Suk Shah
Suk Shah
CEO
Monarch Collective
Suk Shah is currently the Chief Executive Officer of Monarch Collective, one of the largest vacation rental management operators in the US. Founded in early 2022, Monarch has completed 20 acquisitions to date and is one of the fastest growing verticals within StoicLane, a Chicago and Miami based private equity vehicle that has raised over $400M to provide strategic growth capital to owner/operators in across financial services, insurance, and real estate sectors.
Prior to Monarch, Suk was the CFO of Guaranteed Rate, one of the largest and fastest growing retail mortgage lenders in the country. As CFO, Suk oversaw all the finance and capital related functions at Guaranteed Rate, focusing on driving bottom line profitability and enhancing shareholder value while supporting various strategic initiatives including M&A. Under his stewardship, Guaranteed Rate originated over $100B of mortgages in 2021 and generated record profitability.
Prior to Guaranteed Rate, Suk was the CFO of Avant, where he helped build and grow the leading consumer lending platform to “Unicorn” status, helping raise over $600 million in equity and $4 billion in debt capital to fuel the growth of its personal loan and credit card products. Suk also was instrumental in executing the spin-off of Avant’s technology platform, Amount, into a separate business that also achieved “Unicorn” status when WestCap made its landmark investment in the leading financial software platform in 2021.
Prior to Avant, Suk spent over a decade in various leadership roles at General Electric and HSBC Bank. Suk is also a Board member and Chair of the Finance Committee for the national non-for-profit, Start Early, which supports early childhood education and care services for underprivileged children from birth to five years of age. Suk also advises CFOs, start-up founders and early-stage venture funds across several industry verticals and areas of expertise including capital markets and fund raising.
Suk earned dual bachelors degrees in Finance and Management Information Systems from the University of Illinois at Champaign-Urbana and an Executive MBA from Northwestern University. Suk lives in Hinsdale, IL with his wife, Manshi, and their two daughters ages 15 and 12. He is an avid Chicago sports fan and enjoys golf, tennis, and traveling with his family in his free time.