Phoenix American Companies Names Matthew P. Brooks As CEO
The Floridant/10268379

MIAMI, April 22, 2024 ~ Miami-based company Phoenix American Companies has announced the appointment of Matthew P. Brooks as their new Chief Executive Officer, effective May 1, 2024. This marks an important leadership transition for the premier provider of vehicle service contracts and related F&I products.

In his new role, Brooks expressed his commitment to building upon the solid foundation laid by his predecessors. He stated, "I am humbled and deeply honored to assume the role of CEO, particularly at a time of immense opportunity and challenge in our industry." Brooks also emphasized his dedication to honoring the legacy of founder Steve Brooks and leading the talented team towards continued growth and excellence.

Brooks has been with Phoenix American for 12 years, previously serving as General Counsel and Senior Vice President of Operations. During his tenure, he has played a crucial role in modernizing operations, exploring new markets, and implementing cutting-edge technology solutions to enhance client service and operational resilience. His forward-thinking approach and commitment to excellence have positioned him well to guide Phoenix American Companies into a new era of success and innovation.

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Before joining Phoenix American, Brooks had a successful legal career focused on the international insurance and reinsurance industry. He holds degrees from Duke University School of Law and Duke University's Fuqua School of Business. Interestingly, he began his career at Phoenix American as a teenager working summers in various departments.

Kathy Aponte, who has been serving as interim CEO since the unexpected passing of Steve Brooks, will continue in her role as CFO for Phoenix American Companies. The company expressed their gratitude for Aponte's steadfast leadership during this difficult time. In a statement, the board said, "We cannot thank Kathy enough for all of her dedication, loyalty, and leadership as our Interim CEO."

As CEO, Matthew Brooks will lead Phoenix American Companies with a clear vision for innovation, client service, and sustainable growth. He stated that the company's core principles of honesty, integrity, and prioritizing clients and customers will continue to guide them as they look towards the future. "We cannot wait for what our bright future holds," Brooks added.

This appointment marks an important milestone for Phoenix American Companies as they continue to operate as a privately owned and operated organization, staying true to their founder's legacy. With Matthew Brooks at the helm, the company is poised for continued success and growth in the years to come.
Filed Under: Business

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