May 20, 2013 1:37 PM ET

Consumer Finance

Company Overview of Springleaf Finance Corporation

Company Overview

Springleaf Finance Corporation, a financial services holding company, engages in the consumer finance and credit insurance businesses. The company operates in three segments: Branch, Centralized Real Estate, and Insurance. The Branch segment provides secured and unsecured non-real estate loans; revolving retail sales financing services, as well as purchases retail sales contracts; and real estate loans secured by first or second mortgages on residential real estate. The Centralized Real Estate segment includes non-conforming residential real estate loans that are originated or purchased through distribution channels other than its branches comprising direct lending to customers and portfolio...

Detailed Description

601 NW Second Street

Evansville, IN 47708

United States

Founded in 1920

3,600 Employees

Phone:

812-424-8031

Fax:

812-468-5682

www.springleaffinancial.com

Key Executives for Springleaf Finance Corporation

Chief Executive Officer
Age: 50
Chief Financial Officer and Senior Vice President
Age: 37
Executive Vice President of Branch Operations
Age: 48
Executive Vice President of Capital Markets
Age: 53
Chief Accounting Officer
Age: 55
Compensation as of Fiscal Year 2012.

Springleaf Finance Corporation Key Developments

Springleaf Finance Corporation Announces Board and Executive Changes

On December 19, 2012, Donald R. Breivogel, Jr., Robert A. Cole, Bradford Borchers and Susan Givens announced their resignations from the Board of Directors of Springleaf Finance Corporation. The company had previously disclosed Messrs. Breivogel and Cole’s intent to resign. The resignations were effective immediately. Immediately after the resignations, the Board elected Roy Guthrie and Anahaita Kotval as Directors of the company. Ms. Kotval also was elected as Chairman of the newly-created Compliance Committee of the Board. At a December 19, 2012 Board meeting, the Board accepted Mr. Breivogel’s resignation as Chief Financial Officer of the company, effective December 31, 2012. The company had previously disclosed Mr. Breivogel’s intent to retire as Chief Financial Officer. At the same meeting, the Board elected Minchung (Macrina) Kgil, age 37, as Chief Financial Officer of the company, effective January 1, 2013. On December 19, 2012, the Board accepted Leonard J. Winiger’s resignation as Chief Accounting Officer of the company, effective December 31, 2012.  The company had previously disclosed Mr. Winiger’s intent to retire as Chief Accounting Officer. On the same date, the Board elected William Kandel, age 55, as Chief Accounting Officer of the company, effective January 1, 2013.

Springleaf Finance Corporation, Board Meeting, Dec 19, 2012

Springleaf Finance Corporation, Board Meeting, Dec 19, 2012. Agenda: To approve the executive changes of the company.

Springleaf Finance Corporation Announces Executive Changes

On November 29, 2012, Leonard J. Winiger, Vice President and Chief Accounting Officer of Springleaf Finance Corporation, advised the company of his intent to retire and to resign as an officer of the company and its subsidiaries on or about December 31, 2012. The company anticipates that William Kandel, currently an Assistant Controller of the company, will be assuming the position of Vice President and Chief Accounting Officer upon Mr. Winiger's retirement. Mr. Kandel, age 55, has been Assistant Controller since July 2008. Since September 2006, he also has served as Chief Financial Officer for Wilmington Finance Inc. Before assuming the duties at Wilmington, Mr. Kandel had been employed by the company in several capacities since 1990, including Vice President of Corporate Development and Director of Budgeting.

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