BANCORPSOUTH ADDS 6 TO EQUIPMENT FINANCE TEAM
Those new to the department included Lori Dean as senior vice president and director of Operations; Whit Ross as vice president and credit manager; Teena Smith as an operations specialist; Shawn Lowe as vice president and equipment finance specialist for Alabama and Tennessee; Zane Burgess as vice president and equipment finance specialist for North and East Texas and Dawn Day as vice president and equipment finance specialist for southern Louisiana, Mississippi, Alabama and Florida.
“Our team of industry veterans has the resources and knowledge to help our customers finance many types of equipment,” said Kyle Gilliam, president of BancorpSouth Equipment Finance and Leasing. “The growth of our team will enhance our efforts to compete in the marketplace and allow us to continue to provide exceptional service.”
Dean, Smith, Lowe and Day are all also Certified Leasing & Finance Professionals.
ENCINA EF ADDS 5 GE VETS TO EXEC TEAM, RELOCATES HEADQUARTERS
ENCINA EQUIPMENT FINANCE hired Martin Ferguson as senior managing director of Capital Markets, Jenn Allred as senior vice president and controller, Helen Steinberg as assistant vice president of Underwriting & Finance and Colleen Bullock as assistant vice president of Operations.
Ferguson will be based in St. Louis, while Allred, Steinberg and Bullock will work from the company’s new headquarters in Westport, CT.
Rick Matte, EEF president and chief commercial officer, said, “We’re excited to continue adding executives of this caliber to our already talented senior management team. Each of these executives has an excellent track record and will contribute significantly as we head into 2019.”
“We also want to congratulate Rick and our entire team for a very successful 2018,” added Willie Brasser, an EEF founding partner. “We look forward to our continued business expansion in our new headquarters and want to thank all of our customers and partners for their business and support.”
Commerce Bank Promotes Green to President, Hires 4 Originators
Following the retirement of Roger May, Commerce Bank Equipment Finance’s president for over 25 years, Jody Green has been promoted from within to president of the company. The bank also hired Mark Brandt, Rob Fischer, Andrea Boyles and Chris Case as originators.
Stonebriar Launches Sponsor Finance Platform; GE Vet Gay to Lead
Stonebriar Commercial Finance announced the formation of its new Sponsor Finance platform. SCF Sponsor Finance will be led by industry veteran Michael Gay as EVP and senior managing director. He will report to SCF President and CEO Dave B. Fate.
Balboa Capital Appoints Industry Vet Grant as VP, Portfolio Management
Direct lender Balboa Capital appointed James Grant VP, Portfolio Management. In this role, Grant will focus on growing Balboa Capital’s commercial financing, working capital loan and equipment vendor financing business and will work at the company’s headquarters in Costa Mesa, CA.
Wells Fargo Equipment Finance Promotes Dore to Chief Credit Officer
Wells Fargo announced that James Dore was promoted to chief credit officer of its Equipment Finance group. Effective immediately, he succeeds Andrew Rupprecht, who retired in September after 23 years with the company. He will be based in Boston.
Bank of the West Vet Evans Joins Verdant to Lead Business Development
Verdant Commercial Capital hired John Evans to initiate business development efforts across the key verticals of Specialty Vehicle, Construction, Technology, Industrial and Office Solutions. Evans will concentrate his efforts on building relationships with OEM’s, distributors and dealers in identified segments.
Dext Capital Adds TCF Vet to Sales Team
Dext Capital hired Melissa Woltz as sales relationship manager. Woltz has extensive experience in originating vendor and dealer direct business in the healthcare, fitness and material handling industries.
North Star Leasing Hires Three New Members for Growing Team
Equipment finance provider North Star Leasing hired Joe Bannick as senior business development manager, Justin Ward as a business development specialist and Bobbie Sauter as a marketing specialist.
CIT Names Managing Director to Lead Maritime Finance Business
CIT Group named Evan Cohen managing director and group head for its Maritime Finance business. Cohen will lead a team of underwriting and business development professionals in building new client relationships and generating and closing loans secured by vessels and other maritime assets.
Hitachi Capital America Names Glickstern to Structured Finance Division
Hitachi Capital America hired Todd Glickstern as director of Originations for the Structured Finance Division. In his new role, he will be responsible for originating and managing structured finance transactions, as well as large-ticket equipment leases/loans and leveraged loans.
Wells Fargo Hires JPMorgan Vet Van Beurden as Head of Technology
Wells Fargo named Saul Van Beurden head of Technology, a new role Wells Fargo announced in October 2018. Van Beurden will join the company in April and will be based in New York City. He will report directly to Wells Fargo CEO and President Tim Sloan.
Element Fleet Chairman Tobin to Step Down
Element Fleet Management announced that Chairman Brian Tobin departed at the end of 2018. With the assumption of increased responsibilities as vice chair of BMO Financial Group, Tobin tendered his resignation as chairman and director of Element. The company’s Compensation and Corporate Governance Committee began a search to find a candidate to replace Tobin.
