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to announce that Todd Rielly has joined its executive team as chief financial officer (CFO). Todd brings a high level of energy, an entrepreneurial track record of creating significant growth and a reputation as a reliable financial and operating executive to IPG. Todd has over eighteen years of experience primarily focused on national financial services and mortgage banking. His most recent experience was as President of a wholesale mortgage division for Wachovia Corporation where he led the organization to double digit revenue and earnings growth while achieving status as the only Bank division to receive "no issues" findings from Credit Risk, Compliance, Fair Lending, Internal Audit and the Office of the Comptroller of the Currency. Prior to this and for six years, Todd held dual roles as Chief Financial Officer and Senior Vice President, Capital Markets for Regions Bank's wholesale mortgage division in Charlotte, North Carolina where he was responsible for all financial and risk management areas of the company, including legal, compliance and quality assurance. He led the company's servicing and loss mitigation efforts and developed an exclusive model designed to analyze expected losses on loan portfolios and distressed assets under a bulk sale or individual basis. He also developed a best execution model for evaluating disposition alternatives for foreclosed and REO properties. As SVP of Capital Markets, Todd developed industry-leading secondary marketing best execution practices, including securitization and portfolio platforms, hedging and investor development. In addition, Todd has over eight years’ experience in public accounting, having served Bank of America as an audit manager with PricewaterhouseCoopers, where he specialized in FASB 140, consumer finance, ABS due diligence, leveraged finance and real estate. He has also provided support to one of the largest Resolution Trust Corporation takeovers of a savings and loan companies in history. He is a Certified Public Accountant and a member of the American Institute of CPAs and the Atlanta Chapter of the Association of Corporate Growth. Todd graduated with Great Distinction from Clarkson University receiving a Dual Bachelor of Science Degree in Finance, Accounting and Law. Todd is married and has four children. He enjoys golf, cooking & coaching lacrosse. About IPG Implantable Provider Group (IPG) works with commercial and workers compensation payors to develop market-based solutions that deliver tangible value to payors, manufacturers, providers and patients. The company's Implantable Device Management offerings improve quality, affordability and patient access to life-saving and life-enhancing medical device therapies. IPG focuses on large, fast-growth device intensive markets, such as cardiology, neurology and orthopedic implants. In 2008, Inc. Magazine ranked IPG as the sixth-fastest growing health care company in the country and the 138th fastest-growing overall. For more information about IPG, visit www.ipgsurgical.com.
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