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In The Marketplace

BY ALM Staff
January 06, 2006

Fitch Ratings of New York has named group managing director Gloria Aviotti as the Head of U.S. Structured Finance. She will assume management responsibilities for all U.S.-based structured finance rating groups as well as lead the longer-term initiative of refreshing and improving analytical models across all securitization products.

Econocom USA, Inc. of Memphis, TN has announced that it has agreed to sell its lease portfolio to Meridian Leasing Corporation, a Chicago-based provider of IT asset and financial management solutions. The sale will allow Econocom to focus its resources on its newest offering: a2z, a comprehensive IT infrastructure services solution for small- to-medium businesses. For Meridian, the purchase will expand its presence in the Southeastern market. As part of the agreement, Meridian will assume service of Econocom lease contracts for clients in 48 states.

Willis Lease Finance Corporation of Sausalito, CA has announced that Monica J. Burke will be leaving the company's full-time employment in mid-January and that it has promoted Robert M. Warwick to Chief Financial Officer from Director of Finance. Prior to joining Willis Lease, Warwick served as the Chief Financial Officer for The Bar Association of San Francisco and was the Controller for Catholic Healthcare West, the eighth largest hospital system in the nation. Warwick has more than 28 years of experience in the accounting profession.

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