Leadership

Leadership – Top

Pete Martay

Chief Executive Officer

Pete Martay

Chief Executive Officer

Pete joined Pangea in 2009 as the company’s fifth employee and currently serves as Chief Executive Officer of Pangea Properties. Prior to joining Pangea, Pete served as Vice President at Bernstein Global Wealth Management from 2005 to 2009. He also worked as an associate for Chicago-based private equity firm, Glencoe Capital from 2002 to 2004. Pete started his career in investment banking at Deutsche Bank, as part of the Leveraged Finance Group. He received his B.B.A. from the University of Michigan’s Stephen M. Ross School of Business. In his free time, Pete enjoys fly fishing, hiking, skiing, and spending time with his wife and kids.

Board of Directors

Board of Directors

Al Goldstein

Co-Founder & Executive Chairman of the Board

Board of Directors

Eric M. Rychel

Board Member

Al Goldstein

Co-Founder & Executive Chairman of the Board

Al Goldstein is the co-founder and CEO of AvantCredit.com, one of the fastest growing national online providers of consumer loans. By utilizing advanced algorithms and machine-learning capabilities, AvantCredit offers a unique and highly customized approach to the personal loan process. After securing more than $500 million in funding, AvantCredit was the most funded company in Chicago in 2014. The company has issued more than 90,000 loans operating in 46 U.S. states and in the United Kingdom under the brand SpringCoin.co.uk. Prior to AvantCredit, Al co-founded Pangea Properties, a private REIT invested in distressed and value-add multi-family properties in the Chicago, Indianapolis and Baltimore markets. Al was co-founder, President and CEO of CashNetUSA, now Enova International, from 2004 until 2008, after selling to Cash America International in 2006. Prior to that, he was part of Deutsche Bank’s Leveraged Finance practice in New York and worked on various secured and unsecured leveraged debt transactions. Al is also an active member of the Young Presidents Organization (YPO) and America Israel Public Affairs Committee (AIPAC) and spends time mentoring young entrepreneurs. He received a Bachelor of Science in Finance with a Mathematics Minor from the University of Illinois where he graduated with High Honors and is a CFA charter holder.

Eric M. Rychel

Board Member

Eric M. Rychel currently serves as the Chief Financial Officer for Pike Corporation, a leading provider of turnkey engineering and construction solutions for electric and gas utilities, as well as telecommunications companies. Mr. Rychel was previously senior vice president and Chief Financial Officer at Aleris with responsibility for treasury, strategy, corporate development and investor relations. Mr. Rychel also held the position of managing director in the Industrials Group at Barclays Capital, Inc., where he initiated its Metals industry banking effort as the global head of Steel and Metals corporate finance coverage. Prior to that, Mr. Rychel was a managing director at Deutsche Bank Securities, Inc., from 1998 to 2009, where he ran the Metals industry investment banking effort. Mr. Rychel began his career as an analyst at LSG Advisors, an M&A boutique and predecessor to SG Cowen. Mr. Rychel has a bachelor’s degree from The Wharton School of the University of Pennsylvania.