Rocco J. Fabiano - Senior Advisor
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Rocco Fabiano is a former Group Executive for Household International (now HSBC North America), from which he retired in 2002. In this position, he oversaw Household’s private label credit card business, its automotive finance business and its tax-refund lending business as well as Household’s insurance operations. In his five years in this position, Mr. Fabiano’s businesses led Household in profitability growth, on an absolute basis as well as a percentage basis. Overall, he was responsible for 7,000 employees and $650 million in annual after-tax net income.
Mr. Fabiano has also founded three successful automotive finance businesses; Consumer Portfolio Services which went public in 1992; ACC Consumer Finance, which went public in 1995 and then sold to Household International in 1997; and ACC LLC, which was sold to CompuCredit in 2007. In addition, he has been the chairman of a commercial bank, a thrift retail banking executive, the chief operating officer of a mortgage company and a management consultant.
Mr. Fabiano is currently an Advisor to the President of CompuCredit, a Partner and Director in Red Mountain Ventures (ski area and a real estate developer in British Columbia), the Chairman and the majority shareholder of College Advance (private student lending), the Chairman of DigiTales Software (audio books) and a Partner in Del Mar Partners (investor in new vehicle franchises). He was an Ernst & Young/NASDAQ Entrepreneur of the Year for 1997 and is a former chapter chairman of the Young Presidents Organization. Mr. Fabiano holds an MBA from Cornell University as well as a BS in Genetics and an MS in Protein Chemistry from Colorado State University.