Pathward has appointed Lawrence “Larry” Ridgway as managing director, business development. In this position, Ridgway is responsible for originating and structuring asset-based transactions to lower and middle-market companies throughout Illinois and the Chicagoland area.
“Larry brings a wealth of experience and an established network to Pathward, and we are pleased to welcome him to our team,” Rich Flamang, senior managing director, business development for Pathward’s working capital solutions, said. “With his breadth of market knowledge paired with Pathward’s product offerings, we expect him to be a driving force to expanding our presence in the Chicagoland asset-based lending market.”
Ridgway brings more than 30 years of diversified senior secured lending experience to Pathward. Most recently, he was senior director at Mitsubishi Capital. He previously held business development, portfolio and underwriting, and credit positions at Citizens Bank, U.S. Bank, Morgan Stanley and GE Capital. Ridgway was also a co-founder and chief operating officer of Legacy Corporate Lending.
Ridgway holds a bachelor of business administration degree from Northeastern University in Boston and is a Chartered Financial Analyst. He is actively involved in industry associations, including Turnaround Management Association, Secured Finance Network and the Association for Corporate Growth.