Peapack-Capital Appoints Mattaliano as VP/Sr. Underwriter, Equipment Finance
Anthony Mattaliano joined Peapack Capital, a subsidiary of Peapack-Gladstone Bank, as VP, senior credit underwriter, responsible for the evaluation and due diligence of new and existing equipment finance and leasing clients and preparation of loan proposals.
Vision Financial Group Promotes Summers to CEO
Vision Financial Group, d/b/a VFG Leasing & Finance, a privately held independent equipment leasing and finance company founded in 1991, promoted William P. Summers to CEO. Summers succeeds Frederick S. Summers, his father and founder of VFG, who will continue his role as chairman of VFG.
Wells Vet Jangula Joins Merchants Bank Equipment Finance as VP, Senior Regional Finance Manager
Mark Jangula joined Merchants Bank Equipment Finance as vice president and senior regional finance manager, according to Rick Barry, MBFF president.
CAN Capital Hires Marlin Alum Siciliano as CEO
CAN Capital, a small business specialty finance company, appointed Edward J. Siciliano CEO. Siciliano brings over 30 years of experience in commercial financing, sales, marketing and operations. Siciliano most recently worked at Marlin Business Services, where he served in various roles, including chief operating officer, interim CEO and EVP and chief sales officer.
Stonebriar Promotes Three Key Staff Members
Stonebriar Commercial Finance promoted Dirk N. Stock to vice president, Portfolio, Harrison P. Smith to investment manager and Ryan Ellis to director in the Real Estate Group.
U.S. Bank Vet Higgins Named CIOO for MUFG Union Bank, MUFG Americas
Christopher P. Higgins will join MUFG as chief information and operations officer for MUFG Americas Holdings and its U.S. banking subsidiary, MUFG Union Bank. He will be based in New York and report to President and CEO for MUFG Americas Steve Cummings.
Onset Financial Promotes Haynes to President of Lease Operations
Onset Financial promoted Melinda Haynes to president of Lease Operations. Previously, she served as SVP of Product Management. In her new role, Haynes will oversee all lease operations at Onset Financial, manage department leadership and track analytics to ensure all processes are streamlined and effective.
Wintrust Commercial Finance Hires Swearingen as Financial Analyst
Wintrust Commercial Finance hired Mark Swearingen as a financial analyst. In this role, Mark will be responsible for transaction underwriting, documenting and portfolio management of equipment-based loans and leases.
Wells Fargo Capital Finance Adds Ludwig to Government Services Group
Wells Fargo Capital Finance announced that Chad Ludwig joined the Government Services Group. Based in McLean, VA, Ludwig will report to Samantha Bloom, Government Services relationship team manager.
Wintrust Commercial Finance Adds Reeves, Whitlock as Sr Ops Analysts
Wintrust Commercial Finance announced Tammee Reeves and Christina Whitlock joined the division’s operations department as senior operations analysts.
GE Vet Soto Promoted to Webster Chief Credit Officer
Webster Bank promoted Jason Soto to SVP, chief credit officer. He will report directly to Daniel Bley, EVP and chief risk officer.
JP Morgan Vet Joins Regions’ Financial Services Group as a Managing Director
Regions announced that Leo Loughead joined the firm as a managing director, reporting to Tom Dierdorff, senior vice president and group head of Financial Services and managing director of Regions Securities.
Gerber to Join ORIX Aviation as General Counsel
Dean N. Gerber became general counsel of ORIX Aviation, an aircraft lessor, aviation investor and aircraft asset manager. Gerber had previously represented and counseled ORIX Aviation on a variety of legal matters at Vedder Price.
CoreTech Hires Reinhart as SVP of Operations and Syndications
Independent technology and equipment lessor CoreTech Leasing brought Candace J. Reinhart aboard the executive leadership team as SVP of Operations and Syndications.
Two Healthcare Industry Veterans Join Dext Capital Sales Team
Dext Capital hired Tim Vertz and Lou Haboush as senior sales and business development managers to originate business opportunities in the healthcare space.
Wintrust Commercial Finance Adds Crompton to Capital Markets Team
Wintrust Commercial Finance added Andre Crompton to its Capital Markets group, serving as SVP of Indirect Originations. Crompton will be located in WCF’s New Jersey office and will join a national team led by Tom Forbes, SVP and head of Capital Markets.
GE Capital Vet McCarthy Joins Key Equipment Finance as SVP
Dave McCarthy joined Key Equipment Finance as SVP of the federal finance team in the Government Finance division. In his new role, McCarthy will utilize his government contracting and leadership experience to help grow the division and capitalize on the solid growth achieved by the team.
M&T Bank Appoints TD Vet Brum as VP, Sr. Equipment Finance Rep
M&T Bank appointed Tony Brum VP, senior equipment finance representative for the bank in New England. He joins M&T Bank from TD Equipment Finance where he supported Northern and Southern New England commercial teams by providing financing solutions for business clients.
Marlin Names Industry Vet Bogansky Chief Financial Officer
Marlin Business Services named Michael R. Bogansky SVP and chief financial officer. In his new role, Bogansky will have responsibility for managing all of Marlin’s accounting, financial reporting and investor relations activities and will report to Jeffrey Hilzinger, Marlin president and CEO.
