GSG AMR, the asset management and remarketing division of GSG Financial, announced the addition of Jeff Romano as SVP, Asset Management and Remarketing. Romano will be responsible for supporting the execution of the division’s vision and strategy to drive GSG AMR’s growth in managing material handling assets for its own fleet and for third party lessors. Romano will report to President Andrew A. Bender and operate out of Garfield Heights, OH.
“Jeff Romano has a unique combination of entrepreneurship, material handling and equipment finance experience,” said Bender. “Jeff’s leadership will help us to expand AMR’s services to third party lessors and other GSG customers. We’ve seen a strong demand for our asset management and remarketing services and Jeff is the best person to help support the growing need.”
Prior to joining GSG, Romano spent 10 years working at Fallsway Equipment Company, Inc. and its subsidiary, Greyson Equipment Company, LLC, where he held several positions including Vice President of Asset Management. Jeff was instrumental in the launch of Greyson as he developed the business plan and built the business from 2012 to 2018. Prior to joining the Fallsway companies, Jeff founded his own manufacturing consulting firm which he grew and sold in 2007. Romano graduated with a bachelor’s degree in political science from the University of Akron.
“It is an exciting time to join the GSG team as we’ve got tremendous runway. The business has a strong foundation and great people. With our growing customer base, we will continue to leverage our proprietary market data to provide additional cost saving opportunities for our customers, our team and our investors.” said Romano. “I am excited to bring my experience to the team and continue to stay in the forefront of the evolving market.”
GSG Asset Management and Remarketing provides a full-service approach to asset management for third party lessors. From front-end residual support all the way through asset removal and remarketing, the GSG AMR turnkey solution helps equipment finance companies focus on their expertise – equipment finance. Each service can be a stand-alone product, or can be acquired as part of a comprehensive solution. GSG AMR core services include refurbishing, buying, selling, and renting previously-owned material handling equipment. GSG AMR also supports third parties with front-end residual analysis support, logistics, inspections, appraisals/valuations, and storage. Their skilled technical team will provide repair and refurbishing services on forklifts, construction, and other industrial equipment.
