Experienced Consumer Lending Executive brings
Expertise in Credit, Analytics and Operations
MISSISSAUGA, ON, May 23, 2024
/CNW/ - goeasy Ltd. (TSX: GSY), ("goeasy" or
the "Company"), one of Canada's leading consumer lenders
focused on delivering a full suite of financial services to
Canadians with non-prime credit, announced today the appointment of
Patrick Ens as President of its easyfinancial and easyhome
brands, effective July 1,
2024.
Patrick joins goeasy from a successful tenure with Capital One
Canada, where he acquired over 17 years of experience in consumer
credit. Most recently, Patrick served as President of Capital
One Canada, with responsibility for
the overall strategic direction and operations of the Canadian
business, while driving toward the goal of helping Canadians
succeed with credit. Prior to being appointed President in 2021,
Patrick held numerous other executive positions at Capital One,
within the marketing, risk and product functions, after beginning
his career there as a Business Analyst. Patrick obtained a Bachelor
of Commerce from Queen's University in 2006.
In this new role, Patrick will have full accountability over the
easyfinancial and easyhome brands, including easyfinancial's
direct-to-consumer lending products such as personal loans and home
equity lending. Patrick's appointment balances the organizational
structure with the role of Ali
Metel, who has served as President of the LendCare brand
since 2021, when it was acquired by goeasy. Under the LendCare
brand, Ali remains responsible for all indirect lending products,
including automotive financing and point-of-sale lending. Each
executive will be responsible for the operations and financial
performance of their respective brands and lending products,
reporting into Jason Mullins,
President and Chief Executive Officer of goeasy Ltd.
"Patrick's appointment is a significant milestone and signal of
goeasy's growth and evolution. Since opening our first
easyfinancial kiosk in 2006, to fill the gap between traditional
banks and high-cost payday loans, we have now acquired and
organically served over 1.4 million Canadians, with more than 50%
of our customers graduating back to prime credit after 36 months of
borrowing activity," said Jason
Mullins, goeasy's President and Chief Executive Officer,
"Patrick is an excellent fit to lead our easyfinancial business
through its next stage of growth and expansion. He brings the right
combination of business and financial acumen, analytical prowess,
strong leadership skills, and a deep understanding of the needs of
everyday Canadians. His addition to goeasy will further strengthen
our management team, as we continue our journey to become the
largest and best performing non-prime lender in Canada and beyond," Mr. Mullins concluded.
About goeasy
goeasy Ltd. is a Canadian company, headquartered
in Mississauga, Ontario, that
provides non-prime leasing and lending services through its
easyhome, easyfinancial and LendCare brands. Supported by over
2,500 employees, the Company offers a wide variety of financial
products and services including unsecured and secured instalment
loans, merchant financing through a variety of verticals and
lease-to-own merchandise. Customers can transact seamlessly through
an omnichannel model that includes online and mobile platforms,
over 400 locations across Canada, and point-of-sale financing
offered in the retail, powersports, automotive, home improvement
and healthcare verticals, through over 10,000 merchant partners
across Canada. Throughout the Company's history, it has acquired
and organically served approximately 1.4 million Canadians and
originated over $13.5 billion in
loans.
Accredited by the Better Business Bureau, goeasy is the proud
recipient of several awards in recognition of its exceptional
culture and continued business growth including 2024 Best
Workplaces™ in Financial Services & Insurance, Waterstone
Canada's Most Admired Corporate Cultures, ranking on the 2022
Report on Business Women Lead Here executive gender diversity
benchmark, placing on the Report on Business ranking of Canada's
Top Growing Companies, ranking on the TSX30, Greater Toronto Top
Employers Award and has been certified as a Great Place to Work®.
The Company is represented by a diverse group of team members from
over 78 nationalities who believe strongly in giving back to
communities in which it operates. To date, goeasy has raised and
donated over $5.6 million to support
its long-standing partnerships with BGC Canada and many other local
charities. In 2023, the Company announced a 3-year, $1.4 million commitment to BGC Canada's Food
Fund.
goeasy Ltd.'s. common shares are listed on the TSX under the
trading symbol "GSY". goeasy is rated BB- with a stable trend from
S&P and Ba3 with a stable trend from Moody's.
For more information about goeasy and our business units,
visit www.goeasy.com, www.easyfinancial.com,
www.lendcare.ca, www.easyhome.ca.
For further information contact:
Jason Mullins
President & Chief Executive Officer
(905) 272-2788
Farhan Ali Khan
Senior Vice President, Chief Corporate Development Officer
(905) 272-2788
SOURCE goeasy Ltd
