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April Personnel Headlines

April 30, 2014, 07:00 AM

The Equipment Finance Advisor editorial staff presents this exclusive monthly Personnel Headlines blog summarizing industry personnel announcements covered in the Daily eNews Blast during the month of April. Headlines are listed in chronological order beginning with the most recent announcements.

To read the full press releases, please click any of the headlines.

To submit your company's press releases, click here.

Fifth Third Expands Capital Markets Capabilities
Fifth Third Bancorp announced that Fifth Third Securities, Inc. (Fifth Third Securities) has agreed to bring Challenger Capital Group’s team of M&A professionals to Fifth Third Securities. The team will be headed by Mike Burr.


GE Capital Fleet Names VP of Sales in Western U.S
GE Capital Fleet Services announced that it has named Shannon May as vice president of sales - West region, based in Denver, Colo. 


Cracchiolo Named President, CEO of U.S. Bank Equipment Finance
U.S. Bank announced that Anthony Cracchiolo has been named president and CEO of U.S. Bank Equipment Finance, one of the largest bank-affiliated equipment finance companies in the United States.


Loeb Term Solutions Adds New Business Development Officer
Loeb announced the addition of Dave Wanders to the Loeb Term Solutions team as its newest Business Development Officer.  He joins Jim Newman, Managing Partner and the rest of the team in focusing on expanding the financial arm’s equipment-based lending portfolio.


Pine Brook Opens Houston Office, Expands Energy Sector Focus
Pine Brook, a New York-based investment firm focused on building businesses in the energy and financial services sectors, announced the opening of a new office in Houston, Texas. The office will be staffed by Michael McMahon, Richard (“Dick”) Stoneburner, Martin Houston, and Claire Harvey.


Balboa Hires Three Veteran Finance Directors, Expands Corporate Financing Division
Balboa Capital announced the appointment of Michael Curtis, Robert Harris and Dale Schwartz as directors of specialized markets for the company’s corporate financing division.


DDI Leasing Expands Sales and Marketing Team
DDI Leasing, an independent equipment lessor and financing company, announced three additions to its sales and marketing team: Ella Krishtal, Brandon Garofalo and Dean Tanaka. 


Zions Equipment Leasing Adds Business Development Specialist in Northwest
Judd Lemmon has joined Zions Equipment Leasing department as an account executive, based out of Zions Bank’s Idaho headquarters. In this role, Lemmon is responsible for developing equipment leasing relationships with businesses in northern Idaho as well as portions of Oregon, Washington and Montana.


TIP Capital Specialty Markets Group Adds Larson to Sales Team
TIP Capital announced the hire of leasing industry professional Michael Larson as Vice President of National Accounts for the Specialty Markets Group, which works with equipment manufacturers, vendors and dealers nationwide.


Capital One Bank Expands Mid-Market Commercial Banking Team in Metro D.C.
Capital One Bank announced the appointment of Kate Marcotte and Andrew Brkic as Commercial Banking Relationship Managers for Capital One Bank. They will be based in the McLean, VA office and report to Bryan Pynchon, Market Manager.


Ambrose Joins Santana Equipment Trading’s Sales Team
Santana Equipment Trading Company hired Jason Ambrose to join its growing sales team as a District Sales Manager.  Ambrose will be primarily involved in the wholesale purchasing and sales of industrial machinery in various regions of the United States.


Aasand Joins LeaseTeam as Account Manager
LeaseTeam announced the addition of Tara Aasand to their account management team.  Aasand brings with her 11 years of industry experience and a passion for customer service. She will be managing existing account relationships including creating and maintaining account strategies, product/program support and recommendations for new products and services.


CIT Appoints Friant Managing Director of CIT Corporate Finance, Energy
CIT Group Inc. appointed Todd Friant Managing Director of CIT Corporate Finance, Energy, effective immediately. He will be responsible for leading the origination efforts for senior lending opportunities in the oilfield services and midstreamsub-sectors.


Katon Appointed Head of Regions Bank Capital Markets
Regions Bank announced that Terry Katon has been appointed executive managing director and head of Regions Bank Capital Markets. Previously Katon was managing director and group head of the commercial syndications business and head of origination for Regions' broker-dealer subsidiary, Regions Securities, LLC. Katon will continue to lead these businesses in his new role.


Med One Capital Expands Leasing Sales Group
Med One Capital recently welcomed three new members to their leasing sales group – Ethan Peavey,  Tim Loftis, and  Paul Cartwright join the Med One Capital leasing sales group in various positions.


Nations Equipment Finance Adds VP of Sales in Western Region
Nations Equipment Finance (“Nations”) announced that Jennifer Vanderveen has joined the company as Vice President of Sales. In this role, Jennifer will be responsible for Nation’s lease and loan origination activities in the Western Region


EverBank CF Expands Technology and Office Products Teams
EverBank Commercial Finance announced that Christopher DiBello has joined their technology division as a relationship manager, reporting to Jeff Teucke, platform leader. DiBello, based in Massachusetts, will support IT value-added resellers and original equipment manufacturers throughout New England.


Somerset Capital Expands Ground Support Equipment Division
Somerset Capital Group, Ltd. announced the addition of Neil Bennett as Vice President and General Manager for the company’s expanding Ground Support Equipment Division.


ePlus Appoints New President of ePlus Group
ePlus inc.  announced the appointment of Chad Fredrick as president of ePlus Group, inc., its subsidiary that provides financial solutions and services. Mr. Fredrick brings more than 20 years of sales leadership, transaction structuring, and market development experience.


Ivory Consulting Appoints Ellis VP, Sales and Business Development
Ivory Consulting Corporation announced Jeff Ellis has joined the company as vice president, sales and business development. Jeff will be tasked with helping new and existing customers adopt new technologies for pricing complex leases and loans in the cloud and on mobile devices.


Creekridge Capital Announces Addition to Sales Team
Creekridge Capital has grown their healthcare sales team by adding Hillary Whannell as a Regional Sales Manager.  Ms. Whannell will be responsible for identifying, implementing and managing healthcare vendors within Creekridge’s Central Region


Saffire Named First Niagara EVP of Commercial Financial Services
First Niagara Financial Group named Joseph Saffire to serve as executive vice president, commercial financial services. Saffire brings more than two decades of commercial banking experience to the regional bank holding company and its executive leadership team.

Founder / Publisher | Equipment Finance Advisor
Michael Toglia is the Founder, Publisher and CEO of Equipment Finance Advisor.

Michael Toglia's experience in commercial finance spans over 30 years having held various roles in senior management, business origination, capital markets and commercial credit underwriting. Prior to entering the publishing industry, Toglia served as Vice President of Capital Markets and as the National Sales Manager for both the Equipment Finance and Asset-Based Lending Divisions of Textron Financial Corporation. He also held various roles with General Electric Capital and CIT Group.

Toglia currently serves as Marketing Chair for the TMA Philadlephia/Wilmington Chapter. Toglia served as the Executive Director/CEO of the National Equipment Finance Association from 2018-2020 and has been an active member of the Equipment Leasing and Finance Association having served two terms as a member of the Service Providers Business Council Steering Committee.

Toglia holds a Bachelor’s Degree in Accounting and an M.B.A. in Finance.

Contact Michael Toglia at 484.380.3184 or

[  View APN Profile for Michael Toglia  ]

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