Carlos M. Garcia
Director, Chairman of the Board
Carlos M. Garcia has been the Chairman of the Board of Managers of Caribbean Financial Group since December 2014 and a board member since July 2014. He is also the Chief Executive Officer and Founder of BayBoston Managers LLC and Managing Partner of Bay Boston Capital L.P. Prior to that, Mr. Garcia served at Banco Santander in a series of executive roles, from 2011 to 2013 as Senior Executive Vice President and board member of Santander Holdings USA and Santander Bank N.A., and from 1997 to 2008 as President and COO of Banco Santander Puerto Rico, Vice Chairman and CEO of Santander Securities, Chairman of Santander Asset Management and board member of Santander Financial Services (dba Island Finance Puerto Rico). From 2009 to 2011, he was appointed both Chairman, President and CEO of the Government Development Bank for Puerto Rico and Chairman of the Fiscal Restructuring and Stabilization Board of Puerto Rico. Mr. Garcia has over 23 years of experience in the financial industry. Mr. Garcia received a dual bachelor's degree in both economics from the Wharton School and Comparative Literature from the College of Arts and Sciences of the University of Pennsylvania. He is a former board member of the Federal Home Loan Bank of Pittsburgh and Make-A-Wish Foundation of Massachusetts and Rhode Island, a member of the Young Presidents Organization, and a board member of the Hyde Square Task Force in Boston.
Oriol has over 30 years of experience in the financial industry. He has been President, Chief Executive Officer and Board Member of our company since 2006. From 1999 to 2006, under Wells Fargo Financial, a unit of Wells Fargo & Company, he served as President of Island Finance Inc., as President of the Latin American Consumer Group, as Senior Vice President of the U.S. Emerging Markets Group, and as member of the Executive Committee. From 1996 to 1999, he was Country Manager for AVCO Financial Services of Puerto Rico, the second largest consumer finance company on the island. From 1990 to 1996 he served at First Bank of Puerto Rico holding a series of VP executive positions in its consumer loan, automobile financing and credit card businesses. Oriol started his banking career with Banco de Ponce, where he served as AVP in the Strategic Planning unit. Oriol currently sits on the Corporate Board of Baldwin School of Puerto Rico, an International Baccalaureate World School and a premier independent college preparatory English language day school in Puerto Rico. He holds a B.A. in Economics from the University of Maryland at College Park.
Daniel W. Porter
Daniel W. Porter has been a member of our Board of Managers since 2006. Mr. Porter is currently the Chief Executive Officer of Skopos Financial Group, LLC which is a non-prime indirect automobile financing business. Mr. Porter was a Senior Advisor of Irving Place Capital from 2004 to 2011. Prior to joining Irving Place Capital in 2004, Mr. Porter served as Chairman and Chief Executive Officer of WMC Mortgage, a leading non-prime wholesale mortgage company, from October 2003 to June 2004, when it was acquired by GE Capital. From 1999 to 2003, Mr. Porter was Chairman and Chief Executive Officer of Wells Fargo Financial, a consumer finance division of Wells Fargo. From 1986 to 1999, he worked at GE Capital where he held several positions including Chief Executive Officer as well as other senior executive positions in automobile, private label credit card and commercial financing businesses. He also led or participated in numerous mergers and acquisitions in the United States, Latin America and Western and Central Europe. Previously, Mr. Porter was a management consultant at Booz, Allen and Hamilton (now Booz & Co.).
Mr. Porter also served as director of White River Capital. Mr. Porter received an MBA from the Wharton School of the University of Pennsylvania and a BS from the University of California, Davis.
David E. King
David King is a Managing Director at Fortress Investment Group, where he heads the firm's Strategic Capital Group and focuses on investments in the financial services sector. Prior to joining Fortress in 2014, Mr. King founded and was the Senior Managing Director of Culpeper Capital Partners LLC. Mr. King was formerly a Senior Managing Director at Bear Stearns Merchant Banking and its successor firm Irving Place Capital, a middle-market private equity firm from 2001 to 2011, and a Managing Director at McCown De Leeuw & Co., where he worked from 1990 to 2000. Mr. King currently is a member of the board of several private financial services companies. Mr. King received his B.A. from Rice University, his M.S. from Stony Brook University, and his M.B.A. from Stanford University.
