MMP Capital announced the appointment of Michael Gaspar as its new Chief Financial Officer, effective immediately. A strategic move for the company, as it continues to expand its portfolio and enhance its financial operations.

Gaspar brings a highly specialized skill set and a distinguished record in finance, accounting and operations, making him a key addition to MMP Capital's executive team.

Prior to joining MMP Capital, Gaspar held pivotal roles at Price Waterhouse Cooper, where he solidified his foundation in finance, Global Securitization Services, GMAC Commercial Finance, and EVO Payments. His most recent role was as Chief Operating Officer and Chief Financial Officer at Expanse FT, where he was instrumental in driving financial strategy and operational efficiency.

"We are excited to have Michael Gaspar join MMP Capital," says John-Paul Smolenski, CEO of MMP Capital. "He complements our strong merit-based go-getter culture, and we believe his impressive reputation for execution and achieving results makes him the best person to lead our finance and operations initiatives."

James Siederman, Executive Vice President of MMP Capital, added, "Gaspar is a seasoned financial executive with a strong background in the small business lending market. We believe that he is particularly well-equipped to work with our senior executive team to help us return to systematic sales growth and gross margin improvement."