Summer Street Capital Names Standing CFO

Summer Street Capital Partners has appointed Amy Standing its Chief Financial Officer. Summer Street’s current CFO, Ron Fleissner, will begin his transition into retirement. Standing joined Summer Street in June 2013 from Discover Financial Services, where she worked in business development and was chief of staff.

PRESS RELEASE

BUFFALO, N.Y., July 29, 2013 /PRNewswire/ — Summer Street Capital Partners, LLC (www.summerstreetcapital.com), a Buffalo, New York-based private equity fund, is pleased to announce the appointment of Amy Standing as Chief Financial Officer. Concurrently, Summer Street’s current CFO, Ron Fleissner will begin his transition into retirement.

Amy Standing joined Summer Street in June 2013 from Discover Financial Services, a publicly traded direct banking and payments company. At Discover, Amy worked in Business Development and as Chief of Staff. Amy has over twenty years of experience in finance, accounting, tax and risk management, which is complemented by her strong background in SEC reporting and compliance. “The breadth of Amy’s core competencies and experience made her an excellent fit,” noted Brian D’Amico, Managing Partner. “Her strong technical foundation, as well as her proven strategic, operational, and communication skills will be a tremendous asset for Summer Street.” As CFO, Amy will assume the responsibilities of retiring CFO, Ron Fleissner. Amy earned her MBA from the University of Rochester William E. Simon Graduate School of Business Administration and attended Roberts Wesleyan College for undergraduate studies.
Since joining Summer Street in 2001, Ron has been responsible for Summer Street’s financial administration and reporting. Ron also managed investor relations and oversaw SBA and SEC compliance. “Ron has been a strong contributor to the growth of Summer Street over the last twelve years. We wish Ron, our colleague and our friend, a healthy and successful retirement,” noted Mike McQueeney, Managing Partner. During his transition, Ron will continue to work closely with Amy and Summer Street prior to his full retirement.
ABOUT SUMMER STREET CAPITAL PARTNERS LLC
Summer Street Capital Partners LLC, founded in 1999, is a Buffalo, NY-based private equity fund manager with approximately $550 million of committed capital is focused on investing in small-market companies. The firm invests alongside talented managers, bringing capital and resources to support acquisitions and aggressive growth strategies. Summer Street’s investors include leading pension funds, insurance companies, and banking institutions. Summer Street’s investments support management buy-outs, family transitions, corporate divestitures, growth financings, and recapitalizations. The investment team is complemented by a team of experienced operating partners who are integrally involved in assisting portfolio companies. Visit www.summerstreetcapital.com for additional information.