OneMain Financial Welcomes Andrew D. Macdonald to Its Board of Directors

OneMain Financial, a prominent leader in providing nonprime customers with responsible access to credit, has recently announced the election of Andrew D. Macdonald to its Board of Directors. This strategic decision intends to further strengthen the company's mission of enhancing financial accessibility and well-being for hard-working Americans. Macdonald, who is currently the CEO of Consilio LLC, is recognized for his extensive expertise in legal technology solutions and enterprise legal services. His company has a significant reputation for providing innovative electronic discovery and risk management technology that supports corporations and law firms navigating complex investigations and litigations.

Chairman and CEO Doug Shulman expressed enthusiasm over Macdonald joining the board, emphasizing his successful history of building and selling companies and his ability to identify lucrative opportunities for revenue and profit growth. Shulman believes that Macdonald's background in leveraging technology and data science will significantly contribute to OneMain's performance and its dedication to improving the financial situations of its customers.

Macdonald comes to OneMain with a wealth of experience gained over several decades. He has served as the CEO of Consilio since 2012 and previously was a founding member at First Advantage Corporation, where he played a key role in developing a comprehensive suite of employment background screening and verification solutions. His leadership at First Advantage from 2003 until 2011, including the roles of President and CEO, laid the foundation for his reputation as a technology-driven business leader. Furthermore, his experience includes a tenure as the President of Occupational Health Services at First American Financial Corporation, where he oversaw significant developments in health services linked to employee support.

Educationally, Macdonald holds a degree in Finance from the prestigious Emory University’s Goizueta Business School, equipping him with robust financial knowledge that complements his real-world experience.

About OneMain Financial

Established to cater specifically to nonprime customers, OneMain Financial (NYSE: OMF) has ushered in a new era of financial accessibility. Their mission focuses on empowering individuals to overcome immediate financial challenges while laying the groundwork for a more secure financial future. With operations spanning 47 states and comprising approximately 1,300 locations, OneMain Financial is committed to delivering personalized financial solutions tailored to the unique needs of its clientele. Their dedication to making a positive impact in the communities they serve is evident in their efforts to help customers achieve financial stability and independence.

In addition to providing accessible credit options, OneMain is also dedicated to implementing responsible lending practices that ensure their customers benefit from their financial solutions without facing overwhelming debt. The appointment of Andrew D. Macdonald to the board represents a significant step forward in this mission, as his extensive experience in technology and business operations will enhance OneMain's capabilities in serving its customers effectively.

For further information, visit OneMain Financial.