TMG FinancialServices, a sister company to The Members Group, announced thata longtime executive with the firm, Jon Sarvis, will take on thejob of CEO.
|Sarvis has been with the card issuing and investment CUSO sincethe beginning, the CUSO announced, most recently serving asCFO.
|“It's an exciting time for the future of our company,” said TMGFS Board Chairman, Patrick Jury. “We are fortunate to have a leaderwithin our ranks to become CEO and continue our success.”
|“I am very proud of the accomplishments we've achieved as acompany and our recognition in the marketplace,” said Sarvis. “Witha solid team of professionals committed to serving our partners andour cardmembers, TMGFS will continue to lead the industry withinnovative thinking and results.”
|TMGFS reported that it has 70,000 cardmembers and $140 millionin assets under management.
|The organization has been looking for a new CEO since thedeparture of Jeff Russell in April 2013.
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