Rosenthal & Rosenthal, a factoring, asset-based lending and purchase order financing firm, named Peter Rosenthal and Ken Kleiner co-presidents of the company.

Since 2007, Kleiner has served as chief marketing officer and Rosenthal has served as president. The two joined the firm in 1998. As co-presidents, Rosenthal and Kleiner will guide the organization together and collaborate to continue to grow the firm’s reach and capabilities.

“Ken and I are not only family, we’re partners,” Rosenthal said. “We’ve worked closely with one another over the course of our careers to drive the strategic direction of the business, and I look forward to deepening our partnership in the years to come.”

“I’m so pleased to join Peter as co-president. My new role is very much a continuation of the way he and I have operated over the last several years,” Kleiner said. “I am excited about the direction of the firm and the many prospects we have on the horizon.”