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OnePak Elects Leasing Industry Veteran Joseph C. Lane as Chairman

October 03, 2012, 06:36 AM

OnePak, Inc., a provider of online equipment returns for original equipment manufacturers and leasing companies, announced the election of Joseph C. Lane as Chairman of its Board of Directors. Lane also brings Sinter Partners, the private equity firm of which he is a founding member, into an investment relationship with OnePak.

"OnePak has revolutionized the end-of-lease returns process for technology-related, medical and copier equipment – offering lessees a convenient and economical full-service pack & ship solution, while providing lessors with data capture and management reporting heretofore unavailable. Through, and other customized sites, OnePak makes the returns process cost effective, uniform, and transparent, minimizing disputes and optimizing efficiencies", said Lane.

Lane has held senior executive and leadership positions in the equipment finance industry for more than 30 years, including roles as President of IBM Credit Corporation / Senior Vice President of IBM, Chief Executive Officer of GE Technology Finance, CEO of GATX Capital and Vice Chairman of Bay4 Capital. He has been Chairman of both the Equipment Leasing & Finance Association (ELFA) and its Foundation (ELFF), and has served on the board of several other commercial enterprises and nonprofit organizations.

Steven Andon, CEO of OnePak, welcomed its new chairman saying, "Joe Lane brings a world-class level of industry experience and executive skill to our early-stage enterprise. He provides the depth and breadth of industry involvement that will help OnePak position its online Return Center as the industry standard for managing asset returns."

OnePak, Inc. is a cloud-based logistics systems company, specializing in equipment returns for original equipment manufacturers (OEMs), leasing companies, and equipment remarketers and recyclers. The company’s “clean-tech” logistics services provide transportation efficiencies that positively impact both the economy and the environment.

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