North Mill Equipment Finance promoted Mark Bonanno to president and chief operating officer.
“Mark has been highly influential in helping the business attain record levels of growth since joining the company over four years ago,” David C. Lee, chairman and CEO of North Mill Equipment Finance, said. “During his tenure, he has implemented protocols that have improved efficiency across the organization. He embodies everything that is important to the success of this company. Through his leadership and business acumen, North Mill will achieve its long-term goals. I cannot think of anyone more deserving.”
Bonanno is a certified public account. He joined the company as CFO in September 2016 and was promoted to COO in August 2018. Prior to accepting his role at North Mill, he was CFO at Advantage Funding, a commercial equipment finance company in New York. Prior to that, he spent 16 years at General Electric in various financial management roles, including finance manager of the corporate initiatives group, CFO of Xerox Capital Services and operational controller of GE Energy Financial Services. He is also a graduate of the GE Management Development Course and a Certified Black Belt, Six Sigma.
Headquartered in Norwalk, CT, North Mill Equipment Finance originates and services small-ticket equipment leases and loans ranging from $15,000 to $300,000 in value.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!