NEW
YORK, Feb. 13, 2024 /PRNewswire/ -- OneMain
Holdings, Inc. (NYSE: OMF), the leader in offering nonprime
consumers responsible access to credit, today announced the
appointments of Jenny Osterhout as
the company's Chief Financial Officer (CFO) and Micah Conrad as the company's Chief Operating
Officer (COO), both effective March 31,
2024. Osterhout currently serves as the company's Chief
Strategy Officer, and Conrad currently is the company's CFO.
"Micah built a world class funding program and led disciplined
financial management of OneMain during a period of growth and
outstanding shareholder returns," said Doug
Shulman, OneMain's Chairman and Chief Executive Officer. "He
is an outstanding leader, and his long history with the company
gives him a deep knowledge of OneMain and the nonprime consumer. In
his new position he will continue to drive growth in our lending
products and expand the ways we interact with our customers."
"Since Jenny joined OneMain she has been a key leader as we have
evolved and matured the company, leading and executing a strategic
process that has resulted in the expansion of our franchise into
new products and channels, particularly credit cards and auto
finance," Shulman said. "Her extensive background and experience in
finance and strategy, along with her excellent track record as a
strategic, results-oriented leader, will allow OneMain to continue
to deliver industry-leading shareholder value."
Osterhout joined OneMain in January
2020 and has served as Chief Strategy Officer since
November 2020. Before joining the
company, she held a number of positions at BNY Mellon, including as
CFO of its $1.2 trillion Investment
Management Group, as well as Head of all BNY Corporate Development.
Before her time at BNY Mellon, Osterhout worked for seven years at
McKinsey & Company, including in its financial services
practice.
Conrad joined OneMain in 2013 and has served as the Company's
CFO since 2019. Prior to his time at OneMain, Conrad was a
managing director at Citigroup and served in a variety of senior
roles within Citi Holdings, Global Wealth Management and
Institutional Clients Group.
Conrad will succeed the company's current COO, Rajive Chadha, who will step down on
March 31, 2024, and transition to a
Senior Advisor role. "I want to thank Rajive for his many
contributions to OneMain at a time when the company transformed the
way it serves customers," Shulman said. "Rajive has been a valued
member of the executive team, and I wish him well in his transition
and future endeavors."
About OneMain Holdings, Inc.
OneMain Financial (NYSE:
OMF) is the leader in offering nonprime consumers responsible
access to credit and is dedicated to improving the financial
well-being of hardworking Americans. We empower our customers to
solve today's problems and reach a better financial future through
personalized solutions available online and in 1,400 locations
across 44 states. OneMain is committed to making a positive impact
on the people and the communities we serve. For additional
information, please visit www.OneMainFinancial.com.
Media Contact:
Kelly
Ogburn, 410-537-9028
Kelly.Ogburn@omf.com
Investor Contact:
Peter R.
Poillon, 212-359-2432
Peter.Poillon@omf.com
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SOURCE OneMain Holdings, Inc.