Advantage Funding Names Bonanno New CFO

Mark Bonanno, CFO of
Advantage Funding Lake Success, N.Y. — Advantage Funding, one of the largest transportation finance firms in the U.S., named Mark Bonanno as its new CFO. 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. The company was also recently acquired by the Macquarie Group.

“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.”

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, where he 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.

Visit advantagefund.com for more information.

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