Vassanelli named CFO of Velocity Technology Solutions: CORRECTED

Velocity Technology Solutions Inc. said Tuesday that Marc Vassanelli was named EVP and CFO, effective since May 31. Most recently, Vassanelli was interim CFO of the Towergate Group. CORRECTION: Vassanelli was hired away by Velocity and never served as Towergate's interim CFO, a spokesman said. Velocity is a portfolio company of Silver Lake Sumeru.

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