ABS

J.G. Wentworth Family of Companies Hires New CFO

Published March 1, 2012 12:25 PM EST Updated March 1, 2012 11:26 PM EST 1 Min Read

JGWPT Holdings named Lior Yahalomi its new chief financial officer and executive vice president.

JGWPT is comprised of J.G. Wentworth, Radnor and Peachtree Financial Solutions. The subsidiary companies buy deferred payments from illiquid financial assets such as structured settlements and fixed annuities. Since 1992, JGWPT’s companies have purchased more than $7 billion of future payment obligations from consumers.

Before JGWPT, Yahalomi served as CFO and executive vice president of Vishay Intertechnology in Malvern, PA, a global electronics manufacturer with $2.7 billion in revenue and over 24,000 employees operating in 26 countries.

He led the company’s global finance, treasury, legal, investor relations and mergers and acquisitions activities. Previously, he served as Vishay’s senior vice president in charge of corporate mergers and acquisitions.

Yahalomi has also held management positions in finance, executive management and business development with companies such as GE Capital, CMGI@Ventures and Monitor Co.

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