Regional Management Corp. appoints Sandra K. Johnson, Ph. D., to Board of Directors

April 22, 2020

GREENVILLE, SC – Regional Management Corp. (NYSE: RM), a diversified consumer finance company, 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.

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.

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.

– BUSINESS WIRE

 

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.