Financial Services >> CEO Interviews >> November 29, 2004
JAMES T. SARTAIN is President and Chief Executive Officer of FirstCity
Financial Corporation in Waco, Texas. Mr. Sartain began his career in
Texas commercial banking in 1971 before joining FirstCity Financial
Corporation (then J-Hawk Corporation) in July 1988. FirstCity is a
diversified financial services company headquartered in Waco, Texas,
with offices in the United States, Europe and Latin America. The company
began operating in 1986 as a specialty financial services company
focused on acquiring and resolving distressed loans and other assets.
Today the company is engaged in two principal businesses: the portfolio
acquisitions & resolution business and consumer lending. Mr. Sartain has
served on various civic boards and committees and remains active in the
Waco community. He has been awarded lifetime membership status in the
Waco Chamber of Commerce and is currently serving on the Board of
Directors of the Baylor Lettermen's Association, the Heart O'Texas Fair
and Rodeo, and the Advisory Board of the Hankamer School of Business at
Baylor University. Mr. Sartain holds a BBA degree from Baylor
University, as well as a degree from the Graduate School of Banking of
the South at Louisiana State University, where he also serves as an
instructor. Profile
picture of the things you are doing now?
Mr. Sartain: FirstCity is a company that started in the distressed