Verdant Hires GE Vet to Support Construction & Industrial Vendor Partners
Verdant Commercial Capital hired Josh Snider as VP, relationship manager, to support vendor relationships in the Construction and Industrial verticals.
Encina Business Credit Builds Out Western Region, Hires Industry Vets
Encina Business Credit made several key personnel moves aimed at accelerating the already significant growth that the company experienced in 2018, including the hiring of Matt Grimes as senior managing director, West region leader. Grimes will be based in Los Angeles and will report to Rob McMahon, EBC’s chief commercial officer.
Wright Joins ENGS as Transportation Business Development Manager
ENGS Commercial Finance announced that Lance Wright joined as business development manager in its Transportation Finance Division. Wright previously worked with Bravo Capital and TEAM Funding Solutions.
Element Fleet Appoints Denison New Chairman
Element Fleet Management announced that David Denison joined its Board of Directors and will assume the role of chairman on January 1, 2019. Denison brings a wealth of experience in corporate governance and a distinguished track record as a leader. He currently serves as a director and head of the audit committee at Royal Bank of Canada.
CIT Names Rubino President of CIT Bank, Head of Commercial Banking
CIT Group announced that Robert Rubino was named president of CIT Bank, the banking subsidiary of CIT, and head of Commercial Banking. Rubino will join the company’s Executive Management Committee and report to Chairwoman and CEO Ellen R. Alemany.
TimePayment Appoints GE Vet as Director of Strategic Alliances
Fintech company TimePayment appointed Sue Monfore to the senior sales team. With almost 30 years of experience in the financial services industry, Monfore will lead TimePayment’s vendor and manufacturer strategic alliances for the western half of the U.S.
City National Bank Promotes Adair to Lead Franchise Finance Group
City National Bank promoted Stuart Adair to manage the bank’s nationwide franchise finance group. Adair leads a dedicated Franchise team offering the bank’s full suite of products and services, including loans, treasury management and capital markets products, to franchised restaurants throughout the nation. Adair succeeds David Sandoval, who is retiring.
BNP Paribas Promotes Three Executives
BNP Paribas Leasing Solutions recently made several executive changes and promotions, including the appointment of Pascal Layan to deputy CEO, Wolfgang Pinner to chief data officer and Delphine Roché to director of transformation and IT. Layan simultaneously joined CEO Charlotte Dennery on the general management committee.
ENGS Commercial Capital Adds Julius as SVP, Business Development Manager
ENGS Commercial Capital announced that Lorraine Julius joined as SVP, business development manager. In this role, Julius will be responsible for new business origination and other business development objectives in the Western U.S.
Dext Capital Adds Key Credit and Operations Personnel
Dext Capital hired Kristina Kinyon and Lynda Wilson as senior credit and operations managers to build and support the growth of the business from Dext’s newly opened headquarters in Portland, OR.
Stonebriar Names Kaptur Managing Director of Originations
Thomas Kaptur joined Stonebriar Commercial Finance as managing director of Originations. Based in Chicago, Kaptur will manage Stonebriar’s direct originations efforts throughout the Midwest. Prior to joining Stonebriar, he originated large-ticket equipment secured loans and leases for Ally Financial.
McComas Joins ENGS as Business Development Manager, Transportation
Meghan McComas joined ENGS Commercial Finance as business development manager in its Transportation Finance Division. She will be responsible for developing new dealer and customer relationships in addition to leveraging existing relationships in Chicago and Southern Illinois.
Insight Financial Services Adds GE Vet to Enterprise Sales Team
Insight Financial Services announced the continued expansion of its enterprise sales team with the addition of Mike Graziadei as VP, senior account executive. Graziadei will support IFS’ leadership and continued growth in the enterprise market.
L’Herault Joins Hitachi Business Development Team
Greg L’Herault joined the business development team of Hitachi Business Finance. He will be based in Denver and concentrate his efforts on attracting new asset-based lending, syndication and factoring clients across the United States.
Trinity Industries CFO to Step Down, Lovett to Assume Role
Trinity Industries announced that James E. Perry, the company’s current SVP and chief financial officer, notified the company of his intention to pursue other opportunities. Melendy Lovett will succeed Perry after he steps down.
GSG AMR Adds Romano to Executive Management Team
GSG AMR, the asset management and remarketing division of GSG Financial, announced the addition of Jeff Romano as SVP, Asset Management and Remarketing. Romano will be responsible for supporting the execution of the division’s vision and growth strategy and report to President Andrew A. Bender.
Chanthavong Joins First Foundation as a Lease & Loan Servicing Specialist
Keo Chanthavong joined First Foundation Bank as a lease and loan servicing specialist in its Equipment Finance Department.
Umpqua Promotes Namdar to Chief Credit Officer
Umpqua Holdings promoted Frank Namdar to chief credit officer. He will join the executive leadership team and will assume responsibility for credit risk, special assets, appraisal services and credit approval-related functions for Umpqua Bank and its subsidiary Financial Pacific Leasing.