LOS ANGELES, June 27, 2024 (VSNewsNetwork.com) - Lendistry has announced the appointment of Clark Wen as its new Chief Financial Officer (CFO). Wen joins the company following the departure of the previous CFO, Jeffrey J. Alfano.
Wen brings over 15 years of experience in consumer finance and small and medium-sized business (SMB) lending. Before joining Lendistry, he served as Managing Director at Crestline Investors, where he led private credit and preferred equity investments through Crestline’s opportunistic credit platform. Wen has also worked with Black Diamond Capital Management’s Private Equity Team and EY’s Corporate Finance Practice, and he has served on the Board of Directors at Ironhorse Funding and Foxpoint.
“I’m excited to join Lendistry where forward-thinking innovation and responsible execution are in balance,” said Wen. “As I move from the investment side to the operating side of consumer finance, I hope to play a transformative role within Lendistry’s leadership and for the small businesses and communities we serve.”
Lendistry’s CEO, Everett K. Sands, commented on the transition, stating: “Jeff leaves our company well-positioned to experience this change with minimal impact, and I thank him for his stellar work,” said Sands. “We chose Clark to elevate our capital raising strategy and support the next phase of our growth as we enter new industries in which small businesses and undercapitalized communities have lacked responsible lending partners for too long.”
For more information, visit www.lendistry.com.
Source: Lendistry via Newswire