Edsouth Announces Promotions

9/2/2003 


Knoxville, TN – Tony Hollin, Edsouth Chairman & CEO, has promoted Ron Gambill to president and Anne Rochester to vice president of the nonprofit student loan secondary market. Gambill and Rochester will assume additional responsibilities to better serve Edsouth’s industry partners and support management structure, in light of continuous growth.

Gambill joined Edsouth in July 2002 as senior vice president for government affairs and guarantee relations, representing the corporation in compliance and regulatory matters. He has served on Edsouth’s board of directors since the company’s inception in 1988. Prior to joining Edsouth, Gambill was executive director of the Tennessee Student Assistance Corporation (TSAC) for 18 years.

"Ron's experience at TSAC makes him an ideal person to represent Edsouth to schools, guarantors and lenders," says Hollin. "I look forward to working closely with him to expand education funding throughout Tennessee and the Southeast region."

Anne Rochester, Edsouth’s director of finance, has been promoted to vice president and will join Edsouth’s board of directors. Rochester is a CPA and has been with the company for 6 years. Prior to that, she was associated with Dennis Overton, CPA and Pershing & Yoakley, CPAs. A graduate of the University of Tennessee in Knoxville, Rochester is a member of the American Institute of Certified Public Accountants and the Tennessee Society of Certified Public Accountants.

"Anne has an in-depth understanding of financial markets and is an integral part of our management team," says Hollin. "Including the recent bond issuance, Edsouth bond proceeds are approaching $3 billion. Consequently, we have many more investors. Anne will be the liaison for investor communications and compliance."

Over the last five years, Edsouth has experienced an average annual growth rate of 33.2%. Gambill and Rochester will continue to enhance Edsouth's ability to serve schools and partner lenders to provide funding for higher education.


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Edsouth is a private, nonprofit corporation headquartered in Knoxville, Tennessee, serving as a secondary market for funding education loans. Since 1988 Edsouth has assisted nearly 700,000 students and families nationwide with over $3.2 billion in education loans.


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