Anthony J. Santilli

ANTHONY J.
SANTILLI is the Company's Chairman, President, Chief Executive Officer and Chief Operating Officer.
He has held these positions since early 1993 when the Company became the parent company of American Business Credit, Inc. He has been an executive officer of American Business Credit, Inc. since June 1988 and of each of the other subsidiaries of the Company since their formation.
Prior to the founding of American Business Credit, Inc. in 1988, Mr. Santilli was Vice President and Department Head of the Philadelphia Savings Fund Society, a savings association, referred to as PSFS in this document.
As such, Mr. Santilli was responsible for PSFS' commercial relationships with small and middle market business customers.
Mr. Santilli also served as the Secretary of PSFS' Asset/Liability Committee from May 1983 to June 1985 and as the Secretary of PSFS' Policy Committee from June 1986 to June 1987.
Mr. Santilli is the husband of Beverly Santilli.