Major players in the equipment finance, manufacturing and technology industries announced leadership changes in February.
Wells Fargo bolsters equipment, vendor finance divisions
Wells Fargo has appointed Matt LeSage vendor finance leader, spearheading the division alongside Dave O’Neill, according to a Feb. 18 company release. Previously, LeSage led Wells Fargo’s commercial banking sales enablement team.
Wells Fargo also promoted Ben McCarrick to head of equipment and vendor finance underwriting from underwriter senior manager, according to a Jan. 27 company release. He will replace Steven Dorman, who is retiring this month.
James Schulte, who has been head of market coverage originations for Wells Fargo Equipment Finance since August, was promoted to managing director of the division.
McCarrick will oversee about 200 people focused on underwriting and originations across equipment and vendor finance. Schulte will manage more than 50 people, developing leasing and sales initiatives, assisting in new client acquisition and strengthening existing customer relationships.
Kubota Tractor elevates Barcuch
Kubota Tractor, the U.S. marketing and distribution arm of agriculture equipment manufacturer Kubota, promoted Stephen Barcuch to executive director of sales, effective Feb. 17, according to a Feb. 7 company release. He replaced Donald Lowe, who is now vice president of North American sales for Kioti Tractor, according to LinkedIn.
Barcuch has been with Kubota for 12 years, most recently as senior director of Kubota’s Central Division. He will oversee the company’s annual sales strategies and dealer development organization.
Tamarack lifts Fisher to director of data engineering
St. Paul, Minn.-based Tamarack Technology, an equipment finance software and solutions provider, promoted Jeremy Fisher to director of data engineering from manager of that division, according to a Feb. 25 company release. The change was effective immediately.
Fisher is tasked with optimizing data collection and storage infrastructure for Tamarack’s AI product platform while continuing to oversee the company’s data engineering team.
Fischer joined Tamarack in 2022 as a senior data engineer and has been crucial to developing and enhancing the company’s data solutions to support equipment financiers, according to the release. He previously held tech roles at Robins Kaplan, New Era Technology and 3play Media.
Atlantic Union taps Nott to head equipment finance team
Richmond, Va.-based Atlantic Union Bank has promoted Brad Nott to national sales manager of its equipment finance division from head of wholesale banking operations and administration, effective immediately, according to a Feb. 20 release.
Nott will spearhead business development strategies through the direct origination channel of equipment leases and loans.
Nott joined Atlantic Union in 2018 as a commercial banking market executive, according to his LinkedIn profile. With more than 35 years of industry experience, he has also held leadership roles at Xenith Bank and Bank of America.
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