EFG

EFG Companies Expands Powerhouse Leadership Roster

Retrieved on: 
Tuesday, April 30, 2024

EFG Companies, recently named as a USA Today National Standard Top Employer, has added three senior executives with a combined 70+ years of experience in retail automotive sales and finance and insurance (F&I) management.

Key Points: 
  • EFG Companies, recently named as a USA Today National Standard Top Employer, has added three senior executives with a combined 70+ years of experience in retail automotive sales and finance and insurance (F&I) management.
  • (Graphic: Business Wire)
    “While retail automotive remains healthy in relation to profit potential, our clients face a new variety of complex issues that can be distracting and dilutive to the bottom line,” said Jennifer Rappaport, President and CEO of EFG Companies.
  • Prior to joining EFG, Gabe served as Vice President of Sales in the Dealership Division of Vehlo.
  • Prior to joining EFG, Brittany served in finance management and sales management roles for Ken Garff Porsche Audi, Young Automotive Group, and Jerry Seiner Buick GMC.

EFG Companies Shines Again with 2 Gold, 1 Silver and 1 Bronze Stevie Award Triumph!

Retrieved on: 
Thursday, April 18, 2024

EFG Companies is celebrating multiple wins at the 18th Annual Stevie® Awards for Sales and Customer Service, bringing home two Gold, one Silver, and one Bronze award.

Key Points: 
  • EFG Companies is celebrating multiple wins at the 18th Annual Stevie® Awards for Sales and Customer Service, bringing home two Gold, one Silver, and one Bronze award.
  • The Stevie Awards organizes nine of the world’s leading business awards programs, including the prestigious American Business Awards® and International Business Awards®.
  • View the full release here: https://www.businesswire.com/news/home/20240418441746/en/
    EFG Companies celebrates multiple wins at the 18th Annual Stevie® Awards for Sales and Customer Service, bringing home two Gold, one Silver, and one Bronze award.
  • With this latest awards sweep, EFG Companies has received 38 Stevie Awards over the past ten years.

EFG Companies Named to 2024 Top Workplaces Reflecting an Engaged Culture Focused on Delivering Value for Clients

Retrieved on: 
Thursday, March 21, 2024

Based on those survey results administered by Energage, LLC, USA Today, ranked EFG Companies as a national standard for culture and career opportunities.

Key Points: 
  • Based on those survey results administered by Energage, LLC, USA Today, ranked EFG Companies as a national standard for culture and career opportunities.
  • The Top Workplaces program has surveyed over 27 million employees nationally, spotlighting culture excellence across 60 regional markets.
  • EFG survey results were evaluated by comparing responses to carefully curated and continuously researched statements that predict high performance against industry benchmarks.
  • The leadership and the people are what makes it an easy decision to continue a career path at EFG.”

EFG Companies: Auto Dealers Win This Election Year Regardless of Outcome

Retrieved on: 
Tuesday, March 5, 2024

EFG Companies recommends retail automotive and powersports dealers and lenders focus on the overall strength of the economy and revenue generation opportunities during this election year.

Key Points: 
  • EFG Companies recommends retail automotive and powersports dealers and lenders focus on the overall strength of the economy and revenue generation opportunities during this election year.
  • View the full release here: https://www.businesswire.com/news/home/20240305213616/en/
    Research spanning between 1930 to 2023 shows that the U.S. economy has continued to grow regardless of who is in the White House.
  • “In times of change or uncertainty, it’s best to focus on controllable outcomes,” said Eric Fifield, Chief Revenue Officer with EFG Companies.
  • Regardless of the election year outcomes, dealers and lenders who focus on what’s in their purview will win.

EFG Companies: It’s Time for Retailers and Lenders to Get Back to Basics for a Successful 2024

Retrieved on: 
Tuesday, December 19, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231219017120/en/
    For 2024, EFG Companies recommends a 'return to the basics' to offset revenue headwinds driven by high interest rates, inflated vehicle pricing, and margin pressures.
  • Retail automotive and powersports leaders should focus on reinsurance positions, succession planning, and staff training to drive profitability from sales to service.
  • As dealers, lenders and agents enter 2024, these economic factors present opportunities to return to basics to generate profit.
  • EFG recommends dealers lean into proven F&I training with their teams while working more closely with lenders to complete good deals.

