Galway Holdings Appoints Frank Mammaro as Chief Financial Officer - Insurance News | InsuranceNewsNet

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August 6, 2024 Newswires
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Galway Holdings Appoints Frank Mammaro as Chief Financial Officer

Business Wire

Mammaro brings more than 20 years of financial and operational expertise, specializing in FP&A, M&A and business growth strategies

SAN FRANCISCO--(BUSINESS WIRE)--
Galway Holdings (“Galway”), a diversified financial services and insurance distribution platform, today announced the appointment of Frank Mammaro, CPA, as Chief Financial Officer (CFO). Based in Jersey City, N.J., Mammaro will oversee and manage all finance, accounting and capital markets management functions across the Galway ecosystem. Additionally, he will participate in the company’s overarching strategy, investment and operational initiatives.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240806491711/en/

Frank Mammaro will become CFO of Galway Holdings. (Photo: Galway Holdings)

Frank Mammaro will become CFO of Galway Holdings. (Photo: Galway Holdings)

Aligned with Galway’s mission to develop an interconnected ecosystem of financial, consulting, technology and insurance brands, Mammaro will play a pivotal role in driving inorganic growth initiatives, leveraging his extensive experience in managing merger and acquisition (M&A) activities from previous roles. In addition, Mammaro will focus on overseeing other strategic growth levers, including organic growth and producer recruiting initiatives.

“Having worked closely with the Galway finance team over the years, transitioning to a leadership role within the organization will significantly accelerate our growth efforts,” said Mammaro. “I'm excited to facilitate our finance team's robust fiscal oversight, while making strategic investments to fuel growth, align resources and enhance our finance, operations and technology functions.”

With Mammaro’s addition, Galway adds more than 20 years of experience in operations, finance and accounting administration, in addition to his 15 years of experience in the insurance brokerage industry. For the past three years, Mammaro has served as CFO at EPIC Insurance Brokers & Consultants (“EPIC”), a retail insurance brokerage firm within Galway’s family of companies.

“Frank’s career has been marked by a series of impactful CFO roles, demonstrating his exceptional leadership and ability to drive growth, which is why we’re confident in his ability to oversee our financial operations,” said John Jennings, CEO of Galway Specialty Markets. “With Frank’s rich background, Galway is well-positioned to execute on our expansion initiatives, helping to ensure sustainable growth and long-term success.”

A certified public accountant in the state of New York, Mammaro started his career working in Grant Thornton LLP’s audit practice prior to joining Integro Insurance Brokers. During his tenure at Integro, he started on the corporate accounting team before establishing its first FP&A practice. He eventually became its U.S. CFO and Global FP&A leader and led Integro U.S. to its successful sale to EPIC. Starting as EPIC’s Northeast Regional CFO, he later became CFO of the entire organization after Galway recapitalized the business.

Steve Denton, CEO of Galway Retail Services added, “Frank has been at the forefront of growing companies, with a track record in building, leading and developing successful teams in finance, accounting, tax and operations. Building on our success in establishing three core business groups at Galway, Frank will play a pivotal role in our continued evolution by positioning us for further growth.”

Following Jennings and Denton’s appointments as CEO and the establishment of Galway Retail Services and Galway Specialty Markets, respectively, the addition of Mammaro to Galway marks another strategic leadership appointment to support the company's growth objectives. For more information on Galway, please visit galwayholdings.com.

About Galway Holdings

Galway Holdings, LP is the parent company of a growing and diverse group of financial, consulting, technology, and insurance brands. As an expanding financial services platform with a focus on data analytics, innovation, and risk-sharing solutions, Galway is focused on powering its network of companies to develop innovative solutions for clients and help foster their growth. For more information about Galway and its financial solutions platform, please visit galwayholdings.com. Follow us on LinkedIn to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240806491711/en/

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Source: Galway Holdings

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