Aces Risk Management, or ARMCO, a provider of enterprise financial risk management solutions, has a newly appointed chief executive officer. The company announced on Tuesday that Trevor Gauthier will serve as both CEO and a member of the board.
Earlier this summer, private equity firm New Capital Partners announced that it was investing in ARMCO. The firm is made up of former operators headquartered in Birmingham, Alabama and makes investments in niche technology and services companies, including those in the financial and business services industries.
“I’ve admired the vision New Capital Partners brings to the fintech space and all of the organizations that are part of its portfolio and I’m excited about the opportunities created by ARMCO’s strength and momentum,” Gauthier said.
Former CEO Avi Naider, who led ARMCO for the past 10 years, will transition to the board of directors, according to the company.
“I applaud Avi for all he has accomplished for the company,” Gauthier said of his predecessor. “I’m looking forward to collaborating with our customers and working with the ARMCO team to increase customer satisfaction and expand our risk management and loan quality footprint in the marketplace.”
As CEO, Gauthier will lead the development and execution of ARMCO’s vision and aims to focus on customer satisfaction, expansion and employee growth. Prior to his appointment at ARMCO, Gauthier was president and CEO at Mortgage Cadence, a loan origination and enterprise mortgage technology provider. He was with the company for 14 years.
“Trevor has a proven track record leading fintech companies that provide high-quality enterprise solutions,” said Naider. “He’s a great choice to guide the company into its next phase of growth, and we’re looking forward to the advances ARMCO will make under his direction.”