NEW YORK, Feb. 10, 2011 /PRNewswire/ -- It was announced today that Eric Modell will be appointed to the role of President of Modell Financial Inc. Founded in 1893, Modell Financial Inc. has become one of America's leading jewelry pawnbrokers. Over the years, Modell has extended hundreds of millions of dollars in loans to hundreds of thousands of consumers in the New York City area.
Modell Financial Inc. was established in 1893 and has been family owned and operated for four generations. For the last 40 years, Gerald Modell has maintained the high standards and professional values that his father and grandfather originally established. Gerald will remain active in the company, as he assumes the role of Chairman.
After working as a management consultant with PricewaterhouseCoopers, Eric joined Modell Financial Inc. 10 years ago. Today, he serves as a Director of the National Pawnbrokers Association and in 2010 was elected President of the Collateral Loanbrokers Association of New York. Additionally, Eric is the Treasurer of the 100 Year Association of New York, an elite organization of local businesses that have operated in New York for 100 years or more.
"I am grateful for the opportunity to continue the legacy that began with my great grandfather 118 years ago," said Eric Modell. "I look forward to maintaining the high standards that our customers have come to expect while continuing to help New Yorkers in their times of need."
ABOUT MODELL FINANCIAL INC.
Modell Financial Inc. was established in 1893 and has been family owned and operated for four generations. Modell offers collateral loans on diamond and gold jewelry and has extended millions of dollars in loans to hundreds of thousands of consumers in the New York City area. Today, Modell has eight locations in New York City. The company's mission is to provide fast, reliable, confidential, courteous service whenever the need arises.
SOURCE Modell Financial Inc.