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Primeritus Financial Services Announces first COO, Chris McGinness

PRESS RELEASE

Nashville, Tennessee – December 6, 2018 – Primeritus Financial Services today announced that Chris McGinness has been appointed its first Chief Operating Officer, effective immediately.  As Chief Operating Officer, Mr. McGinness’ responsibilities will be expanded to include all of Primeritus’ operating businesses.  Mr. McGinness will continue to report to Mike Thomas, Primeritus Financial Services Chief Executive Officer.

Mr. McGinness has more than 20 years combined leadership experience in business operations and has served in numerous senior management roles across the automotive services industry.  This promotion is part of the company’s commitment to ensure continuous improvement and acceleration of operational excellence.  As Chief Operating Officer, Mr. McGinness will have the responsibility to lead in the development and execution of a consolidated operations strategy across all of the Primeritus entities.

Announcing the appointment, Mr. Thomas said, “We are very pleased to announce Chris’ promotion to the position of Chief Operating Officer at Primeritus.  The Primeritus Family now encompasses five different companies, with over 1,500 clients and 750+ agency partners.  The demand for our services has grown significantly over the last few years and this role was created to help support our continued growth. As COO, Chris will oversee operations throughout the company and draw upon his more 20 years of operational and financial experience to drive performance.  We are fortunate to have Chris on our team and his promotion to COO recognizes the many contributions he has made to our company.”

Chris McGinness previously served as Senior Vice President of Operations at Primeritus.  Chris began his management career at ADESA, where he served as the controller prior to taking on the role of General Manager of their Sacramento auto auction. Chris’ management experience spans a variety of operational functions including remarketing, transportation, and repossessions.  Prior to entering private industry, Chris was a senior accountant with Perry-Smith, LLP, a large regional accounting firm in Sacramento.

About Primeritus Financial Services: Primeritus Financial Services is a national provider of repossession management, remarketing, titled services and skip tracing services to the auto finance industry in the U.S. and Puerto Rico.  Primeritus provides clients with value-added, outsourced repossession management, skip tracing and remarketing services, leveraging a national network of certified agents and unique investigative techniques to quickly and reliably secure customers’ collateral.  Through leadership, service and performance, Primeritus Financial Services offer the trifecta of repossession services:  locate, recover and remarket.  For more information, please visit www.primeritus.com.

Media Contact: Joe Mappes, EVP Service, Sales and Marketing

PRIMERITUS FINANCIAL SERVICES    1-(888) 833-42387

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