OXFORD COMMERCIAL FINANCE TRANSITIONS TOP LEADERSHIP TO SUPPORT CONTINUED BUSINESS GROWTH AND EXPANSION [Yahoo! Finance]
OXFORD BANK CORP (OXBC)
Company Research
Source: Yahoo! Finance
OXFORD, Mich. Feb. 21, 2024 /PRNewswire/ -- Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank ("the Company"), is pleased to announce strategic leadership changes aimed at providing enhanced strategic direction and oversight as the company continues to expand and evolve. Current OCF President Mick Goik will transition to the role of Executive Chairman of the OCF Board of Directors to focus on strategic initiatives, while Steve Tomasello , SVP, National Sales Manager, will assume the position of President to drive operational excellence and growth. Launched in 2022, OCF specializes in providing business financing solutions to meet the working capital needs of small and mid-sized businesses nationwide. These leadership adjustments are designed to better reflect and support OCF's evolving business needs and growth trajectory. "Both Mick and Steve have played pivotal roles in OCF's exceptional growth and performance," says Oxford Bank Chairman, CEO and President David Lamb
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