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Navitas Promotes Bruman to Chief Operating Officer

Navitas Credit promoted Mike Bruman to the newly created position of senior vice president and chief operating officer. Bruman will oversee the daily operations of the company, including credit, operations, sales and marketing. read more

DLL Expands US Transportation Team with Nigh and Schatz

DLL expanded its U.S. transportation team, welcoming Chris Schatz and Derek Nigh. They join U.S. regional sales manager Janet Cooksey to provide support for manufacturers, dealers and users of transportation equipment. read more

The Bancorp Appoints Baugh Chief Compliance Officer

The Bancorp Bank appointed Randall Baugh as managing director, chief compliance officer. Baugh will oversee the bank’s compliance management system. read more

Former President of CNH Industrial Capital Davis Joins DCR Technologies

Brett Davis joined DCR Technologies as construction and agriculture vertical division president to help redefine commercial equipment sales, finance and insurance. read more

American Lease Insurance Names Blais Business Development Manager

American Lease Insurance appointed Nuria Blais business development manager. Blais is a Certified Lease & Finance Professional with more than 10 years of experience in sales, customer service and operations. read more

First Citizens Adds Stanley to Middle-Market Banking Business

First Citizens Bank hired Linda Stanley as a relationship manager for its middle-market banking business. In this role, Stanley will be responsible for developing, maintaining and expanding client and prospect relationships in the middle-market financing sector. read more

McCann Joins Pinnacle Financial Partners as Senior Credit Officer

Scott McCann joined Pinnacle Financial Partners as senior credit officer. In his role, McCann will manage the underwriting and asset management functions for Pinnacle’s equipment and franchise finance lending groups. read more

Wells Fargo Names O’Hara Head of Banking for CIB, Engel Chairman of Banking

Tim O’Hara will join the corporate and investment bank at Wells Fargo on May 9 as head of banking. In addition, Rob Engel, who has led banking since 2014 and joined Wells Fargo in 2005, will assume the new role of chairman of banking. read more

Dime Community Bank Names DeVito SVP, Group Leader

David DeVito joined Dime Community Bancshares, the parent company of Dime Community Bank, as senior vice president and group leader. Recently, DeVito was senior vice president and team leader at People’s United Bank. read more

Encina Equipment Finance Adds Pugliese as VP, Assistant Controller

Encina Equipment Finance added Tina Pugliese to its finance team as vice president and assistant controller. In her role as vice present, Pugliese will focus on accounting and controllership activities as well as special projects within Encina Equipment Finance’s finance team. read more

Neros Joins First Fed Bank as EVP and Chief Lending Officer

Christopher Neros joined First Fed Bank’s executive team as executive vice president and chief lending officer. Neros previously held lending and leadership roles for more than 15 years at Peoples Bank in Bellingham, WA. read more

First Business Bank Promotes Preston to SVP, Director of Treasury Management

First Business Bank promoted Kim Preston to senior vice president and director of treasury management. Preston has been with First Business Bank for 30 years and has more than 35 years of experience in financial services. read more

Dunbar Retires as President & CEO of Wintrust Equipment Finance, Wolinski Chosen as Successor

Richard L. Dunbar will retire as president and CEO of Wintrust Equipment Finance today after a 42-year career in the banking and equipment finance industry. Jeff Wolinski, the current president of Wintrust Capital, will succeed Dunbar. read more

CIT Names Smith Business Development Officer for Capital Equipment Finance

CIT’s capital equipment finance business named Eric Smith a business development officer for the western region. Smith has more than 25 years of experience developing equipment-based financial solutions across a range of industries and financial sales. read more

ELFF Forecasts 4.2% Equipment and Software Investment Growth in 2022

According to the Q2/22 update to the 2022 Equipment Leasing & Finance U.S. Economic Outlook from the Equipment Leasing & Finance Foundation, equipment and software investment is expected to grow by 4.2% and U.S. GDP is expected to grow by 2.8% in 2022. read more

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