New Jersey-based Sunlight Financial has appointed Matthew R. Potere CEO.
Potere is a 20-year veteran of the consumer finance industry with experience in home equity mortgage lending, unsecured lending and small business lending. Previously a senior vice president of Bank of America, he was responsible for a $90 billion home equity portfolio.
Sunlight also recently announced the closing of a series of investments, including capital from lead investor Tiger Infrastructure Partners and founding investor Hudson Clean Energy Partners. The investments will provide Sunlight with access to $300 million of capital.
‘We are delighted to add Matt to our experienced existing management team to lead Sunlight in the next phase of success as a stand-alone and independently capitalized entity,’ says Neil Z. Auerbach, founder and executive chairman of Sunlight.