The provider of repossession management, skip-tracing, heavy equipment recovery, remarketing, license plate recognition and specialty recovery said the strategic leadership changes involve:
— Scott Darling, who now is chief executive officer
— Jon Faulkner, who now is chief financial officer
— Mike Levison, who now is vice chairman
Darling now is responsible for overseeing the overall performance, growth and strategic direction of the company. Darling — who is among the 140 executive and experts set to appear during Used Car Week beginning on Nov. 15 in Las Vegas — is based in the Resolvion’s corporate headquarters in Charlotte, N.C.
Prior to his new role, Darling served as chief operating officer for Resolvion. He has more than 20 years of operations leadership experience in consumer finance, including credit and collections roles at Capital One, Wells Fargo, PayPal and Time Warner Cable.
Meanwhile, Resolvion said Faulkner will be responsible for overseeing all financial aspects of the company. He also will lead HR, investor relations, legal and compliance activities.
Faulkner will join Resolvion in early December, and also will be based in the company’s Charlotte corporate headquarters.
Prior to joining Resolvion, Faulkner successfully served in senior finance, operations and strategy roles during the past 25 years, including The Dixie Group, a $400 million floorcovering company.
Furthermore, Resolvion said Levison will be transitioning to vice chairman after 10 years as CEO. Resolvion highlighted Levison has dedicated his career to the financial services and banking industries and looks forward to advising Resolvion in this role.
“I’m honored to succeed Mike Levison as our company CEO, and am excited about the opportunities in front of us,” Darling said in a news release. “I am especially excited as part of my promotion to be welcoming Jon Faulkner onboard as our new CFO.
“Along with other key members of our executive team, these moves will help ensure sustained growth, profitability and client engagement for Resolvion,” Darling added.
Faulkner shared his perspectives about joining Resolvion.
“I am excited to be working with Scott and his team. He, Mike and others have built a high functioning operational team out of two great companies in one of the toughest periods in the industry,” Faulkner said.
“I have worked for over 25 years in operations as well as finance, and appreciate the need to drive performance across all business areas in order to create value for both our customers and shareholders,” he went on to say.
Finally, Resolvion president Joshua Elias described what the reshaped executive team means for company clients.
“The additions and promotions to our leadership team are significant as we remain focused on our commitment to our clients as we navigate through the recovery of our industry,” Elias said.
“All have vast experience and knowledge across all functions of our servicing platform that will serve our organization and customers well,” he continued. “We look forward to working with our clients and partners as we continue to expand our national repossession management platform.”