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William R. Keenan and David J. Zuidema Appointed Senior Vice Presidents at PHH Arval

November 29, 2006 - Press Release

George J. Kilroy, president and CEO of PHH Arval, a subsidiary of PHH Corporation, announced the appointments of two new senior vice presidents: William R. Keenan, senior vice president, finance, and David J. Zuidema, senior vice president and chief information officer. Both are members of the company’s senior leadership team and report directly to Kilroy.William R. Keenan, senior vice president, finance, is responsible for the financial operations of PHH Arval in both the United States and Canada. He joined PHH Arval in August 2006 as vice president of finance and brings extensive experience to his role. Keenan has nearly 24 years of experience in all areas of accounting and finance, including financial analysis and management, budget preparation, and administration. Most recently, he owned his own consulting practice providing consulting services to the Sarbanes-Oxley Act, financial management solutions, and forensic accounting. He has also worked for Group Practice Services Corporation, Brandywine Health System, and PriceWaterhouseCoopers. Keenan is a certified public accountant in the state of Pennsylvania and holds a B.S. in accounting from Widener University and an M.B.A. from Pennsylvania State University.David J. Zuidema, senior vice president and chief information officer, is responsible for PHH Arval’s Information Technology Services division. He joined PHH in 1981 after working in strategic planning at Arthur Andersen Consulting. His career at PHH Arval has encompassed a wide variety of key leadership roles, including information services, marketing, product management, business process reengineering, business development, and operations. Promoted to vice president in 1999, Zuidema has been a strong advocate for forward-thinking technology advancements. Most recently Zuidema led the company’s innovative moves into predictive modeling. He is a graduate of Franklin & Marshall College, with an M.B.A. from Duke University.About PHH Arval
PHH Arval is the second-largest fleet management services provider in the United States and Canada combined. PHH Arval provides outsourced fleet management solutions to corporate clients, including nearly one-third of the Fortune 500 companies, and government agencies. Through consultative expertise, flexible customer service, and award-winning Internet technology, PHH Arval helps clients reduce costs and increase productivity. For more information, visit www.phharval.com, or call 800 ONLY PHH.About PHH CorporationHeadquartered in Mount Laurel, New Jersey, PHH Corporation is a leading outsource provider of mortgage and vehicle fleet management services. Its subsidiary PHH Mortgage is one of the top ten retail originators of residential mortgages in the United States, and its subsidiary PHH Arval is the second-largest fleet management services provider in the United States and Canada combined3. For additional information on the company and its subsidiaries, please visit www.phh.com.
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