Resolvion Announces Strategic Leadership Changes

Charlotte, NC – October 25, 2021 – Resolvion, an industry leader in national repossession management, skiptracing, heavy equipment recovery, remarketing, license plate recognition, and specialty recovery, has announced a number of strategic leadership changes: Scott Darling, Chief Executive Officer; Jon Faulkner, Chief Financial Officer; Mike Levison, Vice Chairman.

Mr. Darling is responsible for overseeing the overall performance, growth and strategic direction of the company. He is based in the company’s Charlotte, NC corporate headquarters. Prior to his new role, Mr. Darling served as chief operating officer for Resolvion, and has over 20 years of operations leadership experience in consumer finance, including credit and collections roles at Capital One, Wells Fargo, PayPal and Time Warner Cable. He received his BS from Vanderbilt University and his MBA from the University of Chicago.

Mr. Faulkner will be responsible for overseeing all financial aspects of the company. He will also lead HR, Investor Relations, Legal and Compliance activities for the company. Mr. Faulkner will join Resolvion in early December, and will be based in the company’s Charlotte, NC corporate headquarters. Prior to joining Resolvion, Mr. Faulkner successfully served in senior finance, operations and strategy roles over the past 25+ years, including The Dixie Group (NASDAQ: DXYN), a $400 million floor covering company. He received his BS from the Georgia Institute of Technology, and his MBA from Harvard University.

Mr. Levison will be transitioning to Vice Chairman after 10 years as CEO. Mike has dedicated his career to the financial services and banking industry and looks forward to advising Resolvion in this role.

Scott Darling added, “I’m honored to succeed Mike Levison as our company CEO, and am excited about the opportunities in front of us. I am especially excited as part of my promotion to be welcoming Jon Faulkner onboard as our new CFO. Along with other key members of our executive team, these moves will help ensure sustained growth, profitability and client engagement for Resolvion.”

Mr. Faulkner added, “I am excited to be working with Scott and his team. He, Mike and others have built a high functioning operational team out of two great companies in one of the toughest periods in the industry. I have worked for over 25 years in operations as well as finance, and appreciate the need to drive performance across all business areas in order to create value for both our customers and shareholders.”

Joshua Elias, President of Resolvion commented, “The additions and promotions to our leadership team are significant as we remain focused on our commitment to our clients as we navigate through the recovery of our industry. All have vast experience and knowledge across all functions of our servicing platform that will serve our organization and customers well. We look forward to working with our clients and partners as we continue to expand our national repossession management platform.”