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Regional Management Corp. Announces Addition Of Senior Director Of Human Resources Bill Stubbs To Executive Team

Regional Management Corp. (NYSE: RM), a diversified specialty consumer finance company, announced today the addition of Bill Stubbs to its executive team as Senior Director of Human Resources. In this key senior management role, he will be responsible for the overall leadership of the Human Resources function for Regional Management, including employee relations, management development, staffing, training, compensation, benefits, diversity and all HR generalist responsibilities. He will report directly to Chief Executive Officer Thomas Fortin.

“Regional Management has more than 800 employees nationwide and we are rapidly growing our workforce each month,” said Mr. Fortin. “With this addition to our executive team, Regional Management is investing in our Human Resources function to support our future growth and further deepen the strength of our branches. Bill brings 30 years of successful HR experience to Regional Management and I believe he is the right person to lead Regional Management in our Human Resources matters.”

“People affect outcomes,” added Mr. Stubbs. “How employees are managed makes a difference in financial performance. Building the processes and culture that successfully attracts, identifies, trains, develops and retains employees is crucial to the success and growth of a company. I'm very proud to be joining the dynamic and growing Regional Management team.”

Mr. Stubbs has an extensive background in Human Resources spanning 30 years, most recently as Senior Director of HR for BI-LO Supermarkets, a $3 billion chain with 206 locations and approximately 17,000 employees in 4 states, where he has worked since 1991. There, he founded the BI-LO School of Business which has twice won recognition from the Food Marketing Institute as a world-class development program that contributes to the bottom line. Additionally, he created and implemented numerous development and leadership programs and processes, which helped lead to reduced training expenses and improved customer satisfaction scores. Prior to his tenure at BI-LO, Mr. Stubbs successfully held a wide range of HR jobs for companies including Red Food Stores in Tennessee, Scrivner Wholesale in Oklahoma City, and K&B Drugs of New Orleans.

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