Amur Equipment Finance Appoints Chenitz CCO, Reports Company Record in Originations in Q1/24

Amur Equipment Finance appointed Rich Chenitz chief commercial officer.

Chenitz has more than 35 years of experience, previously serving as the president of Huntington Vendor Finance and TCF Capital Solutions prior to its acquisition by Huntington. Chenitz will lead Amur’s nationwide sales function in order to further expand Amur’s presence in the equipment finance market.

Chenitz’s appointment comes after Amur achieved new origination high water marks in Q1/24, besting the company records it achieved in Q4/23 and, according to the company, putting it firmly on track to achieve more than $1 billion in originations in 2024.

“We are thrilled to welcome Rich to the Amur family,” Kalyan Makam, CEO of Amur, said. “The timing is spot on — our value and service propositions are resonating with partners and customers and our team is firing on all cylinders. Rich’s expertise and leadership will be vital in helping build Amur’s market footprint and drive into new markets.”

“Having spent time at GE Capital earlier in my career, I am eager to again be part of building a non-bank market champion in the equipment finance space,” Chenitz said. “Amur’s core values of integrity, collaboration, results and most importantly, fun, align entirely with my own and I look forward to being a part of Amur’s future success.”

Chenitz previously served in public accounting and consulting at KPMG and Arthur Andersen.

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