On May 23, 2016, Marc Adelson tendered his resignation as Chief Credit Officer and Chief Operating Officer of Medallion Financial Corp. and President of the Company's asset based lending division, Medallion Business Credit, effective June 2, 2016. Mr. Adelson's responsibilities will be assumed on an interim basis by Andrew M. Murstein, President of the Company.
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- Medallion Financial Corp. Announces Executive Changes, Effective June 2, 2016