THE J.G. WENTWORTH COMPANY (OTCMKTS:JGWE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02Departure of Directors of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 22, 2017, The J. G. Wentworth Company (the “Company”) determined to bifurcate the positions of interim principal financial officer and principal accounting officer, appointing Michael Shaw, vice president, corporate controller of the Company as the Company’s Chief Accounting Officer. Aikaterini (Katerina) Cozza, who previously served as both the interim principal financial officer and principal accounting officer, will continue to serve as the Company’s interim Chief Financial Officer.

Mr. Shaw, age 43, has, most recently, served as the Company’s vice president, corporate controller. Prior to joining the Company, Mr. Shaw served as vice president of accounting policy for Santander Bank N.A. from 2011 to 2015, one of the country’s top retail banks by deposits and a wholly owned subsidiary of Banco Santander, where he was responsible for the accounting policies and transaction advisory of the bank. Previously, Mr. Shaw was an assistant vice president of reporting compliance at Capmark Financial Group and an audit manager with Ernst & Young. Mr. Shaw is a Certified Public Accountant licensed in Pennsylvania, a Chartered Accountant in the United Kingdom and an Attorney. He received his Bachelor of Laws (LLB) and his Master of Business Administration from the University of Sheffield in the United Kingdom.

There are no family relationships between Mr. Shaw and any director or executive officer of the Company, and Mr. Shaw has no direct or indirect material interest in any transaction required to be disclosed to Item 404(a) of Regulation S-K.

About THE J.G. WENTWORTH COMPANY (OTCMKTS:JGWE)

The J.G. Wentworth Company is a diversified financial services company. The Company focuses on providing solutions to consumers in need of cash. The Company conducts its operations through two segments: Structured Settlements and Annuity Purchasing (Structured Settlements), and Home Lending. The Structured Settlements segment provides liquidity to individuals with various financial assets, such as structured settlements, annuities, and lottery winnings, by either purchasing these financial assets for a lump-sum payment, issuing installment obligations payable over time, or serving as a broker to other purchasers of those financial assets. The Home Lending segment is primarily engaged in retail lending, originating primarily Federal Housing Administration (FHA), Veterans Administration (VA) and conventional loans. The Structured Settlements segment operates with various brands, including J.G. Wentworth and Peachtree.

THE J.G. WENTWORTH COMPANY (OTCMKTS:JGWE) Recent Trading Information

THE J.G. WENTWORTH COMPANY (OTCMKTS:JGWE) closed its last trading session up +0.039 at 0.209 with shares trading hands.