Greenwich Harbor Partners Recruits Chief Financial Officer for Petplan
April 23, 2020 - Seeking to grow its direct-to-consumer pet health insurance business and accelerate growth, Petplan, a Warburg Pincus portfolio company, has hired a seasoned chief financial officer, David Zollenberg to lead its financial function. Previously, David had been CFO of Genesis Capital, an Oaktree founded start-up, and a senior financial executive at Farmers Insurance.
David Zollenbergis an experienced private equity CFO with extensive insurance industry experience. Prior to joining Petplan, he was CFO and Co-Chief Operating Officer for Genesis Capital, the leading loan provider for the nation’s top professional developers of residential, multi-family and mixed-use real estate, founded by Oaktree Capital and successfully sold to Goldman Sachs. Prior to Genesis Capital, David was Chief Financial Officer and Head of Shared Services for Farmers Distribution at Farmers Insurance, where he had had multiple progressive assignments in finance over eight years. Prior to Farmers Insurance, he was with The Hanover Insurance Group. David has a Bachelors Degree in Finance from Georgia State University.
Petplan provides health insurance for pets, a fast growing industry because people want to treat their pets with the latest medical advances which often mirror the services available to people. Veterinary bills are also increasing and people can face large bills without the savings to pay their bills. In many ways, the Petplan insurance model is similar to what is available for health insurance for people. Customers cover their pets for a variety of situations including accidents, illness, surgery, prescriptions and dental care.
Based in New York City, Petplan is led by CEO Paul Guyardoand owned by management and Warburg Pincus.
“This was a nationwide search and we talked to everyone whom we thought were appropriate for the position,” said Ted Pryor. “We were looking for senior financial leader executive with deep, insurance company experience, true P+L responsibility and proven ability to be successful in an entrepreneurial environment."