CIT Capital Equipment Finance Continues to Grow with Appointment of Industry Leaders
May 02 2016 - 8:30AM
Business Wire
Additional Strategic Appointments Made to
Originations, Underwriting and Asset Management Roles
CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of
commercial lending and leasing services, today announced that CIT
Capital Equipment Finance made several additional appointments
designed to further build a best-in-class team focused on creating
tailored capital equipment financing solutions for middle market
companies.
“These industry veterans will add great value to the CIT Capital
Equipment Finance team across several functions, including
originations and underwriting, and they follow on the key
appointments across the group that were announced earlier this
year,” said Eric Miller, Group Head and Managing Director, CIT
Capital Equipment Finance. “Each of these individuals brings with
them valuable skills and years of equipment lending experience,
which will further enhance our large-ticket equipment lending
platform. I look forward to continuing to build our nationwide
capital equipment finance originations group, with robust
underwriting, portfolio management and operations support, as we
deliver customized financial solutions to our customers.”
The key appointments include:
- William Hayburn, Director:
Hayburn is responsible for originations for Southern California,
Nevada and Arizona. Prior to joining CIT, he was with GE Capital
Corporation for 22 years, where he held positions of increasing
responsibility. Most recently, he served as a Senior Vice President
covering Southern California and specializing in leases, loans and
project financing with a focus on middle market companies. Hayburn
received a BS in Business Administration from the University of
Southern California.
- Michael Verploegh, Director:
Verploegh is responsible for originations for the Midwest region of
the U.S. Prior to joining CIT, he held positions of increasing
responsibility over a 17-year career at GE Capital Corporation,
where he focused on business development and relationship
management while providing equipment financing and working capital
solutions to middle market and large companies. Verploegh received
a BA in Finance from Western Michigan University and an MBA from
the Eli Broad Graduate School of Management at Michigan State
University.
- Stephen Peterson, Director:
Peterson joins CIT Capital Equipment Finance as Director,
Underwriting. Prior to joining CIT, Peterson was with GE Capital
Corporation for 15 years. He has over 25 years of industry
experience that includes equipment financing, corporate aircraft
financing and cash flow lending. He received his BA in Finance from
the University of St. Thomas in Minnesota.
- Rick Dusek, Vice President, Asset
Management: Dusek joins CIT from Capital One Equipment Finance,
where he was the Director of Special Assets for the equipment
management group. He holds a senior accreditation with the American
Society of Appraisers and has over 25 years of asset management
experience. Prior work experience includes 14 years at SunTrust
Equipment Finance and nine years with GE Capital Corporation.
- Beata Nicpon, Contract
Administrator: Nicpon joins CIT as a Contract Administrator.
Previously, Nicpon was with GE Capital Corporation, where she was a
senior transaction coordinator and held roles in the client
portfolio and payoff specialist areas. Prior to working at GE,
Nicpon held a Corporate Service Specialist role at Citi Capital.
Nicpon received her BS in Business Finance Administration from
Mercy College and is currently working toward her MBA from the
University of Connecticut.
About CIT Capital Equipment Finance
CIT Capital Equipment Finance is a leading provider of equipment
financing solutions for middle market companies in a wide range of
industries. CIT Equipment Finance specializes in providing
equipment loans and leases for transactions ranging in size from $5
million to approximately $100 million and more.
cit.com/capitalequipment
About CIT
Founded in 1908, CIT (NYSE: CIT) is a financial holding company
with more than $65 billion in assets. Its principal bank
subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has
more than $30 billion of deposits and more than $40 billion of
assets. It provides financing, leasing and advisory services
principally to middle market companies across a wide variety of
industries primarily in North America, and equipment financing and
leasing solutions to the transportation sector. It also offers
products and services to consumers through its Internet bank
franchise and a network of retail branches in Southern California,
operating as OneWest Bank, a division of CIT Bank, N.A. cit.com
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CIT MEDIA RELATIONS:Matt Klein, (973) 597-2020Vice
President, Media RelationsMatt.Klein@cit.comorCIT INVESTOR
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PresidentBarbara.Callahan@cit.com
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