Crestmark announced the promotion of Jack Talkington to Crestmark Chief Financial Officer. In his new role, he will be responsible for overseeing Crestmark’s Accounting department, and Interest Rate Risk Management/Funding and Special Projects areas. He has been tasked with bringing innovation and efficiency to these departments and functions. With this move, Talkington also joined the Crestmark Executive Committee.
Talkington joined Crestmark in 2008 with the acquisition of Commercial Capital Lending. While at Crestmark, as Senior Vice President of Special Projects, he has led many initiatives that have been instrumental to Crestmark’s growth and success. Most recently, in early 2014 he launched the company’s SBA Division, and was integral in the acquisition of the TIP Capital leasing business in October 2014. Talkington has extensive business experience that ranges from an entrepreneur starting a new company, to growing established businesses. Prior to Crestmark/Commercial Capital Lending, Talkington worked for Deloitte & Touche, in savings and loan institutions, and in the mortgage industry. Talkington has a B.A., Accounting, and is a licensed CPA.
“Jack is ideal for this position,” said Dave Tull, Crestmark CEO. “His intelligence, eagle eye for detail, and affable manner has been of great value to Crestmark; and these characteristics will be a great asset to our company in his new role.”
“I look forward to this new opportunity with Crestmark,’ said Talkington. “I’m glad to be a part of helping the bank meet its goals and expectations.”
Crestmark is an FDIC-insured bank that provides innovative financial solutions for businesses nationwide. Financing solutions include asset-based lending, accounts receivable financing, lines of credit, term loans, factoring, machinery/equipment financing and equipment leasing. Crestmark has extensive experience in helping many industries including transportation, manufacturing, staffing, petrochemical, government contractors, apparel/footwear/furniture distribution/manufacturing, hospitality/hotels, insurance agencies, and technology hardware/software. Headquartered in Michigan, with additional offices in California, Florida, Louisiana, Tennessee, New York, and Illinois; and representatives nationwide.