Jeff Cowan will retire as president of Hitachi Capital America Vendor Services on April 2, 2018. Jim Teal was promoted to president and chief operating officer.

Cowan was a founding partner of Creekridge Capital and became president of HCA Vendor Services when the company was acquired by Hitachi Capital America in June 2016. Cowan’s 20 years of leadership with the company includes several important contributions towards building the company to where it is today.

“I have enjoyed the journey and working with the team here,” Cowan said. “I am excited for Jim and what the future holds for this company.”

Teal has been with the company for 11 years and previously had the title of COO/CCO. Prior to HCA Vendor Services/Creekridge, Teal was the EVP of Finance & Operations at Sunrise International Leasing.

“It is a great privilege to lead this company and I am confident we will continue to provide the service levels and innovation our partners require,” Teal said. “We have a great group of people here and I am grateful to work with them.”