Edward Siciliano is stepping down as executive vice president and chief operating officer of Marlin Business Services Corp., the Mount Laurel-based company announced Friday.
Siciliano is leaving to pursue personal interests, the provider of credit products and services to small businesses said in a statement.
“I have thoroughly enjoyed the last 10 years at Marlin, and it has been a privilege to serve as the company’s chief operating officer,” Siciliano said. “I will always cherish my friendships and personal relationships at Marlin and I truly believe the company has only scratched the surface of the tremendous opportunity that lies ahead. That said, I do feel the time has come for me to move on to the next phase of my career.”
Mark Scardigli, formerly senior vice president and leader of Marlin’s indirect sales team, will now serve in the newly created position of senior vice president and chief sales officer.
He will be responsible for leading the company’s overall origination activities, reporting to CEO and President Jeffrey Hilzinger.
“Mark has assumed increasing levels of responsibility in recent years, and this promotion reflects his current leadership role within Marlin’s sales organization,” Hilzinger said. “I look forward to continuing to work with him to capitalize on the many exciting opportunities we see, particularly as we continue to execute the Marlin 2.0 strategy to take the company to the next level of growth and profitability.”
Hilzinger said Siciliano’s departure is met “with mixed emotions.”
“His track record of success in each of the positions he has held at Marlin over the years is a testament to his talent and leadership abilities,” Hilzinger said. “I wish him all the best in his future endeavors.”