Advantage Funding announced it has named Mark Bonanno as Chief Finance Officer. A veteran finance professional with more than 25 years of experience, Bonanno assumes the position previously held by Al Damiani, who was named CEO of the company in December.

“Mark’s experience will provide significant benefits to us as we assimilate into Macquarie Group Limited and create strategic plans to accelerate Advantage Funding’s growth,” said Damiani.  “Mark will be a key member of our management team,” Damiani added.

Prior to his appointment at Advantage Funding, Bonanno served as Finance Manager in the Corporate Initiatives Group at GE Capital, where he provided strategic and analytical support for projects ranging from process-improvement programs to strategic business plans for new business proposals.

Before that he was CFO for Xerox Capital Services, a joint venture of General Electric Capital and Xerox.  In that capacity, Bonanno was responsible for all aspects of accounting, financial operations and strategic planning.  Previously, he served as Operational Controller for GE Energy Financial Services, where he helped build the finance infrastructure to support the growth of new business.

Bonanno is a graduate of the University of Massachusetts at Amherst, where he received his Bachelor of Business Administration degree. He is also licensed as a Certified Public Accountant in the state of New York.