Pathward Appoints Lawrence Ridgway as Managing Director of Business Development

Pathward has named Lawrence “Larry” Ridgway as managing director of business development. In this role, he will be in charge of originations and structure asset-based lending opportunities for lower-and middle-market companies across Illinois and the greater Chicago area.

Ridgway brings more than 30 years of senior secured lending experience. He most recently served as senior director at Mitsubishi Capital and has held business development, underwriting, and credit roles at Citizens Bank, U.S. Bank, Morgan Stanley, and GE Capital. He also co-founded Legacy Corporate Lending, where he served as COO.

He holds a BBA from Northeastern University in Boston, is a Chartered Financial Analyst, and participates actively in industry groups such as the Turnaround Management Association, Secured Finance Network, and the Association for Corporate Growth.

“Larry brings a wealth of experience and an established network to Pathward, and we are pleased to welcome him to our team,” Rich Flamang, senior managing director, business development for Pathward’s working capital solutions, said. “With his breadth of market knowledge paired with Pathward’s product offerings, we expect him to be a driving force to expanding our presence in the Chicagoland asset-based lending market.”