Amynta Strengthens Go-Forward Executive Team with Appointment of Chief Financial Officer and Chief Operating Officer

News provided by

Nov 26, 2018, 07:30 ET

NEW YORK, Nov. 26, 2018 /PRNewswire/ -- The Amynta Group ("Amynta" or "the Company"), an industry leading group of warranty, managing general agent and specialty risk companies, today announced that Brian Seldess has joined as Chief Financial Officer (CFO) effective immediately and, on December 3, 2018, Greg Neubecker will join as Chief Operating Officer (COO). The additions of Brian and Greg further round out Amynta's executive team, led by Chief Executive Officer (CEO) Stuart Hollander.

Interim CFO Josh Damon and interim COO Andrew Cawood will work closely with Brian and Greg during a transition period to ensure continuity. In addition, both Josh and Andrew will continue their involvement with Amynta, with Josh joining Amynta's Board of Directors and Andrew shifting to other strategic projects for Amynta as part of his work with FCM, the Company's diligence and operational improvement partner.

Amynta CEO Stuart Hollander, commented, "Our culture, business strategy and ability to execute start with our executive team and I am pleased to welcome Brian and Greg, such outstanding and highly accomplished executives, to our team". He added, "We have been extremely fortunate to have the high caliber interim leadership of Josh and Andrew and will continue to benefit from their involvement through their new roles".

Brian Seldess joins Amynta from Solera where he was CFO & Regional Managing Director of its Audatex business and the leader of Solera's global financial planning and analysis function. Prior to Solera, Brian was the Chief Financial and Operating Officer of SunGard Insurance. Brian joined SunGard after many years at Marsh & McLennan Companies where he held various executive positions. Prior to Marsh, he served for ten years as VP Business Development, Analysis and Planning with American Express. Brian is a CPA and licensed Property and Casualty Insurance broker. He holds a BS in Business Administration from the University of Arizona and an MBA from the Thunderbird School of Global Management.

Greg Neubecker joins Amynta from Capital One where he was Managing Vice President of Loss Mitigation for the auto finance business. In that role, Greg led a team of 1800 associates and contractors over seven countries and drove operational improvements through lean six sigma process redesigns across multiple contact centers and technology platforms. Prior to Capital One, Greg progressed through financial and operational roles at Energy Future Holdings (now Vistra Energy). He also worked for HBK Capital Management and served as an Engagement Manager for McKinsey & Co. Greg served his country in the US Navy and completed his six years of service as a Lieutenant, Surface Warfare Officer. He holds a BS in Electrical Engineering from the Massachusetts Institute of Technology and MBA from The Wharton School at the University of Pennsylvania.

In addition to his appointment to Amynta's Board, interim CFO Josh Damon will be joining Madison Dearborn Partners, Amynta's private equity sponsor, as Managing Director and Head of Portfolio Resources. In his new capacity he will continue his significant involvement with the company.

About The Amynta Group

The Amynta Group is an industry leading group of warranty, managing general agent and specialty risk companies. This collection of professionals and firms provides warranty and services contracts for the automotive, consumer products and specialty equipment industries, among others, and administers niche workers' compensation and contractor liability coverage in the United States on behalf of AmTrust and other carriers. The Amynta name is derived from antiquity and means "protector," which underscores the company's focus and commitment to bringing industry leading products and services to its wide range of clients and customers. Amynta plans to invest in growing and maintaining its market leading position with a focus on ensuring a high performing work culture, product innovation and market expansion. For more information, please visit www.amyntagroup.com.

SOURCE The Amynta Group