Investment company ""Chrysalis Holdings, LLC"":http://www.chrysalisholding.com/, has added a new face to its board of directors, recently appointing Rear Admiral Thomas C. Lynch to its membership. The 31-year Naval veteran boasts diverse experience in private equity investment, financial services, defense, and management of publicly and privately held companies, and Admiral Lynch will focus his board participation efforts toward Chrysalis' ""NewDay Financial, LLC"":http://www.newdayveterans.com/.[IMAGE]
Admiral Lynch is currently the managing director for ""The Musser Group"":http://www.mussergroup.com/, an affiliate of ""The Livingston Group"":http://www.livingstongroupdc.com/, in addition to acting as a managing director for ""Jones Lang LaSalle"":http://www.joneslanglasalle.com/Pages/Home.aspx. He also functions in directorship roles for various private and public entities including PRWT Services, Mikros Systems, Buckeye Insurance, the Armed Forces Benefit Association, Philadelphia Sports Congress, Philadelphia Convention and Visitors Bureau, the Catholic Leadership Institute, Economics Pennsylvania, and the USO World Board of Governors.
Following the conclusion of his three decade career with the Navy, Admiral Lynch joined ""Safeguard Scientifics"":http://www.safeguard.com/, operating as[COLUMN_BREAK]
the president and chief operating officer of ""CompuCom Systems"":http://www.compucom.com/Pages/defaultnew2010.aspx. In 2001, he teamed up with The Staubach Company, which later merged with Jones Lang LaSalle, where he held the role of senior vice president.
Director and chairman of the board for Chrysalis, Paul Thompson III, said of Admiral Lynch's addition, ""We are very proud that Tom Lynch has joined the Chrysalis board of directors. His business acumen and unsurpassed understanding of the needs of both service members and veterans are just two of the many reasons that we are extremely fortunate to have Tom on our team. Given the importance of NewDay Financial to our overall holdings and our focus on serving the home financing needs of veterans, we are honored that Tom has chosen to serve as a director.""
Rob Posner, CEO of NewDay Financial, echoed Thompson's positive statements, commenting, ""The addition of Tom to the board further strengthens our company's determination to grow and expand our leadership role in lending to veterans, while also supporting philanthropic initiatives for veterans.""
NewDay Financial targets VA, FHA, and reverse mortgage lending throughout the U.S., and the company is the exclusive provider of lending for ""Veterans of Foreign Wars"":http://www.vfw.org/ members. Chrysalis also possess other key holdings including ""LendingSpace Partners, LLC"":http://www.lendingspace.com/beta2011/, and ""Chrysalis Analytics, LLC"":http://www.canalytics.com/Success.htm.
Of his newest leadership position, Admiral Lynch said, ""I look forward to working with Chrysalis, as well as the NewDay Financial executive team, as these organizations continue to pursue growth opportunities and demonstrate an exceptional level of commitment to veterans who have served our country with honor. I am eager to contribute to the success of Chrysalis and NewDay, with a primary mission to provide home financing solutions to veterans.""├âÔÇÜ├é┬á