After 40 years of new business development in the equipment finance and leasing industry in the Greater Philadelphia area, Eric Kraheck retired. Most recently, Kraheck served at M&T Bank for almost nine years.

Kraheck began his career at CIT, where he worked for 10 years. He held positions at Meridian Bank prior to its CoreStates merger, PNC, Sovereign Bank (now Santander) and CoBank-Farm Credit Leasing before joining M&T.