Finance of America Establishes New Reporting Segments
Brings Focus to Company's Retirement Solutions Platform and Clarity to Strategic Vision
Finance of America Companies Inc. (NYSE:FOA) ("FOA" or the "Company") today announced changes to its financial reporting segments, effective for the quarter ended March 31, 2023, to more closely align with business strategy: Retirement Solutions, Portfolio Management and Corporate & Other.
"Our new reporting structure is a natural evolution of our business strategy, following a series of transformational actions over the past year to reshape the business into a modern retirement solutions platform," said Johan Gericke, CFO of Finance of America. "This new structure better aligns with our current bran