Haversine Funding Names Gen Merritt-Parikh Co-CEO to Lead Growth and Expansion
Haversine Funding, a leading provider of specialty finance solutions, is pleased to announce the promotion the company’s current president, to the position of Co-Chief Executive Officer (Co-CEO), effective February 21, 2025. Merritt-Parikh, who has been instrumental in shaping the company’s strategic direction as president, will now work alongside founder & Co-CEO Stan Vukmer to drive Haversine’s continued growth and innovation in the commercial lender finance space.
Gen Merritt-Parikh’s leadership has been instrumental in driving Haversine Funding’s growth, innovation, and industry impact. As a respected executive with deep expertise in specialty finance, her strategic vision has significantly contributed to the company’s expansion and success. Her appointment as Co-CEO marks a new chapter for Haversine, reinforcing its commitment to scaling operations, strengthening partnerships, and delivering value-driven financial solutions to clients.
Stan Vukmer, Co-CEO of Haversine, emphasized the importance of Gen’s contributions to the organization and expressed confidence in their shared leadership. “Gen’s leadership has been a catalyst for our success, and her strategic vision, deep industry expertise, and tireless dedication to innovation will be invaluable as we grow our platform,” said Vukmer. “With our combined leadership as Co-CEOs, Haversine will be even better positioned to expand our offerings, strengthen partnerships, and drive greater value for the specialty finance industry.”
In her previous role as President of Haversine, Gen played a crucial part in broadening the company’s portfolio, diversifying lender funding solutions, and cultivating strong industry relationships. Her efforts helped position Haversine as a leader in the specialty finance Haversine Funding space, ensuring that the firm remained adaptable and resilient in an evolving financial landscape. By spearheading strategic initiatives, she drove growth while fostering innovation, ultimately enabling Haversine to meet the diverse needs of its clients effectively.
Now, as Co-CEO, Gen is set to build on this momentum. She will lead efforts to accelerate expansion, deepen market penetration, and enhance the company’s role as a trusted provider of financial solutions. Her leadership will be critical in refining Haversine’s strategies, aligning them with emerging industry trends, and ensuring that the company continues to set new benchmarks for excellence in lender finance.
“I’m honored to step into the role of Co-CEO and continue working alongside Stan Vukmer to lead Haversine into its next phase of growth,” said Merritt-Parikh. “As the specialty finance industry evolves, we remain committed to delivering flexible funding solutions that empower our clients and partners to scale. I look forward to expanding our reach, enhancing our offerings, and strengthening Haversine’s position as a trusted leader in lender finance.”
Gen’s professional journey is marked by a wealth of experience and a proven track record of success in financial services. Prior to joining Haversine Funding, she served Haversine Funding as President of Allied Funding, where she played a pivotal role in its successful sale to a nationally chartered bank. Her leadership and strategic decision-making were instrumental in ensuring a smooth transition while maximizing value for stakeholders.
Her career also includes executive positions at Liquid Capital, Comresco Capital, and Guaranty Business Credit, where she specialized in factoring and asset-based lending. These roles allowed her to develop a comprehensive understanding of the complexities of lender finance and equipped her with the expertise needed to navigate industry challenges effectively. Throughout her career, Gen has demonstrated an exceptional ability to drive growth, optimize financial structures, and build strong relationships across the financial sector.
Beyond her leadership roles, Gen is a recognized thought leader and industry expert. She played a key role in developing the first-ever factoring certification program for the International Factoring Association, reinforcing her commitment to advancing industry standards and best practices. Her contributions to commercial finance have earned her numerous accolades, including being named among the top women in asset-based lending by ABF Journal and recognized as a notable woman in commercial finance by the Secured Finance Network (SFNet).
Haversine Funding, under the leadership of Gen Merritt-Parikh and Stan Vukmer, is poised for continued success in the specialty finance sector. The firm’s commitment to providing innovative funding solutions and fostering long-term partnerships has positioned it as a trusted Haversine Funding name in the industry. With Gen at the helm as Co-CEO, the company is expected to further solidify its market presence, expand its suite of financial products, and drive greater value for clients.
The specialty finance industry is undergoing rapid transformation, with increasing demand for flexible funding solutions tailored to the unique needs of businesses. Haversine Funding remains committed to addressing these evolving demands by leveraging its leadership team’s expertise and implementing forward-thinking strategies. As the company continues to grow, its focus on adaptability, client-centric solutions, and operational excellence will be central to its success.
The dual leadership structure, with Gen and Stan serving as Co-CEOs, represents a strategic approach that blends complementary strengths and perspectives. This collaborative leadership model ensures that Haversine remains agile and responsive to market dynamics while maintaining a strong foundation for sustainable growth. Their combined efforts will drive innovation, enhance operational efficiencies, and reinforce the company’s position as a leader in specialty finance.
Gen’s leadership will be instrumental in expanding Haversine’s market reach and enhancing its financial offerings. She brings a forward-looking approach that prioritizes technological integration, data-driven decision-making, and client-focused solutions. Her deep industry knowledge and strategic acumen will enable the company to navigate emerging opportunities and challenges effectively.
As businesses continue to seek customized financial solutions to support their growth, Haversine Funding stands ready to meet these needs with a commitment to excellence, integrity, and innovation. The company’s dedication to empowering clients with tailored funding solutions will remain at the core of its mission.
In conclusion, Gen Merritt-Parikh’s appointment as Co-CEO of Haversine Funding marks an exciting milestone for the company. Her leadership, expertise, and vision will play a crucial role in shaping the company’s future, driving growth, and reinforcing its position as a leader in specialty finance. As she embarks on this new role, her impact on the industry will continue to be felt, solidifying Haversine’s reputation as a trusted partner in lender finance.
