OppFi Appoints Founder Todd Schwartz as CEO, Updates 2021 Financial Outlook

OppFi Inc.

Todd Schwartz appointed CEO effective Feb 28, 2022; Neville Crawley resigns as CEO and director.
OppFi reaffirms 2021 revenue of $350-352M and raises adjusted net income outlook to $64-66M.
CFO Shiven Shah enters employment agreement with base salary $375,000 and target bonus 60%.
Adjusted EBITDA outlook lowered to $115-117M from prior $120-125M.
Ending receivables expected $335-338M, up from prior $315-325M.

item 2.02 item 7.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Neville Crawley

Director

OPFI · OppFi Inc.

Effective: 2022-02-28
Filed: February 28, 2022, 6:59 PM ET

Mr. Neville Crawley pursuant to which Mr. Crawley resigned as the Chief Executive Officer and a director of the Company, effective as of the Effective Date.

Departed

Neville Crawley

Chief Executive Officer

OPFI · OppFi Inc.

Effective: 2022-02-28
Successor: Todd G. Schwartz
Filed: February 28, 2022, 6:59 PM ET

Mr. Neville Crawley pursuant to which Mr. Crawley resigned as the Chief Executive Officer and a director of the Company, effective as of the Effective Date.

Appointed

Todd G. Schwartz

Chief Executive Officer

OPFI · OppFi Inc.

Effective: 2022-02-28
Filed: February 28, 2022, 6:59 PM ET

appointed Mr. Todd G. Schwartz as the Chief Executive Officer of the Company, effective February 28, 2022

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Neville Crawley resigned as Director at OppFi Inc..

Action: resigned
Role: Director

Exact text from the filing

Mr. Neville Crawley pursuant to which Mr. Crawley resigned as the Chief Executive Officer and a director of the Company, effective as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Neville Crawley resigned as Chief Executive Officer at OppFi Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Mr. Neville Crawley pursuant to which Mr. Crawley resigned as the Chief Executive Officer and a director of the Company, effective as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Todd G. Schwartz was appointed as Chief Executive Officer at OppFi Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

appointed Mr. Todd G. Schwartz as the Chief Executive Officer of the Company, effective February 28, 2022

View on SEC.gov

OppFi Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-055696

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.