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Huntington Technology Finance Expands Leadership Team

June 16, 2015, 07:15 AM

Huntington Technology Finance appointed industry veterans, Jay Axelson and Tim Vertz, to its senior management team in a move to further strengthen business development and sales as North America’s leading provider of equipment financing and asset management solutions. 
Axelson rejoins Huntington Technology Finance from Winthrop Resources Corporation and will oversee sales and strategy for the Western U.S. as regional vice president of sales. Vertz, who joins Huntington Technology Finance from Zevacor Molecular, will forge strategic relationships within the healthcare industry as vice president of business development.
“We are committed to continued investment in strategic initiatives that strengthen our overall value to customers, colleagues and business partners. Chief among them is our pursuit of sales and business development talent across all regions and business lines to complement our existing team of experienced professionals,” said Huntington Technology President Greg Goldstein. “We are excited to have Jay and Tim join our management team. They have an expansive breadth and depth of industry experience and expertise and know what it takes to drive new growth for our business.”
As one of the largest brand-independent technology financing companies for nearly three decades, Huntington Technology Finance is building on a long history of growth and financial performance following acquisition by Huntington Bancshares. As part of that effort, Axelson and Vertz’s significant experience and in-depth market knowledge will help further initiatives including concentrated investment in broadening Huntington Technology Finance’s sought-after capabilities across the technology and healthcare space.  Additionally, they’ll guide the company’s investment in deeper customer relationships with the presence of new account managers in Arizona, Arkansas, California, Illinois, Indiana, Minnesota, and New Jersey.
Together Axelson and Vertz bring nearly 70 years of experience to Huntington Technology Finance.
Axelson has held a variety of progressive roles over his 31-year career, initially serving within the national accounts division of IBM Corporation. His focus then turned to technology and healthcare leasing, with more than 20 years serving at companies including Comdisco, Meridian Technology Leasing, GE Capital Computer Leasing, Brentwood Credit Corporation, Varilease Technology Finance, Relational Technology Solutions and Macquarie Equipment Finance. Axelson has a bachelor’s degree in management and finance from the University of Minnesota.
Over the last 35 years Vertz has served in a variety of roles involving healthcare capital equipment sales and sales management, capital equipment financing, healthcare project financing, consulting & advisory services, and new center business development at companies including: MEI Healthcare Capital, DVI, Inc., Toshiba America Medical Systems, Advanced Technology Labs, Inc., Circadian Corporation, and UNITEK – Bristol Myers. Vertz holds a bachelor’s degree in international management from The University of New Mexico, Robert O. Anderson School of Management.

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