RAMO Board of Directors announced the appointment of Jeremy Foti as their new CEO today. Foti has a history of building companies from the ground up, and his vision for Ramoil's future includes product expansion and an aggressive sales model. "Beginning with Americor Lending, Jeremy Foti has built an impressive track record," said Woo Kim, a member of the Ramoil Board of Directors.
Foti began Americor Lending Group in 2002 with four employees and grew it to be one of the largest mortgage brokerages in the United States. The company was worth over $100 million dollars and had 200 employees at its peak; he sold his interest and stepped down as President in 2007. Americor is one of several start-up companies Foti has built into multi-million dollar enterprises over the past several years. "My focus on product innovation, aggressive marketing, and a sales driven business plan have enabled my success," Foti said. "This is the proven foundational strategy that will make Ramoil Management a thriving success."
Foti plans to enact several organizational changes, product launches, and partnership synergies that will ensure solid development of the company. "I am committed to Ramoil Management becoming a leader of product development, and we will certainly take advantage of crossmarketing opportunities to further our reach into the social and pharmaceutical sectors of the business," Foti passionately related. "I am building the team that will bring this vision to fruition. We will hit the ground running." Foti has delivered his business plan to the Board and is in the process of transitioning his management team.
