Collection Agency CEO Wins Prestigious Entrepreneur Award

Chicago, IL – At the spectacular Grand Ballroom at Navy Pier, Jack Lavin, Arrow Financial Services? President/CEO, won Ernst & Young?s, Entrepreneur of the Year Award in the Financial Services category for Illinois. As Mr. Lavin humbly accepted the award, he wanted to be sure that this award was accepted on behalf of the Arrow team. In his speech he commented:

?If it weren?t for two of my business partners, my brother Ron Lavin and Brian Cutler (who has been with Arrow for 25 years) teaching me this industry, we wouldn?t be here today.? Jack continued by saying ?I must include my other business partner, Michael Valentino. Michael is our CFO, but he?s much more than that, he has made a profound impact on Arrow and is one of the major reasons for our success.?

Jack concluded, ?A particular thank you to another business partner, Parthenon Capital, based in San Francisco and Boston and all of the Arrow management team. And, of course, I cannot forget to thank my wife. Robin is involved in most of the major decisions and she never gets the recognition that she deserves.?

Mr. Lavin was a finalist for Entrepreneur of the Year in 2002. Arrow has been ranked by both the Crain?s (Chicago) and Inc. 500 Magazine?s (U.S.) fastest growing privately held companies two years in a row and has been assigned a Strong ranking by Standard & Poor’s as a Consumer Finance Special Servicer.

Arrow Financial Services LLC is a premier accounts receivable management firm with offices in Chicago, Wisconsin, San Diego, Maryland and New York with over 1,500 employees. Arrow has established a reputation as one of the most stable, service orientated, reliable and dynamic companies in the industry.

Jack Lavin participated in a panel discussion on the topic of debt purchasing held by CollectionIndustry.com a few months ago. To read the panel discussion and Jack Lavin’s bio, click here.