Fausto Mercado Joins ASG to lead Credit and Collections

Associated Supermarket Group (ASG) named Fausto Mercado as its new Vice President of Credit and Collections. He is succeeding Dennis Stickley and will be reporting to Pema Tshering, Chief Financial Officer of the Company.

Mercado previously served as Director of Credit and Collections at Goya Foods and brought over 20 years of a diversified background in Finance, specializing in accounts receivables, FDCPA compliance, and operations. Mercado will be a member of ASG’s Credit Committee in his new role.

“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.

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“Fausto understands the culture of family business and entrepreneurship, which are core values for ASG. He will play a critical role in 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.

ASG has more than 60 years of service in small, medium-independent supermarkets in New York and other regions of the United States.

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. ASG’s supermarket banners include Associated, Associated Fresh, Compare, Compare Fresh, Met Foods, Met Fresh, Metropolitan City Market, Pioneer, and other independently named stores.