AFC Gamma, Inc. Announces CFO Change – AFC Gamma (NASDAQ:AFCG)

AFC Gamma, Inc. Announces CFO Change – AFC Gamma (NASDAQ:AFCG)

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WEST PALM BEACH, Fla., March 20, 2023 (GLOBE NEWSWIRE) — AFC Gamma, Inc. AFCG (“AFC Gamma” or the “Company”) announced today that Brandon Hetzel, currently Executive Vice President, Controller, of AFC Gamma, has been appointed Chief Financial Officer and Treasurer of the Company. Mr. Hetzel’s appointment was approved by the Company’s Board of Directors on March 17, 2023.

“The Board has appointed Brandon Hetzel as Chief Financial Officer and Treasurer, effective immediately. We are delighted that Brandon is taking on this role as he has been a key contributor to the Company’s success since joining in September 2020 and brings both in-depth knowledge of our business and significant real estate experience which will be valuable to AFC Gamma as it is expanding its investment strategy into traditional commercial real estate,” said Leonard Tannenbaum, the Company’s Chairman and Chief Executive Officer. He continued, “I would like to thank Brett for his leadership and contributions to AFC Gamma during his tenure here, particularly as a mentor to Brandon On behalf of the board and the company, we wish Brett the best in his future endeavors.”

Mr. Hetzel’s appointment follows the departure of Brett Kaufman, who previously served as the Company’s Chief Financial Officer and Treasurer. This move came as part of the company’s effort to downsize its accounting team.

Mr. Hetzel joined the Company’s External Manager as Controller in September 2020 and has served as its Executive Vice President, Controller since December 2022. Prior to joining the firm, Mr. Hetzel served as VP of Finance for a real estate development and asset management firm and prior to that seven years at PricewaterhouseCoopers where he was a manager in the REIT audit practice. Mr. Hetzel has over twelve years of real estate and financial management experience with a focus on real estate and REITs, including apartment buildings, hotels, office buildings, shopping malls, strip centers and…

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