White Oak Names Zwerman Director of Originations, ABL Division

White Oak Commercial Finance appointed Evan Zwerman as director of originations for the firm’s asset-based lending division. He will be based in New York.



Wells Fargo CEO and President Sloan to Retire

Wells Fargo’s CEO and president Timothy J. Sloan will retire from the company, effective June 30, 2019, and will step down as CEO, president, and board member effective immediately.

J.P. Morgan Appoints Kresse Head of CCBSI International Banking

J.P. Morgan appointed Andrew Kresse as head of CCBSI International Banking, expanding its commercial banking business in the European and Asia-Pacific markets.

GE Capital Vet Allin Joins Encina as Managing Director

Encina Business Credit added Jim B. Allin as a managing director. Allin will be responsible for leading origination efforts in Texas and Louisiana.

Harberts Joins Encina as Sr. Managing Director/Head of Underwriting

Bond Harberts joined Encina Business Credit as senior managing director and head of Underwriting. He will be based out of Encina’s headquarters in Chicago and report to CEO Marty Battaglia.

CIBC Adds Rosenstrauch to San Francisco ABL Team

CIBC named Derek Rosenstrauch managing director of Business Development, Northern California Region, for its Asset-Based Lending Group.

Israel Discount Bank of New York Names Graham CFO

Israel Discount Bank of New York named Scott Graham chief financial officer.

Presidential Financial Hires Tim Hanchett as BDO in Detroit

Presidential Financial hired Tim Hanchett as a business development officer in Detroit. He will be responsible for originating, structuring, and funding asset-based financing solutions for middle-market businesses in the Midwest and Great Lakes regions.

Triumph Bancorp Names Brenner New CEO of Triumph Business Capital

Triumph Bancorp has named Geoffrey P. Brenner chief executive officer of Triumph Business Capital. Brenner joins Triumph Business Capital from TPC, a healthcare services company based in Plano, TX.

Harm Joins CIT as Commercial Services Managing Director

Neal Harm joined CIT Group’s Commercial Services business as managing director overseeing strategy, business development and project management. 

Hercules Capital Appoints Meyer CFO

Hercules Capital appointed Seth Meyer CFO. Meyer will report directly to Manuel A. Henriquez, Hercules chairman and CEO.

Raisig Joins Capital One Long Island Commercial Lending Team

Gary Raisig has joined Capital One’s Middle Market Banking group on Long Island, NY as a senior vice president and relationship manager.

Prudential Capital Appoints Hemsey PCEP MD

Prudential Capital has appointed Debra Hemsey as managing director of Prudential Capital Energy Partners.

White Oak Business Capital Hires Apicella as SVP

White Oak Business Capital hired Carol Apicella as senior vice president and senior business development officer. Apicella will be responsible for expanding the firm’s markets in the Northeast and Mid-Atlantic.