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
Volvo Financial Services appointed José Olimpio vice president of remarketing and asset management responsible for developing the strategic direction for the sale of used trucks and equipment. read more
Volvo Financial Services appointed Brian Dumbill chief risk officer responsible for managing the global portfolio, asset management and remarketing, operational control and enterprise risk management for the company. read more
Volvo Financial Services appointed Patrick Shannon president of the company’s North American region. In this role, he will be responsible for the business operations and financial performance for VFS in Canada, Mexico and the U.S. read more
Nearly two years ago, the COVID-19 pandemic forced the equipment leasing industry to continue to provide essential finance solutions to business owners while following necessary safety protocols to protect the health of employees, partners and customers. Those protocols involved limiting... read more
It is a basic human instinct to take care of others when something bad happens. While taking action when we see a stranger drop a dollar bill or leave their cell phone behind is easy enough, we often freeze when... read more