Michael Rizzo is a top senior business executive who entered the seminary to be a priest at the age of 54.
Link to the full story of Mike Rizzo: Older Seminarian Enrich the Priesthood and the Church
Below is his credentials published in LinkedIn.com:
A Senior Executive with 25 years experience, including management of major business units, legal affairs, compliance and operations. An innovative and enthusiastic leader who combines a detailed understanding of operations and legal issues with an appreciation of sales and business strategy. A prudent manager who manages risk while meeting established profitability and growth objectives. A hands-on leader with significant experience in merger and acquisition integration, portfolio management (loan workout, legal proceedings, etc.), as well as sales and operations reorganization. A management philosophy firmly rooted in developing strong customer and employee relationships.
Specialties:Equipment Leasing and Finance
Banking, Lending and Leasing Law
Strong Operations Background
March 2014 – Present (1 year 2 months)
September 2010 – February 2014 (3 years 6 months)
March 2007 – May 2009 (2 years 3 months)
Responsible for executive level management of three divisions concurrently:
Dealer Commercial Services Division – $2 Billion division specializing in providing flooring lines, real estate financing and banking services to over 300 auto, marine and recreational vehicle dealers. Provided management guidance in regard to budgeting, dealer underwriting, pricing, portfolio management, syndicated relationships, risk management (flooring audits, monthly financial statement review, collateral appraisals, etc.) and general banking products and services. Relationships ranged from exposures of $5 Million to $100 Million.
Small Business Administration Lending Division – $1.5 Billion division specializing in providing government guaranteed lending to small businesses throughout the United States. Provided management guidance in regard to budgeting, underwriting, portfolio management, operations and risk management. Relationships ranged from exposures of $250,000 to $5 Million.
Business Equipment Finance Group – $4.5 Billion division specializing in providing equipment loans and leases to small businesses throughout the United States. Provided management guidance in regard to budgeting, underwriting, portfolio management, and the development of financing solutions for Chrysler, Toshiba, Konica-Minolta, as well as numerous other “point of sale” financing programs for manufacturers and dealers. Relationships ranged from exposures of $10,000 to $1 Million.
October 2000 – January 2009 (8 years 4 months)
Responsible for the general management of subsidiary with approximately $4.5 Billion in assets, 180,000 contracts, >100,000 customers and >620 employees. Channels of business included vendors, brokers and bankers. In 2008, the company generated nearly $2.2 Billion in annual new lease volume, $260 Million in total annual revenue, and $167 Million in annual pre-tax income. Since 2000, new volume and assets more than tripled; both Pre-Provision and Pre-Tax profitability increased 400%.
August 1993 – September 2000 (7 years 2 months)
General Counsel and Senior Operations Officer
January 1996 – January 2000 (4 years 1 month)
Member Negotiation & Dispute Resolution
Business Law: Managing Business Relationships
August 1987 – June 1993 (5 years 11 months)
September 1984 – August 1987 (3 years)
Areas of practice included: commercial law (Sales and Secured Transactions); collections litigation; bankruptcy; contracts; labor, employment and discrimination; mass tort litigation; personal injury; and, trademark and patent infringement.
1981 – 1984
Activities and Societies: Moot Court Finalist
1977 – 1981