Northstar Hires Lebovics as President, Tsiobanos as VP



Northstar Leasing, a Chesswood Group company, announced former CIT executives Danny Lebovics and Bill Tsiobanos have joined as president and vice president of Business Development, respectively.

“The addition of Danny and Bill complements Northstar’s experienced management team and completes the build out of Northstar as it focuses on a national market presence in non-prime equipment finance” said Barry Shafran, Chesswood’s president and CEO.

Lebovics comes to Northstar from MultiSource Capital, a small ticket funder, where he was president and launched that company’s product offering to the broader broker market in Canada. Prior to MultiSource, he held senior leadership positions with CIT and its predecessor Newcourt.

Before joining Northstar, Tsiobanos was vice president with Syneron, a manufacturer of medical laser equipment, where he developed and oversaw finance programs in North America, Europe and Asia. Prior to Syneron, Bill held sales leadership positions with CIT and its predecessor Newcourt.

Northstar, founded in 1983, is a long-standing non-prime commercial equipment finance company, located in Barrie, Ontario.


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