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Chenitz Joins Amur Equipment Finance as CCO; Amur Posts Record Originations in Q1

April 02, 2024, 07:25 AM

Amur Equipment Finance, Inc. announced the appointment of Rich Chenitz as its Chief Commercial Officer.

With over 35 years of experience, Chenitz brings a wealth of knowledge and a decorated history of driving vendor relationship and origination success. Previously serving as the President of Huntington Vendor Finance and of TCF Capital Solutions, which was acquired by Huntington, he will lead Amur’s nationwide sales function to further expand Amur’s presence in the equipment finance market.

Chenitz's appointment comes at an exciting time for Amur, which set new origination high water marks in Q1, besting the records it had achieved in Q4 2023 and putting Amur firmly on track to achieve over $1B in originations in 2024.

“We are thrilled to welcome Rich to the Amur family,” said Kalyan Makam, Chief Executive Officer. “The timing is spot on - our value and service propositions are resonating with partners and customers and our team is firing on all cylinders. Rich’s expertise and leadership will be vital in helping build Amur’s market footprint and drive into new markets.”

“Having spent time at GE Capital earlier in my career, I am eager to again be part of building a non-bank market champion in the equipment finance space,” said Chenitz. “Amur’s core values of integrity, collaboration, results, and most importantly, fun, align entirely with my own and I look forward to being a part of Amur’s future success.”

Chenitz has previously served in public accounting and consulting at KPMG and Arthur Andersen. He holds a Bachelor of Science in Business Administration from Boston University and an MBA from The Kellogg School at Northwestern University.

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