Gueterman Promoted to COO for Foundation Financial Group Affiliates

JACKSONVILLE, Fla., April 7, 2011 /PRNewswire/ -- After six years of demonstrating excellent leadership and performance while climbing Foundation Financial Group's ranks, David Gueterman will now serve as Foundation Financial Group's chief operating officer for the company's newly formed financial services affiliates.

As of April 1, Gueterman oversees Foundation Financial Group's insurance services, retirement services and tax services affiliate companies. The new ventures launched in January and complement Foundation Financial Group's core mortgage-lending business.

"I look forward to the challenge of growing Foundation Financial Group's family of additional companies and services," Gueterman said. "Our goal is to develop a comprehensive umbrella of fiscal products and services under the Foundation Financial Group brand."

Gueterman, a Jacksonville native, served in many capacities at Foundation Financial Group since joining the growing company in March 2005. He worked in the operations division at the company's Atlanta center, assisted in opening the Raleigh, N.C. center and returned to Jacksonville to run the area's local center. Until recently, Gueterman was the senior vice president and division general manager of Foundation Financial Group's largest division.

"David exemplifies the type of leadership that makes Foundation Financial Group great," said Mark W. Boyer, CEO of Foundation Financial Group. "He brings hard work, family values and integrity to everything he does. It's in his DNA. He's a natural leader, and his team thrives on his energy."

Photo: http://www.ereleases.com/pic/2011-David-Gueterman.jpg

About Foundation Financial Group

Foundation Financial Group, one of the nation's fastest-growing financial services companies, specializes in mortgage lending, property and casualty insurance, life insurance, retirement services, personal taxes and corporate tax services. Expanding in 2011, Foundation Financial Group operates six regional centers in Atlanta; Charlotte, N.C.; Jacksonville, Fla.; Raleigh, N.C.; Rochester, N.Y.; and Savannah, Ga. Foundation Financial Group maintains mortgage operations headquarters in Atlanta and executive headquarters in Jacksonville. Founded in 1998 in Atlanta, Foundation Financial Group offers mortgage refinancing and first-time buyer lending through traditional financing, as well as Federal Housing Administration and other government-backed home loan programs. Foundation Financial Group enjoys an industry-leading Federal Housing Administration compare ratio and an A+ rating from the Better Business Bureau, the highest accreditation the BBB gives. For more information, call 866-334-1001 or go to http://www.ffg.com.

Media Contact:

Eric Cravey
AXIA Public Relations for Foundation Financial Group
904-861-2141

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SOURCE Foundation Financial Group