Leasing Industry Veteran Bill Purcell to Head Molloy Associates New Executive Search Division

Molloy Associates, the executive search firm exclusively serving the equipment finance industry, has launched an Executive Search Division. The newly formed division will be led by Bill Purcell, who most recently served as Managing Director, Group Head, Byline Financial Group.

Purcell has more than 30 years of executive management experience in the equipment finance industry. He spent 15 years at U.S. Bank Equipment Finance including tenure as U.S. Bank EF’s President & CEO.

“Bill knows exactly what it takes to build and lead a successful equipment finance company,” said Lisa Rafter, co-owner of Molloy Associates. “His deep, hands-on knowledge of the skills required to excel in a C-level and executive role will provide our clients with invaluable expertise.”

Purcell will join Molloy Associates as Senior Vice President, Client Partner. “I’m thrilled to join Molloy Associates, an established leader in the equipment finance recruitment space,” Purcell said. “I’m looking forward to building out the executive search division and delivering the exceptional C-level talent our clients need to lead their organizations.”

“For over 50 years, Molloy Associates has been placing quality candidates in every functional department of equipment finance companies,” said Jim Gavaghan, Senior Vice President, Client Partner at Molloy Associates. “With the addition of Bill’s expertise, we are expanding our focus on executive positions while continuing to deliver quality candidates for every vital role in the industry, including sales, credit, asset management, operations and legal roles.”

In 2018, Molloy Associates celebrates its 50th year of providing exceptional executive search services to employers in the equipment finance and leasing industry, offering deep industry knowledge and unparalleled access to prospective candidates. Molloy Associates has successfully recruited executives for the top Monitor 100 companies from within and outside the industry. Molloy Associates recruiters endeavor to understand each client’s needs fully and provide quality candidates (not quantity) during the search process.

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