Resolvion Announces New CEO

Resolvion Welcomes Mike Thomas as New Chief Executive Officer

FOR IMMEDIATE RELEASE

Charlotte, NC, April 1, 2024 – Resolvion, a premier provider of repossession management solutions, is pleased to announce the appointment of Mike Thomas as its Chief Executive Officer. With a distinguished career in the financial services sector, Thomas brings to Resolvion a wealth of experience, notably from his successful tenure from 2015 to 2020, initially as SVP of Operations and CIO and ultimately CEO, at Primeritus Financial Services, a leading firm in the repossession management industry.

Resolvion Announces New CEO — Mike Thomas, incoming Resolvion CEO

At Primeritus, Thomas was a pivotal part of the executive team leading the company through years of industry leading levels of client performance, enhanced operational efficiencies, and significant growth. His strategic leadership was characterized by an intense focus on client scorecard performance, operational excellence and technological innovation, which together propelled the company forward in a highly competitive landscape.

Prior to his tenure at Primeritus, Thomas’s career spanned a variety of leadership roles where he excelled in operations, information technology, and strategic planning. His extensive background is marked by a consistent track record of driving operational improvements, leveraging technology to enhance business outcomes, and leading teams through transformational change.

His expertise in both operations and IT has been a critical factor in his ability to deliver outstanding results across the organizations he has led. Mike Levison, Vice Chairman of the Board at Resolvion, expressed his enthusiasm for Thomas’ appointment, stating, “Mike Thomas’ arrival at Resolvion marks a significant milestone for our company. His exceptional track record, deep understanding of our industry, and strong background in operations and IT make him uniquely qualified to lead our company into the future. We are extremely excited to have him on board and are confident in his ability to guide Resolvion to achieve new levels of success.“

Reflecting on his new role, Mike Thomas commented, “I am thrilled to join the Resolvion team and eager to contribute to its continued growth and success. The opportunity to leverage my experience to further enhance Resolvion’s offerings and customer service is incredibly exciting. I look forward to working with the company’s very talented team as we strive to set new standards in the repossession management industry.”

About Resolvion:

Resolvion is one of the nation’s leading loss mitigation management firms with a team of 300 associates serving a growing base of over 200 clients, including 40 of the top 50 auto finance providers. The company’s services include recovery, skip tracing, license plate recognition, heavy equipment repossession, impound, and remarketing. Resolvion, along with its 600+ recovery agents, handle nearly one million cases annually using our leading technology platform and a comprehensive compliance program which includes monitoring and training.

Resolvion is headquartered in Charlotte, NC, with additional operations in Atlanta, GA, Carlsbad, CA and Shelton, CT. For more information, visit: www.resolvion.com .

For more information, please contact: Michael Levison

Michael.levison@resolvion.com /404-849-9515