SAN DIEGO, March 24, 2009 — Five Point Capital, one of the nation’s leading equipment leasing firms, announced today that Greg Wells has been named Chief Executive Officer and President of the company, effective March 30th.
Wells is coming to Five Point Capital from Vistage International (http://www.vistage.com), the world’s leading chief executive development organization, based in San Diego. At Vistage, Wells was a member of the executive team and served in a range of general management, operations and sales leadership positions, most recently overseeing Vistage’s U.S. field operations which includes 375 Chairman and 9,000 executive members.
Prior to Vistage, Wells spent 18 years in leadership positions in the financial services industry, including Senior Vice President and Division Manager of Wells Fargo’s Southern California Business Banking Group. He also oversaw retail operations in several regions for Wells Fargo, including San Diego County and the Inland Empire.
Dan Feder, co-founder of Five Point Capital, said, “Greg is exactly what we need during these challenging times. He has the expertise to help us strengthen our business model and lead Five Point Capital into its next era of growth.” Adds Dave Gilbert, Five Point’s other co-founder, “We are excited because we see a strong fit between Greg and our culture.” Greg Wells said, “The company has accomplished a great deal over the past ten years and I’m thrilled to join the team and have the opportunity to build on its successes. The current economy gives us a number of challenges but it also creates a number of extraordinary opportunities. I look forward to working with the team at Five Point Capital to seize those opportunities.”
A Southern California native, Wells is a graduate of the University of Oregon, the Pacific Coast School of Banking at the University of Washington and the Graduate School of Credit and Financial Management program held at Dartmouth University.
Wells is involved in a number of community service organizations, including the San Diego International Sports Council, and he serves on the board of the Special Olympics of Southern California. He has previously been affiliated with other San Diego-based community service organizations, including the Pacific Life Holiday Bowl, LEAD San Diego, the Children’s Museum, the Better Business Bureau, and the United Way.
Wells resides in Poway with his wife, Kim, and their three daughters.
About Five Point Capital
San Diego-based Five Point Capital (http://www.fivepointcapital.com) was founded by Dave Gilbert and Dan Feder in 1999. Small businesses, nationwide, benefit from their focus on customer service and personal attention. Five Point Capital leases most types of new and used equipment for a wide diversity of businesses. FPC was ranked No.348 in 2007 and No. 82 in 2006 on the Inc. 500 America’s Fastest Growing Private Companies. FPC placed No. 11 in 2007 and No. 9 in 2006 on the San Diego Business Journal’s List of San Diego’s Top 100 Fastest Growing Privately Held Companies.
Contact:
Lisa Steen
(858) 433-2632
lsteen@fivepointcapital.com
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