OppFi Inc. (OPFI) Appoints Manuel Chagas as COO, Shaun Smolarz as Head of Investor Relations

OppFi Inc. (NYSE: OPFI) ("OppFi” or the “Company”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced the appointments of Manuel (“Manny”) Chagas as Chief Operating Officer and Shaun Smolarz as Head of Investor Relations.

In his role as Chief Operating Officer, Chagas will manage OppFi's people team, operations functions, and banking partnerships to attain greater productivity as well as optimize employee and customer experiences.

“We are fortunate to add Manny to our senior leadership team,” said Todd Schwartz, Chief Executive Officer and Executive Chairman of OppFi. “He has an impressive track record of improving call center and digital platform customer interaction, driving loan origination volume, and realizing operational efficiencies. We believe Manny will help us enhance employee engagement, gain market share, and achieve stronger profitable growth.”

Prior to joining OppFi, Chagas spent eight years at Discover Financial Services in various leadership roles, which included managing product, marketing, and operations for its student loans business. Earlier in his career, he served as a consultant at McKinsey & Company and Accenture. Chagas earned his Master of Business Administration from the University of Chicago Booth School of Business, Master of Science from the London School of Economics and Political Science, and Bachelor of Arts from the University of California, Los Angeles.

In the newly created Head of Investor Relations position for OppFi, Smolarz will lead the strategy and execution of OppFi’s investor relations function, craft the Company’s story and financial communications, and strengthen its relationships with analysts and investors.

“Shaun is an accomplished capital markets professional in equity research, investment management, and investor relations,” continued Schwartz. “We believe his expertise will be invaluable to OppFi, as we seek to expand our analyst coverage and investor base. We are focused on maximizing value for all shareholders, and therefore we are committed to building a best-in-class investor relations program. We look forward to engaging with current and prospective investors more frequently, so that our growth strategy and competitive differentiation are clearly understood.”

Smolarz brings more than 10 years of capital markets experience to OppFi, including most recently as the portfolio manager for a family office. Previously, he served as a senior analyst on the buy-side at SkyTop Capital Management, an analyst on the sell-side at Sidoti & Company, and an executive at two investor relations firms. Smolarz began his career at Lehman Brothers in its capital markets analyst training program. He earned his Master of Business Administration with distinction from the Stephen M. Ross School of Business at the University of Michigan and Bachelor of Science cum laude from Northwestern University.

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