Financial Services >> CEO Interviews >> January 21, 2005

JACK LAVIN – ARROW FINANCIAL

JACK LAVIN, President and CEO has contributed to Arrow by bringing a wealth of experience from the U.S. and international capital markets, as well as significant general management experience. Since succeeding his father as President and CEO in 1997, Mr. Lavin initiated the growth of the portfolio acquisition side of the business, the establishment of the Whitewater and San Diego facilities and the Company's strategic growth from 200 to over 400 employees. Mr. Lavin has been very successful in growing and running a number of financial and consulting related businesses. He has had extensive experience in developing and implementing business plans, determining policies and strategies and recruiting and training new hires. Mr. Lavin spent seven years at Citibank head of its European treasury-consulting group for a two-year period. He managed 25 professional consultants and bankers and exceeded all profit targets. During his next three years at Drexel Burnham Lambert, he established and built the International Capital Markets Group with representation in New York, London and Tokyo into a $10 million global business. While at Bankers Trust, he headed and managed the derivative, capital markets and corporate finance business units in New York, London and Chicago. After leaving Bankers Trust, he devoted his time to Arrow and Technomic Consultants International. As President and significant investor/shareholder of Technomic, he was instrumental in arranging a strategic partnership with a major management-consulting firm. Mr. Lavin earned his bachelor's degree at the University of Wisconsin-Madison, an MBA in International Management from the American Graduate School of International Management (Thunderbird). Profile
TWST: What is Arrow Financial?

Mr. Lavin: Arrow Financial is a purchaser and servicer of consumer

loans. Generally speaking, as a third party we buy and service non-

performing,