Karsten Loose

Managing Director at Wells Group of New York

Karsten Loose is an accomplished finance executive who recently joined Wells Group of New York (WGNY) as Managing Director and Head of West Coast Practice in June 2023.1 With over 15 years of experience in strategic and operational finance roles, Loose brings a wealth of expertise to his new position at WGNY.3

Professional Background

Prior to joining WGNY, Karsten Loose held several notable positions:

SVP of Finance at Parachute Home, a direct-to-consumer home textiles brand
CFO of FIGS, a premium medical scrubs brand that went public via IPO in 2021
VP of Finance at thredUP, an online secondhand apparel marketplace that also went public in 2021
Vice President in investment banking at Goldman Sachs, advising consumer, retail, and industrials clients on various corporate transactions1

Education

Loose has a strong educational background:

MBA from Stanford Graduate School of Business
Undergraduate degree in Economics with honors from UC Berkeley1 3

Role at Wells Group of New York

As Managing Director and Head of West Coast Practice at WGNY, Karsten Loose is responsible for:

Expanding the company's west coast CFO practice
Overseeing operations in the region
Leveraging his operational experience and corporate finance background to help clients solve critical finance challenges as they scale1

Skills and Expertise

Karsten Loose's areas of expertise include:

Strategic and operational finance
Investment banking
Mergers and acquisitions
Building finance and accounting functions
Investor relations
Legal and HR oversight1

His diverse experience across various industries, including consumer goods, retail, and technology, makes him well-suited for his role at WGNY, a firm that specializes in fractional finance (CFO) and accounting (Controller) services for growing businesses in media, SaaS, healthcare, fintech, food & beverage, and consumer goods sectors.1 2