Beam Global partnered with Volvo Construction Equipment to bundle Beam EV ARC off-grid charging systems with the purchase of Volvo electric equipment. Volvo Financial Services can be utilized to lease or finance the bundled EV ARC and compact electric machines. read more
Volvo Financial Services appointed Daniel Homem de Mello as senior vice president of global marketing and communication. Mello returns to the Volvo Group after two years of leading the marketing function of a large transport and logistics company in Brazil. read more
The Volvo Group made a $41 million investment in North Carolina’s Piedmont Triad to purchase and expand the building housing its U.S. Uptime Center, which will now also serve as the new global headquarters for Volvo Financial Services. read more
John Rakocy, senior vice president of corporate development for Volvo Financial Services, will retire. The announcement comes 40 years to the week since Rakocy began his career. Rakocy will remain in his role until the end of 2021. read more
The Equipment Leasing and Finance Association unveiled details about ELFA Credit & Collections Management LIVE!, an interactive virtual conference that will be held June 7 to June 8 and focus on "managing risk in a new world.” read more
The Equipment Leasing and Finance Association awarded Bonnie Michael, vice president of legal and compliance USA for Volvo Financial Services, the Edward A. Groobert Award for Legal Excellence. read more
MAY 5, 2021 - 6:38 am
string(11) "Sohini Roy "
string(26) "Board Member & Former CFO"
string(15) "Nexseer Capital"
Monitor sits down with the leaders of eight companies in the equipment finance ecosystem to learn more about their diversity, equity and inclusion initiatives. These leaders outline strategies for creating an inclusive workplace, hiring and retaining diverse talent, and creating internal programs and community partnerships that engage employees in DE&I initiatives. ... read more
The Equipment Leasing & Finance Foundation announced the 2021 officers of its board of trustees, including Scott Thacker, CEO of Ivory Consulting, as chair; Nancy Pistorio, president of Madison Capital, as vice chair; Zack Marsh, CFO of Orion First Financial, as secretary/treasurer; and Ralph Petta, president and CEO of the Equipment Leasing and Finance Association, as president. read more
Monitor, the leading source of information for the equipment finance industry, announced the members of its 2021 Editorial Board. Ten new members will join the board and four members will continue from Monitor’s inaugural editorial board. read more
As the United States reckons with its long history of racial injustice against Black citizens, the overwhelmingly white equipment finance industry must take a look at its own shortcomings in creating opportunities for Black people. ... read more
In this year’s surveys, Monitor posed a new question about philanthropic activity. Guest editor Tawnya Stone checks in with three of the top equipment finance companies that have created a purposeful strategy to serve their communities. ... read more
Shortly after taking the helm of the Volvo Group’s global captive finance company, Marcio Pedroso faced the onset of a global pandemic, with markets and society in lockdown, and finance volumes coming to a halt. His plans for the future would need an edit. ... read more
In Monitor’s most recent livestream, five African American leaders in the equipment finance industry provided insights and solutions to the lack of Black representation, inclusion and advancement in the industry. read more
The very skills and behaviors continuous innovation requires are not commonly taught in professional development circles. Building a bridge to shape our future necessitates developing “soft” skills that enable high performance — and that can be messy. Tirza Hollenhorst is... read more
Saurin Shah has been in the equipment finance industry for more than 20 years, starting from his days with GE Capital all the way to his most recent endeavor: heading up recently launched MidCap Equipment Finance, a sister company to... read more