In Brief: Subprime Lender Hires Ex-Chase Executive

Southern Pacific Funding Corp. snared a former executive from the consumer finance unit of Chase Manhattan Corp.

J. Dwaine Rhea joined the subprime lender last week as executive vice president of operations, a slot similar to the one he had held at Chase Financial. Mr. Rhea, who also spent 15 years at GE Capital, reports to Bernard A. Guy, Southern Pacific's president.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER