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Trinity Capital Inc. Appoints Michael Testa As Chief Financial Officer

Jan 05, 2024•over 1 year ago

Position

Chief Financial Officer

Company

Trinity Capital

Michael Testa
PhoenixFinancial Services

Description

Trinity Capital Inc. , a leading provider of diversified financial solutions to growth-stage companies, today announced that, as part of the Company's long-term succession plan, its Board of Directors has named Michael Testa as Chief Financial Officer , effective immediately. He succeeds David Lund, who will remain on the team as a consultant, focusing on strategic growth initiatives for the Company.

Company Information

Company

Trinity Capital

Location

Phoenix, Arizona, United States

About

High-growth venture capital-backed companies turn to Trinity Capital (Trinity) as a preferred option for venture debt and equipment financing to fuel their growth and extend their runway. Since 2007, Trinity has worked closely with leading venture capital firms and their respective portfolio companies to offer valuable support, enhanced flexibility and competitive venture debt financing solutions to customers with distinctive needs. Having funded some of the world’s most innovative startup companies, Trinity is the partner of choice for venture-backed technology startups wanting an experienced partner to help strengthen their financial position while preserving equity. For more information, please visit www.trinitycap.com.

Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months

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