What Happened?
Needham Heights, MA-based Salus Capital Partners has Appointed Gary D. Hoffstein as Chief Information Officer
About the Company
Salus Capital provides secured asset-based loans to the middle market. Every loan is tailored across a variety of industries throughout North America. Over the past two decades, our passion for forward-thinking and creativity has enabled our team to develop an entrepreneurial approach to credit risk versus an institutional approach. We view historical performance as a benchmark in setting goals and aspirations for the future. Setbacks are opportunities and opportunity is a chance to take a new road. Salus is a commercial finance and asset management company established in November 2011 as a subsidiary of Harbinger Group Inc. (NYSE:HRG), a diversified holding company with principal operations conducted through subsidiaries that offer life insurance and annuity products and branded consumer products.
About the Person
Gary Hoffstein provides leadership for all areas of information technology strategy, development, and implementation. With more than 25 years of experience, Hoffstein is both an entrepreneur and expert in the computer and technology industry. Prior to joining Salus, he was the Vice President, Technology Officer, at Blue Hills Bank. He specialized in the implementation and maintenance of the bank’s hardware, software, networks, servers, security, disaster recovery and business continuity planning. Prior to working at Blue Hills Bank, Hoffstein was President and Founder of Emagine USA, a premier web hosting and Internet service provider. He holds a B.S. from Western New England University.
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