MMP Capital, an independent equipment finance company, appointed Michael Gaspar as its new chief financial officer (CFO), effective immediately. Gaspar brings a specialized skill set in finance, accounting and operations, making him a key addition to MMP Capital’s executive team.

Prior to joining MMP Capital, Gaspar held pivotal roles at Price Waterhouse Cooper, where he solidified his foundation in finance, global securitization services, GMAC commercial finance and EVO payments. His most recent role was as chief operating officer and CFO at Expanse FT, where he was instrumental in driving financial strategy and operational efficiency.

“We are excited to have Michael Gaspar join MMP Capital,” John-Paul Smolenski, CEO of MMP Capital, said. “He complements our strong merit-based go-getter culture, and we believe his impressive reputation for execution and achieving results makes him the best person to lead our finance and operations initiatives.”

“Gaspar is a seasoned financial executive with a strong background in the small business lending market,” James Siederman, executive vice president of MMP Capital, said. “We believe that he is particularly well-equipped to work with our senior executive team to help us return to systematic sales growth and gross margin improvement.”