Schechter, an investment advisory, private capital and life insurance firm in Birmingham, Mich., has announced the addition of Ray Gunn as the firm’s president.
Gunn, who has over 30 years of executive experience leading public and private companies, will be responsible for preparing the firm for meaningful growth, both organically and through acquisitions, the company said in a press release.
Prior to Schechter, Gunn was a full-time consultant working independently with many companies directly and through his associations with Anchor Resource Management and Van Conway & Partners.
“Ray joins Schechter during an exciting period,” says Marc Schechter, senior managing director and principal. “With our private capital division gaining momentum, the continued acquisition of new clients, and the need to fill new positions within the firm, we’re confident Ray’s experience will be a strong asset moving forward.”
Gunn was executive vice president and CFO of Somanetics Corporation. He joined SMTS as a venture-backed company, raised $52 million in nine separate transactions, developed the team that guided SMTS through the IPO/FDA processes. SMTS was sold in 2010 for $329 million, according to the press release.
Schechter is a boutique, third-generation wealth advisory and financial services firm.