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Guaranteed Rate Welcomes Back John Elias to its Management Team

CHICAGO, Dec. 17, 2015 (GLOBE NEWSWIRE) -- Guaranteed Rate, the eighth largest retail mortgage lender in the nation and an industry technology leader, announced today John Elias will join the management team as the chief revenue and strategy officer starting December 16, 2015.

"I'm thrilled to welcome John back to our management team as he was previously with Guaranteed Rate for 10 years and helped grow our business," said Victor Ciardelli, president and CEO of Guaranteed Rate. "He adds even more depth to our talented leadership team and we're excited for more growth in 2016."



reviously, Elias was the president of 1st Advantage Mortgage and an independent executive consultant in the financial services industry. Elias spent nearly 10 years at Guaranteed Rate, rising to executive vice president from 2003 – 2013. Elias is praised for his extensive insights in the financial and mortgage industries, along with his ability to grow and scale a business rapidly.

Elias will lead managers across the country to drive profitability, move into new markets and increase originations nationally at Guaranteed Rate.

More About Guaranteed Rate

Guaranteed Rate is the eighth largest retail mortgage lender in the United States. The company has become The Home Purchase Experts® by introducing the world's first Digital Mortgage and offering low rate, low fee mortgages through an easy-to-understand process and unparalleled customer service. Headquartered in Chicago with approximately 175 offices across the U.S. and licensed in all 50 states, Guaranteed Rate has helped hundreds of thousands of homeowners with approximately $80 billion in home purchase loans and refinances since 2000 and $10 billion in 2015 alone. Guaranteed Rate was ranked No. 1 in Scotsman Guide's Top Mortgage Lenders 2014 honors and was named one of Chicago's Top Workplaces by the Chicago Tribune in four of the past five years. In 2015, Guaranteed Rate won the Chicago's Coolest Company award by ChicagoInno and was recognized as one of Inc. 5000's Fastest Growing Companies in America. Visit guaranteedrate.com for more information.

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=38229

CONTACT: Molly Lynch Lynch Communications Group, LLC 773-505-9719 molly@lynchgrouponline.com

Source: Guaranteed Rate