GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, today announced the appointment of Sandra K. Johnson, Ph. D., to its Board of Directors, effective immediately. Dr. Johnson is the Founder, Chief Executive Officer and Chief Technology Officer of Global Mobile Finance, a fintech startup company developing geeRemit, a global remittance mobile app based on mobile money. In addition, Dr. Johnson is the Chief Executive Officer of SKJ Visioneering, a provider of consulting and other services focused on IT best practices, infrastructure development, cloud, security, and software development.
Dr. Johnson’s appointment increases the size of Regional Management’s Board of Directors from eight directors to nine directors.
“We are excited to welcome Dr. Johnson to our Board,” said Roel C. Campos, Chair of the Corporate Governance and Nominating Committee of Regional Management’s Board of Directors. “Dr. Johnson’s significant technological and digital expertise makes her an ideal fit for Regional. Her wealth of experience is particularly useful as we continue to invest in our omni-channel capabilities to enhance our customer service and drive additional growth. We believe Dr. Johnson’s insight and innovative, conceptual thinking will further strengthen the Board, offer a fresh perspective, and provide considerable value as we continue to execute on our long-term strategy.”
Dr. Johnson brings to the Board extensive information technology and digital experience, having previously spent the vast majority of her career in a variety of senior leadership positions at IBM prior to founding SKJ Visioneering. In addition to geeRemit, Dr. Johnson has also developed various IT-related tools, utilizing proprietary advanced technology methods, and has been issued 37 patents, with five additional patents pending. She holds a Ph. D. in Electrical Engineering from Rice University, as well as a B.S. and an M.S., both in Electrical Engineering, from Southern University and Stanford University, respectively.
“I am delighted at the opportunity to join Regional’s exceptional Board as the company continues to invest robustly in its digital and omni-channel capabilities to further its mission,” added Dr. Johnson. “I look forward to collaborating with the Board on guiding Regional’s overall digital and growth strategies to further generate additional shareholder value.”
Regional Management conducted a formal search led by Victor Arias, Jr., Managing Partner of the Dallas–Fort Worth office of Diversified Search Group, which was named by Forbes as one of the top ten leading executive search firms in America.
About Regional Management Corp.
Regional Management Corp. (NYSE: RM) is a diversified consumer finance company that provides attractive, easy-to-understand installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. Regional Management operates under the name “Regional Finance” in 366 branch locations across 11 states in the Southeastern, Southwestern, Mid-Atlantic, and Midwestern United States, as of December 31, 2019. Most of its loan products are secured, and each is structured on a fixed rate, fixed term basis with fully amortizing equal monthly installment payments, repayable at any time without penalty. Regional Management sources loans through its multiple channel platform, which includes branches, centrally-managed direct mail campaigns, digital partners, retailers, and its consumer website. For more information, please visit www.RegionalManagement.com.
