Fora Financial Welcomes John Egerman as New Chief Financial Officer
Fora Financial Appoints John Egerman as Chief Financial Officer
Fora Financial, a prominent provider of flexible financing solutions tailored for small to medium-sized businesses across the United States, has made an important addition to its leadership team by appointing John Egerman as their new Chief Financial Officer. Mr. Egerman's extensive background in financial leadership encompasses nearly two decades of experience across diverse sectors including FinTech, eCommerce, and retail, which promises to enhance the strategic direction of Fora Financial.
In his new position, Egerman will take charge of various vital areas such as financial operations, strategy development, investor relations, capital growth, and risk management. He is expected to leverage his profound expertise gained from prior roles with leading companies such as PayPal, Walmart, and Marathon Petroleum to elevate Fora Financial's objectives.
Jared Feldman, the CEO of Fora Financial, expresses confidence in Egerman’s capabilities, stating, "John's deep expertise across financial disciplines and his proven track record of strategic leadership make him a valuable addition to our executive team. His experience in scaling businesses and handling complex financial operations will be instrumental as we continue to grow and innovate our offerings for business owners."
Before joining Fora Financial, Egerman served as the Vice President and CFO of PayPal's Consumer Businesses, where he honed his skills in managing financial strategies for one of the world’s leading payment platforms. Moreover, his previous leadership roles in corporate and commercial finance at Walmart and in the energy sector further reinforce his capacity to lead financial initiatives at Fora Financial.
Egerman's vision aligns with Fora Financial's mission. He remarks, "What drew me to Fora Financial was its clear commitment to supporting entrepreneurs and business owners with flexible financing options. I am excited to join a team that is passionate about making a real impact on the growth journeys of small and mid-sized businesses across the country."
Holding an MBA from Rice University and a Bachelor of Science in Business from the University of Colorado, Egerman’s educational background complements his professional achievements, enhancing his capability to steer the company's financial growth amid evolving market conditions.
Fora Financial, founded in 2008, has established itself as a leader in providing accessible and timely financing solutions to businesses across various industries. With a strong commitment to customer service and nurturing long-term client relationships, the company has successfully delivered over $4 billion in working capital to more than 55,000 businesses nationwide. The addition of Egerman to the executive team reinforces their objective to remain at the forefront of the financing industry, making substantial contributions to small businesses that drive the U.S. economy.
As John Egerman steps into this pivotal role, the industry watches closely, anticipating enhancements in service delivery and financial strategies that will further empower entrepreneurs seeking capital solutions tailored to their specific needs.