New York, NY - GSG Financial LLC, the leading source for flexible equipment financing solutions, announced today the promotion of Walter Stranzl to Chief Financial Officer/Chief Risk Officer.  Mr. Stranzl is responsible for the alignment of the finance and credit functions across the organization, including GSG Vendor Finance and GSG Financial of Puerto Rico.  Mr. Stranzl reports to Andrew A. Bender, Chief Executive Officer.  In his expanded role, Stranzl will continue to build out the finance and accounting team while enhancing the Company’s robust funding strategy and platform.

“Walter is an outstanding leader both at GSG and in the equipment finance industry,” said Mr. Bender. “We’re pleased to have someone with his expertise to oversee this critically important stage in our development.”

Stranzl became involved with GSG as a consultant and interim CFO in May 2012 and was appointed CFO in May 2013.   He has worked to build out the finance and accounting systems the Company has needed to sustain rapid growth.  Prior to joining GSG, he was the Controller and subsequently CFO at Jacom Computer Services and CFO at JTA Leasing Company, LLC, both independent lessors specializing in technology equipment financing. He has also served as President of IMM Leasing, LLC. Stranzl received his BBA from Iona College.