Collegiate Funding Services, Inc. Announces Additions to Senior Management Team
31 August 2005 - 3:30PM
PR Newswire (US)
FREDERICKSBURG, Va., Aug. 31 /PRNewswire-FirstCall/ -- Collegiate
Funding Services, Inc. (NASDAQ:CFSI) has announced the appointment
of several key senior managers. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050714/DCTH039LOGO ) Bently
Tong has joined CFS as vice president of credit risk management.
Tong's main objective is to lead the company's efforts towards
measuring and monitoring the credit quality and performance of CFS'
student loan portfolio with a heightened focus on private loans.
Prior to joining CFS, Tong was the senior credit manager/vice
president of risk management for The Student Loan Corp. Tong
contributes more than 16 years of credit management, risk-based
pricing and underwriting experience to CFS. Gary Tiedemann has
joined the company as vice president of investor relations.
Immediately prior to joining CFS, Tiedemann was employed for more
than five years with XM Radio as director of investor relations.
Tiedemann's main responsibilities will entail planning and
directing all aspects of the organization's investor relations
policies, objectives and initiatives, as well as maintaining
relationships between CFS and its shareholders, investment bankers
and analysts, and the general financial community. About Collegiate
Funding Services Collegiate Funding Services is a leading education
finance company dedicated to providing students and their families
with the practical advice and loan solutions they need to help
manage and pay for the cost of higher education. Collegiate Funding
Services also offers a comprehensive portfolio of education loan
products and services -- including loan origination, loan
servicing, and campus-based scholarship and affinity marketing
tools -- to the higher education community. As of June 30, 2005,
Collegiate Funding Services had facilitated the origination of more
than $20 billion in education loans; the company currently manages
almost $12 billion in student loans for more than 460,000
borrowers. For additional information, visit
http://www.cfsloans.com/ or call 1-888-423-7562.
http://www.newscom.com/cgi-bin/prnh/20050714/DCTH039LOGO
http://photoarchive.ap.org/ DATASOURCE: Collegiate Funding
Services, Inc. CONTACT: Ann Collier, Senior Vice President,
Corporate Communications, Phone: +1-540-368-5970, Fax:
+1-540-368-5963, , or Investors: Gary Tiedemann, Vice President,
Investor Relations, Phone: +1-540-735-1235, Fax: +1-540-735-1239, ,
both of Collegiate Funding Services, Inc. Web site:
http://www.cfsloans.com/
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