mulroy as Vice President of Consumer Relations, effective immediately.
Sean O'Brien, Chief Operating Officer
As Chief Operating Officer (COO), Sean will be responsible for overseeing all aspects of CTLs day-to-day operations and continuing to improve CTL's operational effectiveness.
Sean is a pre-eminent leader in Canada's consumer automotive finance industry. Sean brings proven leadership, vision and a depth of experience that will continue to propel CTL to the forefront of Canada's automotive finance markets.
In his most recent role, Sean served as Head of Automotive Finance at TD Bank (TDAF); joining TDAF through the acquisition of VFC Inc., where he was COO. In these roles Sean led the integration of two businesses and built the largest traditional, and non-traditional auto loan portfolio in Canada.
"CTL has pulled together a great team and built a strong business platform; I'm really excited about the growth opportunities both in products and in the portfolio" says O'Brien.
Functions under Sean's leadership include Credit, Risk, Sales, Marketing, Collections and Customer Service. Sean succeeds Scott Newhouse, who has been appointed President of CTL.
Andrew Mulroy, VP, Consumer Relations
Andrew brings tremendous industry knowledge, leadership, risk management, and operational efficiency skills to CTL. Andrew joins CTL from TDAF (and previously VFC) where he spent twelve years as National Collections Manager. In this role, Andrew achieved strong collections results through process enhancement and organizational change. Prior to this, Andrew spent four years as Senior Manager, Account Receivable Fraud Management (ARFM) at TD Bank. In this role, he was responsible for TD's entire delinquent outsourced portfolio as well as distressed and insolvent debt sales.
"I am delighted to welcome two gentlemen of such high caliber," Newhouse says. "Both Sean and Andrew have tremendous expertise in all aspects of auto finance, and their experience will be extremely valuable as we continue working to be the best run, most profitable company in our industry."
CTL is also celebrating two significant promotions.
Scott Newhouse has been appointed President of CTL following a four year term as Chief Operating Officer, where he was instrumental in constructing the platform and forming the team to grow the portfolio from $0 in 2010 to $75 million in 2014. Andy Le has been appointed to the position of Chief Financial Officer (CFO) after serving an impressive term as VP of Finance, Compliance & Analytics where he played a key role in deploying over $100M in loan originations.
CTL is Canada's vehicle finance company. It offers flexible funding solutions to customers nationwide. Established in 2010, CTL has evolved to become the second largest non-bank automotive finance company, serving consumers in Canada's non-traditional credit market. Headquartered in Oakville, Ontario, and with an office in Montreal, Quebec, CTL's friendly team of professionals practices Responsible Lending™ and operates with a customer-first philosophy. CTL is dedicated to helping consumers finance a vehicle they need while working to improve their credit situation. CTL currently offers automotive terms from 48 to 72 months. For more information, please visit www.ctlcorp.ca.
SOURCE CTL Corp.
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For further information: Media contact: Denise Buott, CTL Marketing Manager, [email protected]