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Professionals On The Move...

June 30, 2014, 07:00 AM

Equipment Finance Advisor presents the equipment finance industry's exclusive summary of personnel headlines covered in the Daily eNews Blast during the month of June. 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.

Nations Equipment Finance Expands Presence in Southwest
Nations Equipment Finance, LLC (“Nations”) announced that Francois van Reede has joined the company as Senior Vice President. In this role, Francois will be responsible for Nation’s lease and loan origination activities in Arizona, Colorado, Utah, Nevada and New Mexico.


Onset Financial Hires Allen as VP of Lease Operations
Onset Financial has hired Kristina Allen as VP of Lease Operations. With over 12 years of banking and lease documentation experience, Kristina's extensive background further solidifies the strength of Onset's lease documentation team.


TD Bank Names Team Leader in Restaurant & Franchise Finance Group
TD Bank, has named Michael A. Vallorosi as Vice President, Team Leader in the Restaurant & Franchise Finance Group, based in Ramsey, N.J. He is responsible for leading and managing a team of loan originators providing financing to restaurant franchisees across the TD Bank footprint.


Ritchie Bros. Names New Chief Executive Officer
Ritchie Bros. Auctioneers announced that its Board of Directors has appointed Ravi Saligram as the Company's new Chief Executive Officer. Mr. Saligram will succeed Peter Blake, who will be leaving the Company in July.


GE Capital HFS Names Leader of Life Sciences Finance
GE Capital, Healthcare Financial Services (HFS) has named Brett B. Haring leader of its Life Sciences Finance business, which has committed more than $2.3 billion in debt and equity financing to 500+ emerging healthcare companies since 2000.


Stephenson Appointed CEO of De Lage Landen
De Lage Landen (DLL) announced that William F. (Bill) Stephenson has been appointed Chief Executive Officer and Chairman of the Executive Board of De Lage Landen.


AmeriQuest Promotes Garcia to VP, New Business Development
AmeriQuest Business Services announced Rob Garcia has been promoted to the position of Vice President, New Business Development, reporting to David Nitzsche, Senior Vice President of Supply Management.


Key Equipment Finance Names VP Business Development, Innovation Markets
Key Equipment Finance has named Kenneth C. Blanck vice president, business development, innovation markets. In this role, Blanck will provide equipment financing solutions to innovation markets, including water and energy.


Key EF Names VP, Business Development, Emerging Technology
Key Equipment Finance has named Amy Gestal (Gross) vice president, business development. In this role, Gestal will focus on providing equipment finance solutions to emerging technology vendors.


Key EF Names Edwards SVP, Business Bank Sales Leader
Key Equipment Finance has named Scott Edwards senior vice president and business bank sales leader. In this role, Edwards will manage the business bank sales team as it provides equipment financing solutions to manufacturers and businesses.


PNC Names Alch SVP to Lead West Region Team
PNC Bank announced the addition of Michael Alch as senior vice president of equipment finance’s west region team. Alch is based in the Chicago area where he will lead his team, as they provide equipment financing solutions to middle market companies.


CIT Rail Appoints SVP and General Manager, Locomotives
CIT Group Inc. announced that CIT Rail, a full service lessor and owner of one of the youngest, most diversified fleets of rail assets in North America and Europe, appointed Ken Pierson as Senior Vice President and General Manager, Locomotives.


SquareTwo Financial Names Chief Compliance Officer
SquareTwo Financial, a leader in the $100 billion asset management and recovery industry, has named Julie Fellows chief compliance officer. In this role, Fellows will
lead all regulatory compliance initiatives for the company and its branch offices.

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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