BOSTON–(Business enterprise WIRE)–Callodine Commercial Finance (“CCF” or the “Company”) these days announced that the Company’s existing Chief Economical Officer, Main Running Officer and Main Compliance Officer, Oz Avenue, will retire immediately after 15 decades of distinguished assistance with CCF and its predecessor corporations. CCF has employed industry veteran Stephen Rainville to thrive Mr. Road in his role.
“I want to just take the option to individually thank Oz for all that he has done for our business around the class of the past 10 years,” claimed Gene Martin, CEO of CCF. “He has been an instrumental member of our staff, and on behalf our complete firm, we want him the incredibly finest in retirement. We are psyched to welcome Steve to the business and search forward to the expertise and set of skills that he will bring to our escalating system.”
Mr. Rainville has above 17 decades of knowledge and joins CCF from Manulife Expenditure Administration, where by he most not too long ago held the situation of Controlling Director in the Personal Fairness and Credit history group and was dependable for the finance and operations purpose for the 1 of the firm’s private credit rating techniques. Mr. Rainville will start in June 2022 and will overlap with Mr. Road to facilitate the transition.
About Callodine Commercial Finance
Callodine Commercial Finance (“CCF”) is a provider of asset-based mostly loans to middle market providers in the U.S. and Western Europe. CCF serves as a complementary funding resource, filling a gap concerning in which conventional funds companies are snug lending and the cash a corporation requirements. CCF is a subsidiary of Callodine Team. For further information about the organization, make sure you check out Callodine’s web-site at www.callodine.com.