Tim Russi, Former Ally Executive, To Join Resolvion Board of Directors

FOR IMMEDIATE RELEASE

Atlanta, GA – 19 November 2019 – Resolvion, a leading provider of loss mitigation services, announced today that Tim Russi, former vice chairman of Ally Auto Finance, has joined the company’s board of directors.

Russi joins Resolvion after having spent ten years at Ally where he was responsible for all aspects of the auto finance and remarketing businesses.  Prior to joining Ally, he was the president of Bank of America’s Dealer Financial Services.  He has also been active with the American Financial Services Association including its Vehicle Finance committee and the overall board of directors.

“We are thrilled to have an executive with Tim’s experience in the auto finance industry join our board of directors,” says Michael Levison, CEO of Resolvion.  Levison continues “he has a long track record of helping companies develop a clear strategic vision and guiding it’s execution.  We expect that he will play a strong role as we seek to broaden our capabilities and continue to grow our business.”

“I am looking forward to working with the Resolvion leadership team to help build a truly outstanding service business.  With our recent merger with Del Mar, we are well positioned to become the industry leader,” stated Russi.

About Resolvion:

Resolvion was recently formed through the merger of ALS-Resolvion and Del Mar Recovery Solutions.  Resolvion is one of the nation’s leading loss mitigation management firms with a team of 450 associates serving a growing base of over 200 clients, including 40 of the top 50 auto finance providers.  The company services include recovery, skip tracing, license plate recognition, heavy equipment, impound and remarketing.  Resolvion, along with its 750 recovery agents, handle close to a million cases annually using our leading technology platform and a comprehensive compliance program including monitoring and training.  Our promise to our clients is simple — Better Results, Lower Risk.  Resolvion is headquartered in Atlanta GA with additional operations Carlsbad CA, Charlotte NC, Las Vegas NV, and Shelton CT. For more information, visit: www.resolvion.com.