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Greenbrier Appoints Tekorius CEO, Furman to Transition to Executive Chair

Greenbrier Companies appointed Lorie Tekorius its next CEO and president, effective March 1, 2022. On the same date, William A. Furman, co-founder, chairman and current CEO of Greenbrier, will assume the newly created role of executive chair until his retirement. read more

Bank OZK Hires Lyons to Launch Equipment Finance and Capital Solutions Group

Bank OZK hired Jim Lyons to launch its equipment finance and capital solutions group as managing director. The new group will provide an array of equipment-oriented collateral products, including equipment finance and lease structures. read more

Wintrust Commercial Finance Reaches $3B in Originations Since Inception

Since its founding in April 2015, Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance, has generated more than $3 billion in funded and managed volume, leading to a CAGR of 30.5%. read more

Verdant Commercial Capital Reaches $1B in Originations Since Founding 2017

Verdant Commercial Capital surpassed its first $1 billion in equipment financing originations. This milestone means that Verdant has helped its equipment vendor business partners finance more than $1 billion in equipment for their customers. read more

Wintrust Specialty Finance Hires Shipley as SVP and Chief Sales Officer

Craig Shipley joined Wintrust Specialty Finance, a division of Beverly Bank & Trust Company, as senior vice president and chief sales officer. Shipley will be located in Chicago and will focus on the growth of Wintrust Specialty Finance’s wholesale and vendor channels. read more

Oakmont Capital Services Launches Broker Services Division, Hires Koltes and Renneker

Oakmont Capital Services added a broker services division and Missy Koltes, CLFP, joined the company as broker services specialist to co-lead the division with Jim Peach. In addition, Oakmont added Tabitha Renneker as a business development officer. read more

Q4 Update to ELFF’s Outlook Forecasts 13.2% Growth in Equipment Investment in 2021

Owing largely to the burst of business activity in the spring and early summer that came in part thanks to rising vaccination rates, equipment and software investment is expected to grow 13.2% this year, according to the Q4 update to the Equipment Leasing & Finance Foundation’s 2021 Equipment Leasing & Finance U.S. Economic Outlook. read more

Honour Capital Adds Kriewall and Noonan to Sales Team

Kyle Kriewall and Joe Noonan joined Honour Capital’s sales team. Kriewall previously worked for the Toro Company, while Noonan, who joined Honour Capital as vice president of sales, previously worked for TLC Companies, TCF Equipment Finance and GE Commercial Finance. read more

Vantage Financial Adds Professionals in Sales, Accounting, Credit and Lease Administration

Vantage Financial added eight new employees in a variety of departments, including sales, accounting, credit and lease administration, during the last several months. read more

Crossroads Equipment Lease and Finance Adds Cohen as Chief Risk Officer

Crossroads Equipment Lease and Finance hired Mike Cohen as its new chief risk officer, effective immediately. Prior to joining Crossroads, Cohen was most recently the chief credit officer for Mitsubishi HC Capital. read more

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