Larry G. Swets, Jr. has served as our Chief Executive Officer since November 2020 and as a member of our board of directors since November 2013. Mr. Swets has over 25 years of experience within financial services encompassing both non-executive and executive roles. Mr. Swets founded Itasca Financial LLC, an advisory and investment firm, in 2005 and has served as its managing member since inception. Mr. Swets also founded and is the President of Itasca Golf Managers, Inc., a management services and advisory firm focused on the real estate and hospitality industries, in August 2018. From April 2021 to December 2021, Mr. Swets served as Senior Advisor to Aldel Financial Inc. (NYSE: ADF), a special purpose acquisition company co-sponsored by Fundamental Global, which merged with Hagerty (NYSE: HGTY), a leading specialty insurance provider focused on the global automotive enthusiast market. Mr. Swets is a member of the board of directors of GreenFirst Forest Products Inc. (TSXV: GFP), a public company focused on investments in the forest products industry since June 2016; Harbor Custom Development, Inc. (Nasdaq: HCDI) since February 2020; Ballantyne Strong, Inc. (NYSE American: BTN) since October 2021; Insurance Income Strategies Ltd. since October 2017; Alexian Brothers Foundation since March 2018; and Unbounded Media Corporation since June 2019.
Previously, Mr. Swets served as a Director and Chief Executive Officer of FG New America Acquisition Corp. (NYSE: FGNA), a special purpose acquisition company which merged with OppFi Inc. (NYSE: OPFI), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, from July 2020 to July 2021. Mr. Swets served as Chief Executive Officer of GreenFirst Forest Products Inc. (TSXV: GFP) (formerly Itasca Capital Ltd.) from June 2016 to June 2021. Mr. Swets served as the Chief Executive Officer of Kingsway Financial Services Inc. (NYSE: KFS) from July 2010 to September 2018, including as its President from July 2010 to March 2017. He served as Chief Executive Officer and a director of 1347 Capital Corp., a special purpose acquisition company, from April 2014 to July 2016 when the company completed its initial business combination to form Limbach Holdings, Inc. (Nasdaq: LMB). He also previously served as a member of the board of directors of Limbach Holdings, Inc. (Nasdaq: LMB) from July 2016 to August 2021; Kingsway Financial Services Inc. (NYSE: KFS) from September 2013 to December 2018; Atlas Financial Holdings, Inc. (Nasdaq: AFH) from December 2010 to January 2018; FMG Acquisition Corp. (Nasdaq: FMGQ) from May 2007 to September 2008; United Insurance Holdings Corp. from 2008 to March 2012; and Risk Enterprise Management Ltd. from November 2007 to May 2012.
Prior to founding Itasca Financial LLC, Mr. Swets served as an insurance company executive and advisor, including the role of director of investments and fixed income portfolio manager for Lumbermens Mutual Casualty Company, formerly known as Kemper Insurance Companies. Mr. Swets began his career in insurance as an intern in the Kemper Scholar program in 1994. Mr. Swets earned a Master’s Degree in Finance from DePaul University in 1999 and a Bachelor’s Degree from Valparaiso University in 1997. He is a member of the Young Presidents’ Organization and holds the Chartered Financial Analyst (CFA) designation.
What is Larry G. Swets, Jr.'s net worth?
The estimated net worth of Larry G. Swets, Jr. is at least $26,400.00 as of September 15th, 2021. Mr. Swets, Jr. owns 10,000 shares of OppFi stock worth more than $26,400 as of April 25th. This net worth estimate does not reflect any other investments that Mr. Swets, Jr. may own. Learn More about Larry G. Swets, Jr.'s net worth.
How do I contact Larry G. Swets, Jr.?
Has Larry G. Swets, Jr. been buying or selling shares of OppFi?
Larry G. Swets, Jr. has not been actively trading shares of OppFi in the last ninety days. Most recently, on Wednesday, June 30th, Larry G. Swets, Jr. bought 20,000 shares of OppFi stock. The stock was acquired at an average cost of $11.48 per share, with a total value of $229,600.00. Following the completion of the transaction, the chief executive officer now directly owns 40,000 shares of the company's stock, valued at $459,200. Learn More on Larry G. Swets, Jr.'s trading history.
Are insiders buying or selling shares of OppFi?
In the last twelve months, OppFi insiders bought shares 19 times. They purchased a total of 65,364 shares worth more than $138,930.20. In the last twelve months, insiders at the sold shares 3 times. They sold a total of 22,446 shares worth more than $46,137.76. The most recent insider tranaction occured on November, 21st when insider Christopher J Mckay sold 886 shares worth more than $3,207.32. Insiders at OppFi own 87.2% of the company.
Learn More about insider trades at OppFi. Information on this page was last updated on 11/21/2023.
