SOURCE: Oak Street Funding

Oak Street Funding

January 25, 2012 09:35 ET

Oak Street Funding Adds Senior Industry Veteran Todd Gray

Oak Street Funding Expands Leadership Roles to Meet Increasing Demand

INDIANAPOLIS, IN--(Marketwire - Jan 25, 2012) - Oak Street Funding (www.oakstreetfunding.com), the nation's leading commission-based lender for insurance professionals, has appointed W. Todd Gray as Chief Financial Officer. Gray will lead the finance and underwriting groups at Oak Street Funding and will assist with strategic partnerships and acquisitions that position the company for future growth, according to Oak Street Funding President and CEO Rick Dennen.

Gray brings to Oak Street Funding more than 20 years of senior executive experience in strategic leadership, financial management, and mergers and acquisitions. Gray also has significant experience in design, maintenance and oversight of accounting processes and controls, external financial reporting, investor relations, tax, reinsurance, investment strategy and treasury-related matters.

Prior to joining Oak Street Funding, Gray held a variety of senior management positions at The Midland Company/American Modern Insurance Group in Cincinnati, including president, head of personal & commercial lines, executive vice president and CFO. Prior to Midland, Gray was with Deloitte & Touche, LLP. He received his bachelor's degree in accounting from Indiana University and is a Certified Public Accountant.

"I am pleased to have Todd join our team. His finance experience and insurance knowledge will be instrumental in meeting our short and long-term goals to be the dominate capital provider to the insurance industry," said Dennen. "The addition of Todd demonstrates Oak Street Funding's focus on having the best people leading the business."

About Oak Street Funding
Carmel, Ind.-based Oak Street Funding (www.oakstreetfunding.com) is a family of diversified financial services companies that offers commission-based commercial financing exclusively for insurance professionals and third-party loan servicing for financial institutions. Oak Street Funding utilizes industry knowledge, proprietary technology and passion to deliver top-quality service and capital products to insurance and finance professionals nationwide. Oak Street Funding can be found on Twitter @OSFunding and on Facebook at www.facebook.com/OSFunding. Additional information is available at www.oakstreetfunding.com or by calling 1-866-OAK FUND.

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