ICON Names Jeffrey Lisinicchia Its New CFOCFO

ICON Residential Lenders has announced that Jeffrey Lisinicchia, CPA, will join the firm as chief financial officer. He joins ICON after a successful career with Peak Corporate Network. He formerly worked at Greenlight Financial Services for many years as chief financial officer and GMAC Mortgage Corporation in various positions, including VP of finance of the DiTech division and CFO of its mortgage REIT. Lisinicchia has an exceptional track record for facilitating growth and instituting consolidated financial reporting practices providing accurate and timely results. "As ICON continues to expand and grow, Jeff, who has a proven record in financial planning and control will play a key part in our future success,” said Graham Fleming, president of ICON Residential Lenders. “We are pleased to welcome him to our executive committee.” Rushmore Loan Management Services recently signed an agreement to acquire ICON from Grand Bank NA. The transaction is expected to close in the fourth quarter of 2012 or the first quarter of 2013. Andrew Pollock, CEO of ICON, said, "Jeff is an outstanding professional with strong quantitative, analytical and technical accounting skills. With his experience and accomplishments, we are certain that he will be a great asset to ICON going forward.”