Navigator Holdings Announces Forchi Chen as
Director of Risk Management
January 20, 2011 01:15 PM Eastern Time
ATLANTA--(EON: Enhanced Online News)--Navigator Holdings LLC (Navigator) President Bobby Lazenby
announced today the addition of Forchi Chen as Director of Risk Management. Prior to accepting the position with
Navigator, Chen was a vice president in Morgan Stanley’s Principal Transaction Group in the United States and
“Forchi has an outstanding pedigree and a wealth of knowledge related to consumer and transactional risk. He is
exactly the type of individual we sought to join our team,” said Lazenby. “In spite of a difficult economy, we had a
very good 2010, with a marked improvement in delinquency and increased sales volumes. With the addition of
Forchi, we expect to continue this trend throughout 2011,” Lazenby continued.
Navigator Holdings, a $50 million company, owns and operates several independent car dealerships in Atlanta and
Indiana, as well as a captive finance company, Navigator Holdings. Navigator dealerships specialize in selling
transportation and utility vehicles. In addition to selling cars and assisting consumers in obtaining financing through
normal financing channels, Navigator Acceptance Group specializes in providing financing directly to those
consumers with other than prime credit.
Art Greene, 702-807-6045