AmRock Financial announced it hired seasoned food industry veteran, Stephen Sibert as a senior advisor to guide the company’s expansion into the food and consumer goods industry. Sibert offers AmRock Financial strategic counsel and client development as it expands its financial placement work in the food and consumer goods sector.
Sibert brings more than 25 years of food manufacturing, retail and manufacturer experience and contacts to AmRock Financial and will report to Frank Tomasino, AmRock’s president and CEO. Most recently, Sibert served as Vice President of Corporate Affairs and Communications for Diamond Foods, leading the company’s government, trade relations and corporate communications activities.
Prior to joining Diamond Foods in 2010, Sibert was senior vice president of Industry Affairs at the Grocery Manufacturers Association (GMA), the Washington, D.C. based industry association representing the senior executives of the food, beverage and consumer products companies in legislative, regulatory and trade issues. He has additionally held executive leadership positions for Retail Industry Leaders Association (RILA) and the U.S. Chamber of Commerce. Sibert holds a B.S. in Public Affairs from Indiana University.
“Stephen’s extensive knowledge and experience in the food and consumer packaged goods and retail and wholesale industries, coupled with his government network benefit AmRock Financial as we expand our client portfolio to offer innovative and targeted financial solutions and alternatives in the food, consumer goods and retail industries,” said Frank Tomasino, president and CEO of AmRock Financial. “His performance record and results orientation make him a natural fit for our company.”
"I am excited by AmRock’s Financial offerings and its client portfolio and the opportunity to assist the firm as it increasingly dominates the food, consumer and retail sectors," said Sibert. “AmRock offers the food and CPG sector financial alternatives that are unique and advantaged in today’s financial services marketplace.”
AmRock Financial is a boutique financial service firm and licensed credit insurance broker specializing in delivering creative funding solutions and credit risk management for complex asset based loans and corporate debt structures. Operating in the upper quartile of the asset based lending market, AmRock offers significant pricing advantages as an alternative to banks and commercial finance companies. To date, AmRock has funded over $600 million in transactions.