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ELFA Selects Ogden to Receive 2022 Distinguished Service Award

The Equipment Leasing and Finance Association selected Brittany S. Ogden to receive its 2022 Michael J. Fleming Distinguished Service Award. Ogden, who is a partner at Quarles & Brady, will be formally recognized during a ceremony at the 61st ELFA Annual Convention. read more

Volvo Group Appoints Aresund to Executive Board, Frandberg to Step Down

Volvo Group appointed Nina Aresund as a new member of the executive board and executive vice president group legal and compliance. Sofia Frändberg, who Aresund will succeed, will step down from her current role on the executive board after 10 years. read more

Trifleet Leasing Appoints Henstra Managing Director

Trifleet Leasing Holding, a wholly-owned subsidiary of Chicago-based GATX, appointed Erik Henstra managing director. During his previous tenure at LeasePlan, Henstra held various senior roles in finance, commerce and operations. read more

Manufactured Raises $13MM to Expand Inventory Financing, Adds Ivanova as Head of Finance

Manufactured, a manufacturing, finance and distribution company, raised $13 million from Tenacity Venture Capital and TriplePoint Capital to expand its inventory financing solution for consumer brands. Zara Ivanova, newly hired head of finance at Manufactured, is spearheading this new initiative. read more

Truist Equipment Finance Appoints Markel Director of Originations

Truist Equipment Finance appointed Ethan Markel director of originations. Markel will be responsible for commercial banking clients primarily in the Carolinas market.  read more

Greenbrier Appoints Krueger President of Manufacturing Operations

The Greenbrier Companies promoted William Krueger, the current chief operating officer for its manufacturing business, to president of its manufacturing operations. read more

Washington Federal Promotes Holz to Chief Risk Officer

Washington Federal, parent company of Washington Federal Bank, promoted Kelli Holz, a veteran banker and current senior vice president and chief risk officer, to CFO, effective Jan. 1, 2023. She will replace Vincent Beatty, who announced in January that he will be retiring at the end of December. read more

SLR Equipment Finance Adds Gougeon as Director of Asset Management

John Gougeon joined SLR Equipment Finance as a director of asset management. Gougeon has years of equipment finance experience and was last with Bank of America Global Leasing. read more

Medical Equipment Manufacturer Invacare Announces Leadership Changes

Invacare, a manufacturer of medical equipment, named Geoffrey P. Purtill, current senior vice president and general manager in the EMEA and APAC regions, interim president and CEO. The company also appointed Michael J. Merriman Jr. a director and non-executive chairman of the board. read more

Serbun to Retire as President of Retail Banking at Community Bank, Karaivanov Appointed COO

Joseph F. Serbun, president of retail banking at Community Bank will retire after more than 14 years of service. In addition, Community Bank promoted Dimitar Karaivanov to executive vice president and chief operating officer of the company and the bank, effective Oct. 1.  read more

Women in Public Finance Names First Internet Bank’s Clayton Board President for Indiana Chapter

Women in Public Finance (WPF) named Kathryn Clayton, vice president and portfolio manager for public finance at First Internet Bank, president of the board of directors for its Indiana chapter. Clayton has been with First Internet Bank since 2018 and a WPF board member since October 2020. read more

TowneBank Chooses Foster III to Succeed Davis as CEO

TowneBank’s board of directors selected William (Billy) I. Foster III to succeed J. Morgan Davis as CEO. Davis will step down as CEO on Dec. 31 and will retire on March 31, 2023, after assisting with the transition process. read more

Trustmark Introduces New Equipment Finance Line of Business

Trustmark National Bank introduced a new line of business, equipment finance, in its specialty banking division based in Atlanta. Trustmark’s equipment finance team will be led by Joe Hines, who joined Trustmark in June as managing director of equipment finance. read more

Wallwork Financial Appoints Marshall National Sales Director

Wallwork Financial appointed Bradon R. Marshall national sales director. In this role, Marshall will be responsible for driving sales strategy, acting as the key liaison for sales representatives and ensuring that Wallwork meets its growth and sales revenue targets. read more

XPO Logistics Hires Firestone as Chief Legal Officer for RXO Spin-Off

XPO Logistics, a provider of freight transportation services, hired Jeff Firestone as chief legal officer of the North American transportation division of RXO, the planned spin-off of its brokered transportation platform. read more

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