Gerber Finance announced that Barry Karen joined the team as senior vice president. Barry will be responsible for covering the New York, New Jersey and mid-Atlantic region.
Prior to joining Gerber, Barry held senior positions with Fleet Bank, CIT and Israel Discount Bank focusing on asset-based loans and financial lending services to both public and privately held companies ensuring strong operations and growth.
Barry has more than 40 years’ experience with hundreds of companies in a wide range of industries including consumer products, apparel, manufacturing, distribution, wholesale, importing, real estate investment and financial lending. He currently is a member of the CFA and a board member of the New Jersey CFA chapter.
“We have known Barry for many years and feel privileged and honored that he has joined Gerber,” said Jennifer Palmer, president. “Barry brings a wealth of knowledge and experience that will add tremendous value to our portfolio as it grows. In particular, Barry’s experience in working with finance companies provides a unique perspective when evaluating credits. We also feel confident that due to Barry’s energy and enthusiasm he can help us expand our geographic footprint and introduce us to new and exciting opportunities.”