Geneva Capital named Nate Kary its new director of operations and promoted Sara Beattie to credit manager on its operations team.
Kary originally joined Geneva Capital as a financial analyst in 2005. After being promoted to credit manager in 2007, he has spent the last 14 years managing all credit policies and personnel, ensuring the company’s portfolio performance and making adjustments to credit thresholds to accommodate market fluctuations.
With guidance from the entire senior management team, for which Kary has played a role, Geneva Capital’s portfolio has grown by more than 700% during his tenure with the firm. In addition, during this time, Kary’s operations team, which is made up of financial analysts and documentation specialists, has also doubled in size.
As the newly appointed director of operations, Kary will focus on company-wide process improvements and explore new market and product opportunities while continuing to monitor portfolio performance. The director of operations role is a newly created position within the company’s senior management team.
“Nate has an incredible depth of knowledge when it comes to leading operations within Geneva Capital, and we’re excited that this promotion will allow him more time to focus on strategic growth opportunities for the entire company,” Andrew Cavers, president of Geneva Capital, said.
Beattie joined Geneva Capital in 2011 as a financial analyst before being promoted to senior financial analyst in 2016. As the company’s credit manager, she will direct all credit policy, engage in underwriting audits and lead the team of financial analysts responsible for all customer credit decisions.
“There’s no one more equipped to step into the credit leadership role than Sara,” Mark Watkins, founder and CEO of Geneva Capital, said. “She and Nate have worked seamlessly together for many years, and I’m confident these promotions will provide the leadership and infrastructure needed to facilitate Geneva’s next great growth phase.”
These promotions will take effect on July 1.
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