JG Wentworth Bolsters its Executive Team with a Key Leader

April 18, 2023

2 min

Megan Parzych has been promoted to Chief Customer Acquisition Officer

CHESTERBROOK, Pa., Apr. 18, 2023

Industry leading consumer financial services company JG Wentworth announces it has promoted Megan Parzych to Chief Customer Acquisition Officer. She reports to Randi Sellari, JG Wentworth’s CEO.

With the addition of this role, JG Wentworth adds invaluable experience to its leadership team. This comes at a time when the company is in the midst of a strategic multi-year brand expansion evolving from a single product company to offering a diverse suite of products. Building on over 25 years as a market leader in Structured Settlement Payment Purchasing, it launched Debt Resolution Services in late 2019, with plans to launch Personal Lending later this year. With these additions, JG Wentworth is expanding its addressable audience of customers significantly while giving more Americans the ability to positively impact their finances through the company’s highly rated services.

Going forward Parzych will oversee all aspects of customer acquisition, including channel performance, creative, and digital strategy. Parzych has led the department over the last two years to marked improvements in performance in its key metrics including customer acquisition cost across its business units and has grown the team substantially, in large part to support its launch into new products and as the company continues its digital evolution.

Parzych’s promotion leverages key pillars of this iconic American brand – its highly scalable direct-to-consumer business model, and a solid reputation built with the trust of our customers over the years. As the company pursues these additional opportunities, Parzych will be critical in creating efficiencies within its current marketing programs, while evolving the go to market strategy to support its future ventures.

“Meg’s team’s performance speaks for itself over the last few years. She has been instrumental in not only increasing the efficiency of the entire department, but also in expanding the team to support new businesses and channels. We look forward to leveraging her expertise as we launch into lending and continue to grow,” said Sellari.

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About JG Wentworth

Founded in 1991, JG Wentworth has helped hundreds of thousands of Americans take control of their financial futures. The company offers structured settlement and annuity payment purchasing, debt resolution, personal lending, home equity cashout, and a financial services marketplace — all designed to give customers access to the liquidity they need, when they need it. Headquartered in Chesterbrook, Pennsylvania, JG Wentworth holds an A+ rating from the Better Business Bureau and a 4.8-star rating on Trustpilot. The company is a multi-year recipient of both the Philadelphia Top Workplaces and USA Today Top Workplaces awards.

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The numbers we provide here are estimates based on some assumptions:

On your own:

Based on industry averages, we estimate a monthly compounding interest rate of 22.99% and that you are making a minimum payment that is 2.5% of your total debt.

JGW:

The length of your program is determined by your debt amount. Programs are between 24 and 60 months in length and average program length is around 42 months.

Savings amount is an estimate base on average customer savings on their monthly payment. Real results will vary and some customers will save more, less or not at all.

Disclaimer: The calculator on this web site is for estimation and educational purposes only. JG Wentworth makes no guarantees regarding its accuracy and specifically disclaims any and all liability arising from the use of this or any other calculator on this web site. Use at your own risk and verify all results with an appropriate financial professional before taking action. We are not registered investment advisers, attorneys, CPA’s or other financial service professionals and do not render legal, tax, accounting, investment advice or other professional services.

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