MOUNT LAUREL, N.J., Aug. 19, 2008 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (Nasdaq:MRLN) is pleased to announce the hiring of Kerri O'Connor as Chief Risk Officer and Senior Vice President of Risk Analytics & Underwriting. Kerri joins Marlin from The CIT Group, where she spent the last 12 years in a variety of senior credit positions. Kerri most recently served as Chief Credit Officer of CIT Small Business Lending, a nationwide lender with $3.5 billion in assets under management. Kerri brings more than 25 years experience in the Financial Services industry having worked for companies such as Wells Fargo Bank as Vice President and Manager and First Security Bank of Utah.
"We are very excited to have Kerri join the Marlin team in the newly created role of Chief Risk Officer," said George D. Pelose, Marlin's Chief Operating Officer. "Kerri's vast experience and knowledge in the small business lending arena, her portfolio analytics capabilities and her strong management and mentoring skills will be tremendous assets to our organization. Adding someone of Kerri's caliber to the team will greatly enhance Marlin's already strong credit culture."
About Marlin Business Services Corp.
Marlin Business Services Corp. is a nationwide provider of equipment leasing and working capital solutions primarily to small businesses. The Company's principal operating subsidiary, Marlin Leasing Corporation, finances over 70 equipment categories in a segment of the market generally referred to as "small-ticket" leasing (i.e. leasing transactions less than $250,000). The Company was founded in 1997 and completed its initial public offering of common stock on November 12, 2003. In addition to its executive offices in Mount Laurel, NJ, Marlin has regional offices in or near Atlanta, Chicago, Denver, Philadelphia and Salt Lake City. For more information, visit www.marlincorp.com or call toll free at (888) 479-9111.
The Marlin Business Services Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4087