FOA appoints new board members, including former US Senator
Andrew Essex, who describes the company as a leader in marketing and brand strategy, previously served CEO of Advertising Agency Droga5. The company wants to use its expertise in this area to get better contact with its core demographic and other trusted advisers within the sphere of influence.
“With decades of experience in media, communication and business stories, Essex gives a deep understanding of the involvement of consumers and brand positioning that will help FOA to continue to train and authorize pensioners,” the company said.
Cory Gardner is also a member of the FOA sign. He served as an American senator for Colorado from 2015 to 2021, and he also served earlier in the US House of Representatives And in the Colorado State House. Gardner’s experience in the government is expected to help FOA navigating in the current environment.
“With extensive experience in legislative matters, financial services and regulatory policy, Gardner will offer valuable insights into the developing financial landscape and help FOA in promoting relationships with policy makers and stakeholders in industry,” the company said.
Foa CEO Graham Fleming told Housing‘s Reverse MortGage Daily (RMD) that both appointments are expected to benefit the pursuit of the company of his business objectives.
“The additions of Andrew Essex and Cory Gardner to the board are exciting – which marks a new milestone in our industrial leadership,” said Fleming. “Their combined expertise in the field of brand growth, business transformation and public policy is of the highest levels and will play an important role in providing our mission.”
Brian Libman, chairman and founder of FOA, added that the appointments should help promote more focused efforts on the marketing and legislative fronts of the company.
“Andrew’s innovative marketing insight and cory’s deep understanding of public policy will play an important role because we continue to improve our offer and advocate for responsible financial solutions for older Americans,” Libman said in a statement.
Essex previously served as a senior advisor McKinsey & Co.and like a former CEO of Tribeca EnterprisesThat the annual Tribeca Film Festival organizes. He wrote a book, “The end of the advertisement: why it had to die and the creative resurrection that would come.” He was also co-author of three other books and served as a commentator for points of sale such as ABC And CNN.
Gardner was originally elected in the Senate during the 2014 interim elections, but he was defeated by former Colorado Gov. John Hickenlooper during the 2020 campaign.
He remained active in political advocacy during his career after the Senate, chairman of a political action committee (PAC) for Republicans, advising a national lobby company and serves as co-chairman of a Super PAC to support Senator Tim Scott (RS.C.) ‘Presidential campaign of 2024.
During his senate period, Gardner served on trade, science and transport; energy and natural resources; and committees for foreign relations.
According to Home Equity Conversion MortGage (HECM) approval data collected by Insight into the opposite market (RMI), FOA arranged as the number 2 inverted mortgage lender in the country with 5,893 loans in the 12 -month period ending on January 31.
