John Evans, vice president and business development manager of Verdant Commercial Capital, will retire, effective June 30. A financial services veteran, Evans has spent more than 40 years working in the equipment financing industry.

Evans’ career began in Boston with BayBanks and later BankBoston. After working in leadership roles at several other financial institutions, he joined Bank of the West, where he was executive vice president and division executive of the equipment finance division. He has also been a member of the Equipment Leasing and Finance Association board and Vendor Business Council.

Equipment leasing was a newer field for banks when Evans started working in banking. “Equipment leasing gave me an alternative to the traditional side of banking,” Evans said. “Initially, I was attracted to structuring tax leases. Then as my career focused on vendor finance, I enjoyed building relationships and financing programs with equipment OEMs and dealers.”

After spending most of his career in banking, Evans felt the industry had changed. In 2018, he had the opportunity to join Verdant. “I was interested in being part of a new vendor finance-focused independent company. Verdant’s business model intrigued me because it offered key service improvements. Verdant grew tremendously during my five years of working here, and I am very happy to have been a part of the Verdant team.”

Evans has been responsible for West Coast sales for Verdant’s industrial equipment financing, focusing on construction and material handling clients, such as OEMs, dealers and other customers.

“John has been a real asset to Verdant and its growth over the past five years. I have high admiration for someone like John who succeeded in more than 40 years in this industry,” Mike Rooney, CEO of Verdant Commercial Capital, said. “He showed confidence in Verdant in our early years and has taken on many roles to help us as we expanded. We appreciate John’s flexibility and contributions and wish him well in his retirement.”