Mass Luminosity Names Ruth Rhei Chief Financial Officer
June 23 2022 - 07:53AM
Business Wire
Mass Luminosity, a global technology and experiential company,
today announced Ruth Rhei has joined its team as Chief
Financial Officer. Rhei is an experienced finance professional with
extensive experience originating, structuring and syndicating
credit facilities across a variety of sectors, including
non-investment grade corporates, commodity finance, emerging
markets, and special situations. At Mass Luminosity, Rhei will have
a special focus on increasing enterprise value, capital
preservation and cash flow management, in addition to proactively
communicating with investors and financial stakeholders. She will
be a trusted advisor to the CEO on value creation, optimizing key
financial processes and business model development.
“As the different subsidiaries and divisions of Mass Luminosity
continue to increase in value, I cannot think of a better time to
welcome Ruth to our executive team as Chief Financial Officer,”
states Mass Luminosity Founder and CEO Angel Munoz. “Her deep
understanding of financial transactions and her laser-sharp
strategic thinking, coupled with a warm personality, fits perfectly
with our executive team. She will be critical in the process of
analyzing the diversity of opportunities that have been presented
to us this year. We're thrilled to have her on our team.”
Prior to joining Mass Luminosity, Rhei served as managing
partner and principal at Arden Capital Management, a financial
structuring firm established in 2020 to address the economic
disruption caused by the COVID-19 crisis and the changing economic
and commercial real estate conditions resulting from the market
dislocation for an under-served clientele: regional/community
banks, non-bank lenders, and their borrowers in the new economic
climate.
Rhei’s previous experience includes serving as the head of
strategic lending in the Americas for Deutsche Bank TCA where she
provided bespoke financing solutions for ultra-high net worth
clients. Before Deutsche Bank, she was head of sourcing for
Stabilis Capital Management, a New York-based distressed debt hedge
fund. Rhei also spent seven years in Goldman Sachs’ Capital Markets
and Special Situations group, 10 years with Citibank’s Fixed Income
Group, and seven years at Societe Generale in Capital Markets and
Commodity Finance. Rhei graduated from New York University with a
degree in finance and information systems.
“I am so excited to join Mass Luminosity’s accomplished and
innovative team, and I look forward to unlocking amazing
opportunities together and cultivating our growth potential,” Rhei
said.
About Mass Luminosity
Mass Luminosity is a technology and experiential company that
integrates brands and people in a unique and powerful way. Its
mission is primarily the defragmentation and enhancement of the
human experience. The company's current subsidiaries include:
GTribe, the leading social media network for technology enthusiasts
and video gamers, located at www.TheGTribe.com. Beacon, a private,
secure, next-generation video and voice communication service for
families, friends and colleagues, and is located at
www.BeaconX.com. Currently in development, BEAM is a next
generation streaming engine that will help usher a new era of
interactivity for live streams, and is located at
www.InTheBeam.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220623005111/en/
Brynn Bagot 214.770.4280 brynn@brynnbagot.com