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Stock impact report

Heritage Global Inc. Appoints Tom Ludwig as President of National Loan Exchange [Yahoo! Finance]

Heritage Global Inc. (HGBL) 
NASDAQ:AMEX Investor Relations: hginc.com
Company Research Source: Yahoo! Finance
specializing in financial and industrial asset transactions, today announced the promotion of Tom Ludwig to President of National Loan Exchange, Inc. ("NLEX"), a subsidiary of Heritage Global Inc. His appointment was approved at the Company's March board meeting in San Diego. Mr. Ludwig previously served as Compliance & Privacy Officer, Executive Vice President, and Counsel of NLEX. In his expanded role, he will oversee strategic direction, operations, and continued growth initiatives for NLEX, a leading loan sale advisor focused on charged-off and nonperforming asset portfolios. Mr. Ludwig brings nearly two decades of experience with NLEX, where he has held leadership roles spanning legal, compliance, operations, and corporate strategy. He has been involved in thousands of portfolio sales representing billions of dollars in face value and has played a key role in developing governance frameworks and operational infrastructure supporting the Company's marketplace platform. "Tom Show less Read more
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