CLEMMONS, N.C., Aug. 1, 2016 /PRNewswire/ -- Sheffield
Financial, a division of Branch Banking and Trust Company, today
announced Jeff Ellison has been
named president effective Aug 1. This
position was held previously by Jack
Snow who will continue to serve as Sheffield's CEO.
"We are fortunate to have Jeff in this very important leadership
role as he brings a wealth of proven leadership and experience to
Sheffield," Snow said. "His extensive knowledge of this industry
and career accomplishments will be a strong asset for continuing
our future growth and momentum."
Ellison, 54, joined BB&T in 1984 as part of the management
development program. He has served in a number of roles at BB&T
including business services officer, market executive and retail
banking manager. In 2002 he was named senior credit officer for
BB&T's Florida Region and in 2004 moved to the East Florida region. Since 2009 he has been
president of Mortgage Warehouse lending in Orlando, Fla.
A graduate of the University of North
Carolina-Chapel Hill, he received a bachelor's degree in
business administration and finance. Ellison has served a variety
of community organizations in leadership capacities including
American Red Cross, Lions Clubs, Rotary Clubs, Junior Achievement
and United Way.
About Sheffield Financial
Clemmons, N.C.-based Sheffield
Financial is a division of Branch Banking and Trust Company, which
is a subsidiary of BB&T Corporation (NYSE: BBT). Sheffield,
which has financed more than $16
billion in loans since its founding in 1992, currently
services more than 30,000 outdoor power equipment, power sports and
trailer dealers nationwide. The company provides retail financing
options in all 50 states for over 250 manufacturers of outdoor
power equipment, trailers and power sports equipment, such as
snowmobiles, all-terrain vehicles, side-by-side vehicles,
motorcycles and personal watercraft. For more information about
Sheffield Financial, visit SheffieldFinancial.com.
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SOURCE Sheffield Financial