Richard Levy is the Chief Executive Officer and Founder of Victory Park Capital, a private investment firm headquartered in Chicago. He also serves as chairman of the firm’s Senior Leadership Team and Investment Committee. Mr. Levy serves on the board of directors of two Victory Park portfolio companies and is chairman of the board of directors of three additional portfolio companies. Richard is also chairman of the board of nonprofit Gardeneers, an active board member of the College Bound Opportunities and Camp Kesem and he sits on the Board of Trustees for the Illinois Institute of Technology. Before founding Victory Park, Mr. Levy served as head of the Small Cap Structured Products Group and co-head of the Solutions Group at Magnetar Capital. He also co-founded and served as managing partner at Crestview Capital Partners. Richard received a B.A. in political science from The Ohio State University, an MBA from the Illinois Institute of Technology’s Stuart School of Business and a J.D. from Chicago-Kent College of Law. He is a member of the Illinois bar (inactive).
Thomas P. Shippee
Thomas P. Shippee retired as Chief Executive Officer of Wells Fargo Financial in December 2008. He oversaw both U.S. and Canadian consumer finance operations, as well as the commercial businesses for the financial services company headquartered in Des Moines, Iowa. Mr. Shippee served in various positions throughout his career and served as President and CEO from June 2004 until July 2008 when he transitioned to the CEO position in preparation for retirement in late 2008. He earned a Bachelor's degree in Economics at Bates College and an MBA at Pepperdine University.
Eduardo currently serves as Vice President of the direct investments group at Amzak Capital Management, a single-family office located in Boca Raton, Florida. Since joining Amzak in 2009, Eduardo has executed private equity investments in diverse industries including specialty finance, paper and packing, health and fitness, and for-profit education. Prior to joining Amzak, Eduardo worked at Sun Capital Partners where he focused on investing in distressed securities across the capital structure in the consumer, retail and industrial sector. Eduardo began his career at JPMorgan in New York as an Investment Banking Analyst where he focused on mergers and acquisitions, debt financings and equity offerings in the transportation sector. Eduardo received his undergraduate degree from the University of Pennsylvania, cum laude, and his M.B.A. from Harvard Business School.
Raul currently serves as Chairman and CEO of Insigneo Financial Group, a Miami-based multi-family office. Before Insigneo, he co-founded the financial services firm Hencorp, which offers wealth management and investment banking solutions in Latin America, and until recently, he served as Hencorp Becstone’s President & CEO. Mr. Henriquez has built an extensive track record investing successfully in private equity. He currently serves as a member of the Advisory Committees of Sun Capital Partners, Pine Tree Equity Partners and Alpha Capital. Throughout his professional career, Mr. Henriquez has served on several boards of directors, including the Salvadoran Stock Exchange, the Salvadorian Foundation for Social and Economic Development (FUSADES), Salvadoran American Humanitarian Foundation (SAHF) and Ransom Everglades School. He has also served on the Investment Committee of Ransom Everglades School and is currently a member of the Nicklaus Children’s Hospital Investment Committee. He holds an MBA from the Wharton School of Business at the University of Pennsylvania, and a bachelor’s degree in finance from the University of Florida.
Guillermo Henne M.
Guillermo Henne M. has been a member of the Board of Caribbean Financial Group since 2018. With more than 25 years of experience in Private Equity, Mr. Henne is currently Chairman of M&A Capital, Inc. which is a family office based in Panama started by Roberto Motta C. M&A Capital, Inc. and has investments in a variety of companies operating in industries such as banking, insurance, ports, real estate, construction, industrial, retail, hospitality, among others. Mr. Henne is an active entrepreneur and member of the board of directors of most of M&A Capital´s portfolio companies including Indesa Holdings Corp. and, starting in 2019, in Empresa General de Inversiones (holding of Banco General). He is a board member of Asociacion Nacional para la Conservacion de la Naturaleza – ANCON (nature conservancy in Panama), Young Presidents Organization (Panama), a member of Entrepreneur Organization (Panama) and Consejo Economico de America Latina (CEAL). Mr. Henne received an MBA from Thunderbird University and a BS from the University of Southwestern Louisiana. He has also participated in Executive Education programs from Harvard University and The Wharton School at the University of Pennsylvania.