OneMain Financial Elects Andrew D. Macdonald to Board of Directors

Rhea-AI Summary

OneMain Financial, a leader in nonprime customer credit services, has announced the election of Andrew D. Macdonald to its Board of Directors, effective immediately. Macdonald currently serves as CEO of Consilio , a global legal technology solutions provider.

Macdonald brings extensive experience in technology and business growth, having previously served as President and CEO of First Advantage from 2003 to 2011, and President of Occupational Health Services at First American Financial He also led Employee Health Programs as President and CEO from 1990 to 2002.

Doug Shulman, Chairman and CEO of OneMain, highlighted Macdonald's track record in identifying revenue opportunities and leveraging technology and data science to drive business performance. Macdonald holds a Finance degree from Emory University's Goizueta Business School.

Positive

• Addition of experienced technology and growth-focused executive to the board
• New director brings expertise in data science and technology implementation
• Board member has proven track record in driving revenue and profitability growth

Negative

• None.

NEW YORK, March 17, 2025 /PRNewswire/ -- OneMain Financial, the leader in offering nonprime customers responsible access to credit, today announced that Andrew D. Macdonald was elected to its Board of Directors, effective immediately. Macdonald is the CEO of Consilio LLC, a global provider of legal technology solutions and enterprise legal services, including patented electronic discovery and risk management technology that empowers corporations and multinational law firms involved in investigations, regulatory reviews, litigation, and arbitration.

"We are delighted to welcome Andy to our Board," said Doug Shulman, Chairman and CEO of OneMain. "He has built and sold multiple companies and has a long track record of identifying and realizing significant revenue, profitability and growth opportunities. He has consistently used technology and data science to drive successful business performance. I look forward to working together to advance our mission of improving the financial well-being of hardworking Americans." 

Macdonald has been the CEO of Consilio since 2012. Prior to Consilio, Macdonald was a founding member of the management team of First Advantage Corporation, a global provider of employment background screening, identity, and verification solutions, where he served from 2003 through 2011, including as President and CEO. From 2002 until 2003, he was President of Occupational Health Services at First American Financial Corporation, a title insurance protection and settlement services provider. Macdonald joined First American in 2002 through the acquisition of Employee Health Programs, where he served as President and CEO from 1990 until 2002.

Macdonald received a degree in Finance from Emory University, Goizueta Business School.

About OneMain Financial

OneMain Financial (NYSE: OMF) is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. We empower our customers to solve today's problems and reach a better financial future through personalized solutions across 47 states, available online in in 1,300 locations. OneMain is committed to making a positive impact on the people and the communities we serve. For additional information, please visit www.OneMainFinancial.com.

Media Contact:
Kelly Ogburn
410-537-9028
kelly.ogburn@omf.com

Investor Contact:
Peter R. Poillon
212-359-2432
peter.poillon@omf.com

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SOURCE OneMain Holdings, Inc.

FAQ

Who is the newest board member appointed to OneMain Financial (OMF)?

Andrew D. Macdonald, current CEO of Consilio , was elected to OneMain Financial's Board of Directors in March 2025.

What is Andrew Macdonald's current role before joining OMF's board?

Andrew Macdonald serves as CEO of Consilio , a global provider of legal technology solutions and enterprise legal services.

What is Andrew Macdonald's previous executive experience before joining OMF?

He was CEO of First Advantage (2003-2011), President of Occupational Health Services at First American Financial, and CEO of Employee Health Programs (1990-2002).

How will Andrew Macdonald's expertise benefit OneMain Financial (OMF)?

His expertise in technology, data science, and track record in identifying revenue and growth opportunities will support OneMain's mission to improve financial well-being of hardworking Americans.