CreditRiskMonitor announced that Lawrence Fensterstock, Senior Vice President and Chief Financial Officer, has informed the Board of Directors of his intention to retire effective June 30, 2020. To ensure an orderly transition, he will be resigning as Chief Financial Officer as of close of business on March 31, 2020. At its meeting held, the Board of Directors elected Steven Gargano as Senior Vice President and Chief Financial Officer effective April 1, 2020.

Mr. Gargano is an accomplished professional with over 20 years of experience who has previously served as both a Chief Financial Officer and a Risk Manager for such entities as the 1199 Pension and Benefit Funds, LUX Fund Technology & Solutions, Artivest Advisors, US Bancorp Fund Services, Mariner Investment Group and Gabelli Asset Management. He also worked, earlier in his career, at the international accounting firms Deloitte & Touche and Arthur Andersen.