Univest Capital President Bill Clark will retire on March 31, 2025, after nearly two decades with the company, the firm announced. Clark, who co-founded Univest Capital in 2006, has played a key role in its growth from a startup to a business managing approximately $250 million in net outstandings.
Clark initially served as Chief Operating Officer before being named President in 2018. Under his leadership, the company, a subsidiary of Univest Bank and Trust Co., expanded its role in equipment financing for businesses and municipalities.
Upon Clark’s retirement, Mark Kelly, who currently serves as Senior Vice President and Commercial Sales Team Leader, will be promoted to President of Univest Capital.
“As a cofounder of Univest Capital, it was fun starting a company from scratch and creating value for our customers, employees and Univest’s shareholders,” Clark said. “The past 19 years have been fulfilling and I am very proud of what we’ve built. The team is in great hands, and I am confident the company will continue to succeed under Mark’s leadership.”
“I am very excited to take over the role as President of Univest Capital and continue to move our organization forward,” Kelly said. “Thanks to Bill’s tremendous leadership over nearly two decades, we are poised for many more years of success.”
Univest Capital, Inc. is a subsidiary of Univest Bank and Trust Co., Member FDIC, Equal Opportunity Lender
