DebtX has announced that Bill Looney has been promoted to the position of president of U.S. loan sales. Looney, who was previously executive vice president of DebtX, will continue to be responsible for managing all of DebtX’s loan sale operations in the United States. Under Looney’s leadership, DebtX has grown from a start-up to one of the nation’s most active and liquid marketplace for whole loans.
“Bill’s promotion to president of U.S. loan sales reflects the outstanding job he has done over the years,” said DebtX CEO Kingsley Greenland. “Bill’s vision and stewardship will continue to guide DebtX as a market leader and innovator.”
Looney has more than 25 years of loan sale and lending experience, and has worked for DebtX since it was founded in 2000. Before joining DebtX, he was a founding partner in the Boston law firm of Looney, Cohen, Reagan & Aisenberg LLP, which specializes in representing banks and investment banks in commercial loan sales and other commercial transactions. Prior to that, Looney managed middle market corporate and commercial real estate lending and workouts at several Boston commercial banks. Looney earned a Bachelor of Arts degree from Harvard College and received his Juris Doctor from Suffolk University Law School.
For more information, visit www.debtx.com.