EFG Companies Launches Two New Marine Protection Products, and an Enhanced Powersports GAP Program

Retrieved on: 
Tuesday, November 28, 2023

As part of the company’s continued growth and commitment to the powersports space, EFG Companies announced the expansion of its marine product suite and a new GAP program.

Key Points: 
  • As part of the company’s continued growth and commitment to the powersports space, EFG Companies announced the expansion of its marine product suite and a new GAP program.
  • The products, combined with EFG’s nationally award-winning engagement model, increase dealership back-end margins in the face of decreasing consumer affordability.
  • View the full release here: https://www.businesswire.com/news/home/20231128443622/en/
    EFG Companies new marine and powersports protection products increase dealership back-end margins while giving consumers added confidence despite expensive repairs and uncertain economic times.
  • For more information, visit https://bit.ly/3QMOJm2
    EFG is extending its award-winning consumer debt protection product to the marine market.

Allbirds Announces Completion of First Two International Distributor Deals

Retrieved on: 
Tuesday, September 19, 2023

In-Sport Fashions Inc. has been appointed Allbirds’ exclusive Canadian distributor and EFG Corporation has been appointed Allbirds’ exclusive distributor in South Korea.

Key Points: 
  • In-Sport Fashions Inc. has been appointed Allbirds’ exclusive Canadian distributor and EFG Corporation has been appointed Allbirds’ exclusive distributor in South Korea.
  • The shift from a direct go-to-market model to a third-party distributor model is one of the key pillars under Allbirds’s Strategic Transformation Plan announced earlier this year.
  • “We are pleased to be delivering another material proof point under our Strategic Transformation Plan,” said Annie Mitchell, Chief Financial Officer of Allbirds.
  • Karine Laforest and Andrew Nelson, co-owners of In-Sport, said: “It is a pleasure to collaborate with Allbirds.

EFG Companies Grows Leadership Ranks Expanding Client F&I Revenue Generation and Wealth Creation

Retrieved on: 
Tuesday, August 8, 2023

EFG Companies has expanded its leadership team reflecting growth opportunities in powersports, dealership training, and profit participation programs.

Key Points: 
  • EFG Companies has expanded its leadership team reflecting growth opportunities in powersports, dealership training, and profit participation programs.
  • View the full release here: https://www.businesswire.com/news/home/20230808649267/en/
    EFG Companies has expanded its leadership team reflecting growth opportunities in powersports, dealership training, and profit participation programs.
  • (Photo: Business Wire)
    Areej Duval brings 24 years of reinsurance, financial operations, insurance, accounting, and auditing experience to her position as Vice President of Reinsurance at EFG Companies.
  • Areej also coordinates the funding of the EFG Insurance trust, financial statements, and the company’s year-end audit.

EFG Companies Ranks as a National Standard for Employee Engagement, Reflecting Company Vision and Delivering Value for Clients

Retrieved on: 
Tuesday, July 25, 2023

These statistics show a dramatic increase in companies returning to office environments regardless of employee wants or needs.

Key Points: 
  • These statistics show a dramatic increase in companies returning to office environments regardless of employee wants or needs.
  • As a result, EFG offers a more flexible work environment, with approximately 24 percent of employees working remotely 100 percent of the time.
  • Aside from work-life benefits for individual team members, this structure gives EFG the flexibility to employ people across the country.
  • “One thing about EFG is that the ability to quickly evolve is in our DNA,” said Jennifer Rappaport, Chief Operating Officer of EFG Companies.

Verde's Products Remove Carbon Dioxide From the Air

Retrieved on: 
Wednesday, July 19, 2023

The carbon dioxide (“CO2”) capture is inherent to the Products and is estimated at 120kg per tonne.

Key Points: 
  • The carbon dioxide (“CO2”) capture is inherent to the Products and is estimated at 120kg per tonne.
  • To evaluate Verde's Products, the Company engaged Professor David Manning Ph.D., who is a leading expert in ERW.
  • We are now devoting significant energy and resources to the Life Cycle Analysis, which will determine our products' carbon footprint - if there is any and how best to pursue monetization from potential carbon credits.
  • The Company will also determine how its Products can meet the requirements necessary to generate carbon credits.