CHERRY HILL, N.J. — Pelican Resource Group revealed Monday it is expanding its senior management team in an effort to keep pace with growth and fill key roles.

As the subprime and buy-here, pay-here lender continues a national rollout, new members of the executive team include Greg Maravilla, senior vice president and chief financial officer, and Mark Cochran, vice president of business development.

Highlighting the new roles in more detail, the company noted that Maravilla will lead the company’s finance, accounting and reporting functions.

The new senior VP and CFO brings more than 16 years of experience in financial service businesses to the company. In his most recent position before joining Pelican, he was VP of finance and accounting at ACC Consumer Finance, a subsidiary of Compucredit. 

Before that, he was a manager in the finance group at FICO, the publicly-traded originator of risk-based FICO credit scores and credit analytics.

Moving along, as the company’s new VP of business development, Cochran will lead the rollout of the recently announced bulk portfolio acquisition product and direct corporate business development activities, officials noted.

He brings a 20 year career in automotive and consumer finance to the table and has held sales management and leadership positions at numerous subprime automobile finance companies, including Regional Acceptance Corp., ACC Consumer Finance, HSBC, GE Capital and Franklin Capital Corp.

Prior to joining Pelican, Cochran was VP of marketing for Southside Financial Group.

According to the company, both executives will be based in Pelican’s recently expanded San Diego servicing facility.

Commenting on the new hires, Troy Cavallaro, president and chief executive officer of Pelican, said,  “Pelican’s success has enabled the company to attract and add talented industry professionals to our senior management team as we continue our expansion.

"Greg and Mark possess a wealth of industry expertise in their respective specialties and will provide an immediate impact to the company during this important growth stage," he added.

For more information about Pelican, contact Sean Borden at sean.borden@pelicanresourcegroup.com.