Orion First COO, JPMorgan Leadership Changes and Wintrust Commercial Dealer Services Group: Top Personnel Moves in 2024

Of the nearly 650 personnel announcements posted on www.www.www.monitordaily.com in 2024, these are the top 10 in order of reader popularity:

1. Orion First Promotes Marcoe to COO: Orion First promoted Paul Marcoe to chief operating officer. Previously serving as chief technology officer, Marcoe spearheaded major growth and technological advancements, playing a crucial role in Orion First’s success. In his new role, Marcoe will oversee the day-to-day operations of the company, ensuring continued excellence in service delivery and operational efficiency.
2. JPMorgan Chase Announces Multiple Executive Leadership Changes: JPMorgan Chase promoted Jennifer Piepszak and Troy Rohrbaugh to co-CEOs of its expanded commercial and investment bank, in additional to several additional changes to its leadership team.
3. Wintrust Commercial Finance Launches Commercial Dealer Services: Wintrust Commercial Finance (WCF) created a new business group, Commercial Dealer Services. To execute this initiative, WCF hired a team of seasoned professionals led by Mike Jones as senior vice president and group head of business development. Joining Jones are Joel Ruf and Steve Perry as vice presidents of business development, Jeff Utech as vice president of credit and Maria Sanchez as senior operations analyst.
4. GreatAmerica Adds New Team Members to Connected Technology Division: GreatAmerica Financial Services hired strong industry talent into its connected technology division, led by Jonathan Fales, who will serve as vice president and general manager. Fales is a senior executive with more than 47 years of experience in the U.S., Europe and Asia, most recently serving as a divisional president.
5. Thompson Joins Mitsubishi HC Capital America as VP, Head of Direct Sales: Mitsubishi HC Capital America hired Riley Thompson as vice president, head of direct sales. As part of Mitsubishi HC Capital America’s overall strategy to expand the direct leasing portfolio, Thompson will be responsible for originating large ticket equipment leases and loans with corporate clients in diverse industry sectors across North America. Additionally, he will lead and manage a sales team that focuses on developing and promoting new capabilities around fair market value leases and the financing of as-a-service contracts, while cross-selling the broad capabilities of Mitsubishi HC Capital America.
6. Alerus Financial Adds Equipment Finance Team: Alerus Financial expanded its specialty lending capabilities with the addition of an experienced team focused on providing equipment financing to commercial banking clients throughout the company’s geographic footprint. Brian Scott joined Alerus as managing director, Daniel Littlefield joined as a senior credit officer and Michael Ryan joined as operations manager, all within the company’s equipment finance team.
7. Eickhoff Named Head of U.S. Bank Equipment Finance: U.S. Bank appointed Tina Eickhoff as the new head of its equipment finance business. Eickhoff replaced Tony Cracchiolo, who retired after leading U.S. Bank Equipment Finance for the past decade.
8. Summit Funding Group Expands Sales Team with Three Industry Veterans: Summit Funding Group added three industry veterans to its sales team – Rob McKenna, Jamie Halas and Judi Faust.
9. First Citizens Bank Hires Brown as Director, Business Development Officer, Capital Equipment Finance: First Citizens Bank appointed Jon L. Brown as its new director, business development officer, capital equipment finance, according to a LinkedIn post from Brown. In this role, he will cover the southwest, including Arkansas, Louisiana, Oklahoma and Texas.
10. Stonebriar Names New CEO as Fate Steps Down: Stonebriar Commercial Finance appointed Nicholas Sandler as CEO, succeeding fellow co-founder Dave B. Fate, who is stepping down after more than nine years of distinguished leadership. Fate will remain as senior advisor and vice chairman of Stonebriar through 2025.