BOCA RATON, Fla.--(BUSINESS WIRE)--Veritas Financial Partners LLC (“Veritas”) today announced that Gary E. Jaggard has been appointed Chairman and Chief Executive Officer of the company, effective immediately. He previously served as Chief Credit Officer, and retains that title. Mark A. Sunshine has stepped down as Chairman and Chief Executive Officer.
Mr. Jaggard is ideally positioned to lead Veritas through its next phase. Over the course of his tenure as an executive at Veritas, Gary has been involved as a key decision maker on every major business initiative and has led its credit committee. He also brings a broad and deep knowledge of the company's operations, clients, industry and culture to his new roles.
Prior to joining Veritas in 2012, Mr. Jaggard was managing partner at Comvest Capital. He served as fund manager of two direct lending funds with combined assets under management of approximately $500 million. He has over three decades of experience in all aspects of asset-based lending, senior secured financings and asset management. "I am pleased to accept these new roles, and I am prepared to lead the management team and employees," said Jaggard.
About Veritas Financial Partners LLC
Veritas Financial Partners LLC is a leading national financial services firm that provides senior secured credit facilities to small and medium sized businesses. The company's loans are fully secured by collateral, including accounts receivable, inventory, equipment, other fixed assets and owner occupied commercial real estate.