MOUNT LAUREL, N.J., Feb. 19, 2009 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (Nasdaq:MRLN) is pleased to announce the promotions of Ray Shilling to Vice President of Sales and Ron Queen to Vice President of Credit.
Mr. Shilling will continue to oversee the sales staff within the Office Equipment Group ("OEG") and recently assumed responsibility for Marlin's Asset Management Operations. Mr. Shilling joined Marlin in November of 2007 after spending sixteen years in the financial services industry including seven years at Advanta. He sits on the ELFA's small ticket council and is a graduate of Delaware Valley College where he earned a B.S., Business Administration degree.
"Ray's strong business leadership and leasing knowledge had a major impact on his channel's profitability and success in 2008," said Ed Siciliano, SVP and Chief Sales Officer at Marlin. "We look forward to a continued high level contribution as Ray's responsibilities grow," added Mr. Siciliano.
Mr. Queen's promotion to Vice President includes oversight and management of credit operations for Marlin's national retail channel group. Ron Queen joined Marlin in June 1998 after graduating from Hampton University in Virginia with a degree in Economics. Ron has been with the organization for 10 years, starting as an analyst and assuming roles of increasing responsibility. Most recently, Ron has served as the Director of Credit for OEG where he has been instrumental in making this group successful.
With this promotion, Ron will continue to oversee the OEG credit group and will take over the management of Credit for Marlin's national retail channel. "Ron has a proven track record of success at Marlin and his drive, integrity and leadership make him uniquely qualified for this expanded role," said Kerri O'Connor, SVP Chief Risk Officer at Marlin.
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 80 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.
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