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In the Marketplace
Synovus Bank of Columbus, GA, has created an Equipment Financing Group targeted to small, middle, and large commercial banking customers. The group will be based in Charleston, SC, and will be headed by John Geist, who has been named president. He previously served as president of Leasing and Equipment Finance of Bank of America. Joining Geist are Tad Herrin, Bill Orr, Ricky Mims and Jim Shaw, who also worked at Bank of America. In addition, Chris Legris joins from Textron Finance.
Madison Capital of Owings Mills, MD, has named Mark Caplan chairman, and Allan Levine, formerly COO, president. Nancy Pistorio will continue in her leadership role as executive vice president, as will Kandi Laufert, as CFO. Madison Capital is a provider of lease financing for vehicles and equipment.
The Alta Group has named Steven E. Byrnes as a managing director. He will be responsible for leading Alta's new Application Consulting Practice. Byrnes was formerly a principal and leader of Capgemini's North American Diversified Lending practice. The new practice reflects Alta's increased emphasis on leveraging operations and technology to achieve the primary business objectives of equipment leasing and asset finance companies. It is designed to guide clients from strategy through to execution, with business solutions and supporting technologies. Specific services include business practice review and re-engineering; business process transformation; information technology assessment and strategy; and system selection, implementation, and process optimization.
Huntington Bank of Columbus, OH, has promoted Michael DiCecco to president of Huntington Equipment Finance. DiCecco first joined Huntington in 2001 and most recently served as chief commercial officer and equipment finance product line executive. Since joining Huntington, DiCecco helped to launch the bank's equipment finance division and drive its growth to more than $2.4 billion in assets and more than $1.4 billion in annual new business volume. He will report to Rick Remiker, executive vice president and executive managing director of Specialty Banking. DiCecco oversees a team of 68 professionals offering clients expertise in business aviation, railcar, lender finance and municipal finance.
Marlin Business Services Corp. of Mount Laurel, NJ, has named Bryce S. Ray as chief lending officer of Marlin Business Bank, a wholly owned subsidiary. Ray will be based at the bank's headquarters in Utah, reporting directly to Raymond Dardano, president of Marlin Business Bank. Ray's responsibilities will include portfolio management and further expanding Marlin's credit underwriting services and capabilities. Prior to joining Marlin, he was vice president of credit at Optum Bank.
National Leasing Group Inc. of Winnipeg, Manitoba, Canada, has appointed Tom Pundyk as the company's new president. Nick Logan, National Leasing's long-serving president and CEO, will maintain the title of CEO through a transition period expected to end in the latter part of 2014. Pundyk joined National Leasing in its formative stages and has been part of the company's growth and success for the past 38 years. His previous roles at National Leasing included executive vice president, sales & marketing, as well as more than 20 years as COO.
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Synovus Bank of Columbus, GA, has created an Equipment Financing Group targeted to small, middle, and large commercial banking customers. The group will be based in Charleston, SC, and will be headed by John Geist, who has been named president. He previously served as president of Leasing and Equipment Finance of
Madison Capital of Owings Mills, MD, has named Mark Caplan chairman, and Allan Levine, formerly COO, president. Nancy Pistorio will continue in her leadership role as executive vice president, as will Kandi Laufert, as CFO. Madison Capital is a provider of lease financing for vehicles and equipment.
The Alta Group has named Steven E. Byrnes as a managing director. He will be responsible for leading Alta's new Application Consulting Practice. Byrnes was formerly a principal and leader of
Huntington Bank of Columbus, OH, has promoted Michael DiCecco to president of Huntington Equipment Finance. DiCecco first joined Huntington in 2001 and most recently served as chief commercial officer and equipment finance product line executive. Since joining Huntington, DiCecco helped to launch the bank's equipment finance division and drive its growth to more than $2.4 billion in assets and more than $1.4 billion in annual new business volume. He will report to Rick Remiker, executive vice president and executive managing director of Specialty Banking. DiCecco oversees a team of 68 professionals offering clients expertise in business aviation, railcar, lender finance and municipal finance.
Marlin Business Services Corp. of Mount Laurel, NJ, has named Bryce S. Ray as chief lending officer of Marlin Business Bank, a wholly owned subsidiary. Ray will be based at the bank's headquarters in Utah, reporting directly to Raymond Dardano, president of Marlin Business Bank. Ray's responsibilities will include portfolio management and further expanding Marlin's credit underwriting services and capabilities. Prior to joining Marlin, he was vice president of credit at Optum Bank.
National Leasing Group Inc. of Winnipeg, Manitoba, Canada, has appointed Tom Pundyk as the company's new president. Nick Logan, National Leasing's long-serving president and CEO, will maintain the title of CEO through a transition period expected to end in the latter part of 2014. Pundyk joined National Leasing in its formative stages and has been part of the company's growth and success for the past 38 years. His previous roles at National Leasing included executive vice president, sales & marketing, as well as more than 20 years as COO.
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