The board of directors at Medallion Financial appointed Allan Tanenbaum as an independent director. This appointment expanded the board to nine members, six of which are independent directors. Tanenbaum will be a member of the Medallion’s compensation committee.

Previously, Tanenbaum had served as general counsel at AFC Enterprises, in addition to more than 30 years in private practice. Tanenbaum currently serves of Counsel at Taylor English, an Atlanta-based law firm, in their corporate and business practice group. In addition, he works as managing partner and general counsel of Equicorp Partners, a private equity and advisory firm he co-founded.

He also currently serves on the board of directors of DSW Shoe Warehouse, as well as on the boards of several other privately owned corporations.

“We are excited to have Allan join Medallion Financial’s Board of Directors,” said Andrew Murstein, president of Medallion. “Allan’s wealth of corporate governance and legal knowledge, and his deep experience working on various boards will be a significant value-add for Medallion and serves to further strengthen our board.”