ALEXANDRIA, Va. – Oxford Finance LLC announced a management succession plan, appointing Timothy A. Lex as President and Chief Executive Officer, while J. Alden Philbrick, IV, the company’s founder and long-serving CEO, transitions to the role of Executive Chairman and remains Chairman of the Board.
Experienced Leadership for Oxford’s Next Growth Phase
Lex, who has been with Oxford since 2007, previously served as Chief Operating Officer and has been a board member since 2016. He will continue to serve alongside Philbrick as Oxford enters its next phase of strategic growth and expansion.
Alden Philbrick, IV, Executive Chairman, stated:
“I am excited to step into the role of Executive Chairman and to continue providing strategic guidance to Oxford’s leadership team. I have worked with Tim Lex for almost 20 years and have full confidence in his ability to lead Oxford toward continued growth and success.”
Timothy A. Lex, CEO of Oxford Finance, added:
“I am honored to be named Chief Executive Officer and look forward to expanding the Oxford platform while maintaining the credit discipline and success the Company has achieved over the past two decades.”
This leadership transition reinforces Oxford Finance’s commitment to long-term stability and strategic growth, ensuring continued support for its healthcare and life sciences clients with flexible and innovative capital solutions.
