OneMain Financial has elected Andrew D. Macdonald to its Board of Directors, effective immediately. Macdonald, the CEO of Consilio LLC, brings with him a track record of identifying and realizing significant revenue, profitability, and growth opportunities. Macdonald has consistently used technology and data science to drive successful business performance.
Macdonald has been the CEO of Consilio since 2012. Prior to Consilio, he was a founding member of the management team of First Advantage Corporation, a global provider of employment background screening, identity, and verification solutions, where he served from 2003 through 2011, including as President and CEO.
From 2002 until 2003, Macdonald was President of Occupational Health Services at First American Financial Corporation, a title insurance protection and settlement services provider. Macdonald joined First American in 2002 through the acquisition of Employee Health Programs, where he served as President and CEO from 1990 until 2002.
OneMain Financial is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. It empowers its customers to solve today's problems and reach a better financial future through personalized solutions across 47 states, available online in 1,300 locations.
For additional information, please visit www.OneMainFinancial.com. Following these announcements, the company's shares moved 0.4%, and are now trading at a price of $48.83. For more information, read the company's full 8-K submission here.
