ABL Advisor presents the second in a new series of blogs summarizing industry personnel announcements covered in the Daily eNews Blast. As with last month, May proved to be a busy month in our industry as readers are certain to note from the number of announcements. Headlines are listed in chronological order beginning with the most recent announcements.
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BMO Harris Bank Opens ABL Office in Atlanta; Hires Elliott as BDO
BMO Harris Bank announced that it has expanded its Asset-Based Lending (ABL) team into Atlanta, with the hiring of Linton Elliott as Director, Asset-Based Lending, BMO Harris Bank.
Karas Named Chief Lending Officer of Triumph Bancorp Subsidiary
Dan Karas has been named Chief Lending Officer of Triumph Bancorp's Dallas-based banking subsidiary, Triumph Savings Bank, SSB, effective July 1, 2014. In this role, Karas will oversee Triumph's lending operations.
SunTrust Robinson Humphrey Extends Corporate Banking Presence to Boston
SunTrust Robinson Humphrey (STRH) announced that it has established a new corporate banking office in Boston and hired veteran New England banker Greg Badger as group head of its Boston-based Northeast Corporate Banking team.
Capital One Names Gifas New Head of Treasury Management’s Innovation Group
Capital One Bank announced the appointment of Jim Gifas as Senior Vice President and Head of Treasury Management’s Product Management & Innovation Group.
Burdale Expands Manchester Team With Structured Finance Appointment
Burdale Financial Limited demonstrated its long-term commitment to the North of England by expanding its team in Manchester through the appointment of Oliver Reece in the role of associate director, Structured Finance.
Full Circle Capital Launches Healthcare Strategies - Gervais, Burklund to Lead
Full Circle Capital announced the appointment of Michael Gervais and Jonathan Burklund as Managing Directors of Full Circle Advisors LLC, the investment advisor to Full Circle Capital to lead its newly launched Healthcare Strategies team.
Gordon Brothers Group Names Muldowney as Chief Financial Officer
Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced today that Michael P. Muldowney has joined the firm as Chief Financial Officer.
Newtek Hires Gartner to Lead Newtek Business Credit
Newtek Business Services announced that it has hired Harold Gartner joins Newtek as President and Chief Operating Officer of Newtek Business Credit.
Keltic Financial Hires Weinstein as Senior Underwriter
Keltic Financial Services is pleased to announce the appointment of David M. Weinstein to its credit team as senior vice president and senior underwriter.
American Capital Forms Lower Middle-Market Group
American Capital, Ltd. announced the formation of the Lower Middle Market Buyout group, led by Sean Eagle, Eugene Krichevsky, David Steinglass and Justin DuFour, who have more than 50 years of collective experience managing and investing in lower middle market buyouts.
Senior Professionals Join Alvarez & Marsal’s Global Forensic and Dispute Services Team
Alvarez & Marsal has expanded its Global Forensic and Dispute Services group with the addition of managing directors John Brennan and Eric Stovall.
SunTrust Robinson Humphrey Expands Corporate Banking Team With Key Hires in Chicago
Wes Frangul, Jonathan Twichell and Mark Wegener have joined SunTrust Robinson Humphrey as managing directors.
Gorin Rejoins Getzler Henrich as Managing Director
Getzler Herinch announced that Robert Gorin has assumed managing director responsibilities at Getzler Henrich & Associates. He will be based in the New York office.
Fairchild Joins Citi Commercial Bank’s ABL Group
Nina Fairchild joins Citi Commercial Bank as a senior vice president based in New Jersey. In her new role, Fairchild will be responsible for expanding asset-based lending relationships throughout the Mid-Atlantic Region.
Crystal Financial Announces Promotion of Five Professionals
Crystal Financial LLC, an independent commercial finance company, announced the promotion of five of its professionals: Christopher Arnold, Andrew Hettinger, Tyler Harrington, Kenny Smith and Timothy Lawlor.
Gibraltar Business Capital Launches Technology Finance Unit
Gibraltar Business Capital announced the formation of Gibraltar Technology Finance and has hired Mark Sperling to serve as vice president of this new group.
Monroe Capital Adds Top Industry Veteran in New York
Monroe Capital announced Lee Stern has joined the firm as Managing Director in its New York office. Previously, Stern was a managing director at Levine Leichtman Capital Partners.
Baartmans Named Managing Director for Supply Chain Finance
Wells Fargo Capital Finance announced that Dave Baartmans has been named managing director for the Supply Chain Finance sales team, moving from a prior role in Wells Fargo’s International Global Banking team.
Crestmark Creates National SBA Division, Adds Key Hires
Crestmark announced the expansion of their SBA loan products with the creation of a division focused entirely on national SBA finance. Jack Talkington, Senior Vice President, will oversee the division. Joining him are Christopher R. Soupal, Vice President and David Maiuri.
White Oak Global Advisors Hires Marzen as Managing Director
White Oak Global Advisors, LLC announced that Allan Marzen has joined the firm as Managing Director of Originations responsible for new investment opportunities for White Oak’s private debt funds.
Bibby Financial Services Appoints New Head of Sales in Florida
Bibby Financial Services announced the appointment of Evan Nadler to Head of Sales for Bibby Financial Services’s Florida-based sales team.