Medallion Financial Corp. announces leadership transition with Andrew Murstein as CEO.

Medallion Financial Corp. has announced a leadership transition, with Andrew Murstein appointed as Chief Executive Officer effective January 31, 2026. Andrew Murstein will continue to serve as President and Chief Operating Officer and will oversee the company's overall strategic direction. Alvin Murstein will serve as Executive Chairman. The transition is expected to enhance the company's leadership and drive its growth in the consumer and commercial lending industries.