Fausto Mercado Joins Associated Supermarket Group to Lead Credit and Collections

FOR IMMEDIATE RELEASE

CONTACT:             

Michelle Mendoza

516-256-3100

michelle.mendoza@asghq.com

Fausto Mercado Joins Associated Supermarket Group to lead Credit and Collections

Innovation and efficiencies for the next phase of the company’s growth

Port Washington, NY, January 26, 2022 –Associated Supermarket Group (ASG), is proud to announce its new Vice President of Credit and Collections, Fausto Mercado. He is succeeding Dennis Stickley and will be reporting to Pema Tshering, Chief Financial Officer of the Company. Fausto Mercado previously served as Director of Credit and Collections at Goya Foods and brings over 20 years of a diversified background in Finance; specializing in accounts receivables, FDCPA compliance and operations. In his new role, Fausto will be a member of ASG’s Credit Committee.

“We are excited to welcome Fausto to the ASG family as we look to elevate our Credit and Collections department by introducing innovations to improve our procedures while maintaining our focus on customer relationships and personalized service. Fausto brings a wealth of knowledge and experience that will bring the department to the next level”, said Joe Garcia and Zulema Wiscovitch, Co-Presidents and Co-CEOs of ASG.

”Fausto understands the culture of family business and entrepreneurship, which are core values for ASG. He will play a critical role with streamlining the lending and collections process” commented Pema Tshering.

Fausto Mercado is a Business Administration and Management graduate of Montgomery College and serves on the advisory board of Seton Hall University School of Business

***

Fausto Mercado, Vice President of Credit and Collections at Associated Supermarket Group

About ASG:

Associated Supermarket Group provides retail solutions to independently owned grocery stores in the Northeast and mid-Atlantic regions, providing distribution, marketing, merchandising, promotional services, and store financing. A relationship with ASG allows independently owned and operated stores to take advantage of the economies of scale normally available only to larger supermarket chains. ASG’s supermarket banners include Associated, Associated Fresh, Compare, Compare Fresh, Met Foods, Met Fresh, Metropolitan City Market, Pioneer and other independently named stores.