Meet Our Management Team
Stacey J. Schacter as President and Chief Legal Officer of VION Investments manages the acquisition and collection of consumer and commercial debt. Since 1990, Stacey has focused on receivable buying, servicing and collections in the financial services industry, serving as President and Chief Executive Officer of Briannaco Investments; President of OSI Portfolio Services; President, Chief Executive Officer and Chief Legal Officer of EMCC, Inc.; and attorney and advisor to several debt and receivable purchasing firms.
Mr. Schacter was a practicing attorney from 1988 to 1999 concentrating in Corporate, Securities, Securities Litigation, Mergers and Acquisitions, Specialized Asset Acquisition, International Business Transactions, Technology, Real Estate, Business Reorganization, Workouts, Bankruptcy (Chapter 11), Commercial, Banking and Restructuring. Mr. Schacter is a member of the Ohio and Massachusetts Bar; is authorized to practice before the U.S. Supreme Court; and has passed the CPA Exam.
Mr. Schacter has had several publications and speaking engagements on the economy and its effects on the receivables industry, collection practices, and bankruptcy. He is a former member of the Debt Buyer's Association Board of Directors and most recently was Chair of its Certification Task Force to create standards for the debt purchasing industry resulting in the first published standards for debt buying in the United States. He is currently a member of the American Bar Association Business and Securities Committee.
David Reak joined VION Investments in January 2010 as COO. David is a 20-year veteran of the Accounts Receivable Industry with more than $5 billion in purchasing and sales expertise. As COO, David is responsible for implementation/integration and portfolio management of VION performing and non-performing receivables.
Prior to joining VION, David was EVP of Portfolio Purchasing at West Asset Management of Atlanta, GA. where he was responsible for purchasing, sales, and management of the West Asset Management portfolios.
With the Metris Companies, David held the position of Chief Credit Officer where his scope of responsibility included risk management, collections, credit operations, fraud and recovery, and management of more than 2,000 employees. His expertise in underwriting, portfolio management and risk operations helped grow Metris Companies from a start-up in 1995 to more than 4 million customers within seven years.
David's experience includes positions with Friedman's Jewelers, Intrepid Capital Partners, PeopleSupport, and twelve years at American Express with responsibilities in collections, recovery, finance, and global risk management.
David holds a B.S. degree in Business Administration from State University of New York College at Brockport, a BS in Finance from Florida State University, and is a Certified Public Accountant.
Chief Compliance Officer
Neil L. Brodsky as Chief Legal Officer of VION Investments provides strategic legal direction and counsel with respect to the acquisition and collection of portfolios of accounts receivable. In addition, as Chief Compliance Officer he is responsible for VION's licensing and legal compliance, as well as the management of litigation and disputes.
Prior to joining VION, Neil served as Senior Corporate Counsel for Granite Telecommunications, LLC, the nation's largest business-to-business competitive local exchange carrier. At Granite, Neil provided the primary legal counsel and risk analysis in connection with the negotiation of a diverse range of commercial agreements, oversaw all regulatory and compliance matters, and managed all of Granite's litigation.
Prior to joining Granite Telecommunications, LLC, Neil served as the Vice President of Business Development and General Counsel of EMCC, Inc., and devoted his efforts on identifying and evaluating performing and non-performing debt portfolios for potential purchase, as well as overseeing EMCC's legal and regulatory practice.
Prior to joining EMCC, Neil was an associate with the Boston office of Duane Morris LLC focusing his practice on representing clients in the sale or acquisitions of assets and business and representing high-tech and emerging growth companies, as well as venture capital funds, in the capital formation and investment process. Prior to that, Neil was an associate with Hinckley, Allen & Snyder LLP in Boston. Neil holds a B.S. degree in Marketing from Miami University, Oxford Ohio and a Juris Doctor from Boston University School of Law.
Based in VION's Atlanta headquarters and reporting directly to the COO, Ms. Karcher focuses on statistical modeling of potential investment opportunities and performance analysis of existing VION receivable portfolios. She also plays a key role in the development of best-in-class operational processes for managing the VION portfolio suite.
Prior to joining VION, Ms. Karcher was Vice President of Portfolio Analysis with West Asset Management. Prior to West, Cheryl worked with GE Money (formerly known as GE Capital) in Database Marketing, Credit Bureau Relations, and Recovery Strategy. She began her career in 1996 with Equifax building statistical scoring models and business solutions for Retail and Finance clients.
Ms. Karcher holds a Masters in Statistics from The University of South Carolina and Bachelors in Statistics from University of South Alabama.
Based out of the VION's Atlanta headquarters, Mr. Van Vacter focuses primarily on creating operational efficiencies, performance reporting, and turn-key analytic solutions to support all aspects of VION's business.
Prior to joining VION, Jason most recently worked at West Asset Management, where he was a key contributor in analytics and forecasting within the Purchasing Division. Prior to West, Jason worked for three years within the Recovery Divisions of Compass Bank and GE Money respectively. He has a strong background in collections, and has had hands-on experience with Legal, Agency, and Asset Sale strategies and processes. Jason also brings a superior blend of programming skills, logical thinking, and positive attitude that will make him an invaluable asset to the company as we grow.
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Edward Wu serves as Managing Director and established and leads VION's New York office. His responsibilities include transaction execution and strategic initiatives, including client relations with VION's significant client base in the New York market, and contributing management of VION's Portfolios Purchases and Receivables Based Funding Services.
Mr. Wu has wide experience in the full corporate transaction lifecycle including debt financings, buyouts / change of control, and distressed restructurings. His areas of expertise are financing and purchasing of financial assets including subprime loans, receivables factoring, sale-leasebacks, and secondary insurance products.
Edward is well known and widely respected in the international banking and investment industries. He commands a singular expertise in receivable assets and has the ability to see through highly complex challenges to develop creative — and often groundbreaking — financing solutions. He is a frequent speaker at conferences on topics of Structured Credit, MiddleMarketLending, Specialty Finance, Asset-Based Lending, and Distressed Restructurings.
Prior to joining VION, Edward managed debt and equity portfolios at Revere Capital, Reservoir Capital and Harbert Management, where he also served on numerous Ad Hoc and Official Creditor/Bondholder and Equityholder Committees for numerous Chapter 11 reorganizations/restructurings.
Edward holds a BA (Magna Cum Laude) from Duke University and a JD, Corporate Law from Harvard Law.
VION Consulting LLC
Anthony Azizeh joined VION Investments in 2010 and currently leads VION’s Advisory & Consulting division. In addition, he provides data analytics and business development support to VION's primary debt management investment business.
Prior to joining VION, Anthony managed all accounts receivable consulting services and investment analytics for EMCC, Inc. (Schottenstein Group). He began his career with the CIT Group in 2001 as a senior financial analyst, providing corporate-level accounting and financial support for CIT’s equipment financing division.
Anthony holds a B.S. degree in Economics from Western Washington University and a Master’s of Business Administration degree from the W.P. Carey School of Business at Arizona State University. Anthony also holds several technical certificates and is currently a member of the Beta Gamma Sigma society.
VION's management team is among the most experienced and respected in the Receivables Management industry.
Chief Compliance Officer
VION Consulting LLC