BMO named Jon Biorkman the new U.S. managing director and head of BMO Equipment Finance. Biorkman, who is based in Milwaukee and serves on the board of directors for the Equipment Leasing and Finance Association, previously served in senior roles spanning corporate lending, commercial equipment finance and vendor finance.

“Jon is a highly regarded leader in the equipment finance industry, and under his leadership, the BMO Equipment Finance Company will continue to deliver value for our clients and strategic growth for our business” Dan Clark, U.S. head of vehicle and equipment finance at BMO, said.