OneMain Holdings, Inc. Announces Termination of David P. Hogan from Advisory Role, Effective March 31, 2019
March 14, 2019 at 04:51 pm EDT
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On March 8, 2019, OneMain Holdings, Inc. advised David P. Hogan, who has been serving in an advisory role since November 2018, that it would be terminating his employment, effective as of March 31, 2019. Mr. Hogan will continue to serve in his advisory role until the Separation Date.
OneMain Holdings, Inc. is a financial service holding company. The Company provides personal loan products; offers credit cards; offers optional credit insurance and other; offers a customer-focused financial wellness program, and acquisitions and dispositions of assets and businesses. It provides origination, underwriting, and servicing of personal loans, primarily to nonprime customers. In addition, the Company offers two credit cards, BrightWay and BrightWay+, through a third-party bank partner. The Company offers optional credit insurance products, such as credit life insurance, which provides for payment to the lender of the finance receivable in the event of the borrowerâs death; credit disability insurance, which provides scheduled monthly loan payments to the lender during borrowerâs disability due to illness or injury, and credit involuntary unemployment insurance, which provides scheduled monthly loan payments to the lender during borrowerâs involuntary unemployment.