Ronald Chillemi has been appointed Chief Legal Officer (CLO) and Corporate Secretary of Figure Technology Solutions, Inc. (“Figure”). He will oversee the legal and compliance departments of the business in this capacity.
Chillemi has over 25 years of experience in government relations, compliance, and regulatory affairs from her time as a federal and state prosecutor, at top law firms, and in the fintech industry. Chillemi was Deputy General Counsel at Better, a mortgage lender, and General Counsel at Aven before coming to Figure. In addition, Chillemi worked as a partner at Robins Kaplan LLP, Deputy General Counsel, and Senior VP at Fanatics.
“We are thrilled to welcome Ron to our executive team. Throughout his career, Ron has built an exceptional track record, overseeing robust legal and compliance functions and helping to shape important state and federal legislative frameworks,” said Michael Tannenbaum, Chief Executive Officer of Figure. He continued, “In just a few years, Figure has become the number one non-bank HELOC provider, largely because the capital markets and regulators are supportive of our modern approach. Having a CLO of Ron’s caliber will be invaluable to Figure as we enter our most ambitious chapter yet.”
Earlier in his career, Chillemi worked as a prosecutor for seventeen years at three different levels of government: the Department of Justice as an Assistant United States Attorney, the Attorney General of New Jersey as a Division Director, and the Philadelphia, Pennsylvania, district attorney in his hometown. He was honored for his efforts on all fronts.
Chillemi graduated from Cornell Law School with a juris doctorate, the University of Pennsylvania with a bachelor’s degree, and the London School of Economics & Political Science with a master’s degree.
Chillemi stated, “I’m excited to join Figure because I’ve been impressed by the company on multiple levels – from the exceptional Board and management team to the technology that’s fueled its growth as the nation’s largest HELOC origination platform, to its capital markets prowess, to its innovative plans regarding the infrastructure of lending. I look forward to working with our team, partners, investors, regulators, and all stakeholders to build upon the company’s strong foundation and help take its capital markets ecosystem to new heights.”
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