North Mill Equipment Finance, an independent commercial equipment lessor located in Norwalk, CT, promoted 10 employees across several departments in the organization.
James Cavallaro, a 15-year North Mill veteran, was promoted to vice president of contract administration. Working as a liaison between brokers and internal staff, Cavallaro will govern the funding process from wing to wing, ensuring transactions are compliant and processed accurately. He will focus on new programs to expand and diversify North Mill’s portfolio.
Ellen Miller was promoted to vice president of legal. Miller, who is celebrating her 20th year at the company this month, will manage outside counsel and negotiate settlements. Additionally, she will supervise the company’s collections team, focusing on reducing losses and implementing measures that improve customer service.
Jeff Schick, who recently joined North Mill, was promoted to vice president and operational controller. Schick will manage a $300 million lease and loan portfolio and direct a team of four portfolio accountants. He will oversee cash application and balancing, new originations and modifications, contract maintenance, and efficiency initiatives.
Michael Deck was promoted to assistant vice president of credit. North Mill assigns a team of experts to review each deal. Deck will help administer this process and the underwriting of the nearly 20,000 applications per annum North Mill receives. He will be responsible for the larger-sized, more complex submissions.
Ben Tishelman was promoted to assistant vice president of operations. He will develop internal processes designed to boost productivity and operational efficiency. He will manage technology-related programs such as the company’s customer portal and phone system.
Griffin Dulligan was promoted to manager of credit. He will join the group that underwrites North Mill’s transaction flow. He will manage more intricate transactions and cross-train other members of the team.
Pierina Silvestre was promoted to manager of insurance and asset management. She will oversee all insurance-related issues. In addition, she will manage the company’s GPS initiative and streamline department processes.
Douglas Jackson and Sabrina Walker were each promoted to manager of contract administration. They will review new deals to ensure company guidelines are met and prepare funding packages for transactions ready to close.
Evan Worley was promoted to manager of credit. He will assess risk and make recommendations regarding the decisioning of applications. He will also present larger-sized “application plus” deals to management.
“I’m proud and excited to recognize so many people for their outstanding performance,” David C. Lee, chairman and CEO of North Mill Equipment Finance, said. “There are a number of factors that have contributed to North Mill’s vigorous growth over the last few years, but nothing is more meaningful to the long-term success of this company than our employees. The level of passion and dedication that emanates from the team is inspirational.”
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