- Slice of Finance
- Posts
- Figure Appoints Ronald Chillemi as Chief Legal Officer
Figure Appoints Ronald Chillemi as Chief Legal Officer
Slice of Finance Team
10 Sep
Key Highlights:
Figure appoints Ronald Chillemi as Chief Legal Officer and Corporate Secretary.
Chillemi brings 25+ years of legal and compliance experience from fintech and legal sectors.
Previously served as General Counsel at Aven and Deputy General Counsel at Better.
Chillemi has a proven track record as a federal and state prosecutor.
Source (Business Wire)
Notable Quotes:
“We are thrilled to welcome Ron to our executive team. Throughout his career, Ron has built an exceptional track record, overseeing robust legal and compliance functions and helping to shape important state and federal legislative frameworks.”
“I’m excited to join Figure because I’ve been impressed by the company on multiple levels, from the exceptional Board and management team to the technology that’s fueled its growth as the nation’s largest HELOC origination platform.”
Our Take:
The appointment of Ronald Chillemi as Chief Legal Officer marks a strategic move by Figure Technology Solutions to strengthen its legal and compliance framework amid its rapid growth in the financial services industry. Chillemi’s extensive experience in fintech and government prosecution positions Figure to navigate complex regulatory landscapes more effectively. This leadership addition is crucial as Figure continues its expansion as a dominant non-bank provider of home equity lines of credit (HELOC) and pioneers innovative lending technologies.