Newtek Business Services Corp. (NASDAQ:NEWT) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET
Company Participants
Barry Sloane - Chairman, President and Chief Executive Officer
Nicholas Leger - Executive Vice President and Chief Accounting Officer
Conference Call Participants
Paul Johnson - Keefe, Bruyette & Woods, Inc.
Adam Morton - RBC Capital Markets, LLC
Operator
Good day. Thank you for standing by. Welcome to the Newtek Business Services Corporation Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that this conference is being recorded.
I would now like to turn the call over to your speaker today, Barry Sloane, President and CEO. Please go ahead.
Barry Sloane
Good morning, everybody, and greatly appreciate everyone attending our Q2 second quarter financial results conference call. I'd also like to welcome Nick Leger this morning to the call, who will be joining me. Nick is our Executive Vice President and Chief Accounting Officer. In addition, we have invited several Newtek executives to the call today in a listen-only mode. I'd like to introduce Nick Young, who was hired over a year-ago as Chief Risk Officer of Newtek Business Services Corp; John McCaffery, Executive Vice President of Finance, Newtek Business Services Corp; Kelvin Lui, Senior Vice President of Operations, Newtek Business Services Corp; and John Vivona, who just joined us this week as SVP of Risk Management, Newtek Business Services Corp. I point these four individuals out primarily because these will all be executives that will be joining the Newtek Bank subject to regulatory approval. Once, we subject to approval, complete the acquisition of National Bank of New York City.
Nick Young will become the President and Chief Operating Officer. John McCaffery who's been with us for about six months will be the Chief Financial Officer of Newtek Bank. Kelvin Lui will be the Chief Digital Officer of Newtek Bank. Kelvin has been with us a little over seven or eight months. And John Vivona, new recent hire will be joining us as Chief Compliance Officer. In addition, many of you are familiar with Peter Downs, who's been with Newtek for over 19 years will be maintaining his position as Chief Lending Officer. Peter is also President of Newtek Small Business Finance, and he'll be joining the bank. Jared Mills, who's the President of Newtek Technology Solutions, will be moving over as Chief Technology Officer of the bank as well.