SOUTH NORWALK, CT – North Mill Equipment Finance, LLC (“North Mill”), a leading, independent commercial lender in South Norwalk, CT, announced today the promotion of four key employees. The announcement follows North Mill’s banner year in 2019 as the company posted the highest level of originations in its history. The strategic appointments will play a central role in supporting the firm’s rapidly expanding portfolio and growing base of referral agent relationships.
“We recognize the importance of attracting and retaining employees of the highest caliber,” said David Lee, Chairman and CEO, North Mill. “The individuals exemplify our company’s highest standards of integrity and reflect our commitment to excellence. They’re passionate team players who consistently develop new and innovative strategies that support their departments as well as the company’s business model, market alliances and growth initiatives.”
Patty Matthews, a 17-year North Mill veteran, has been promoted from AVP to VP, Portfolio Management, where she’ll continue to supervise the company’s collections and customer service departments. Her position will expand as she dedicates time to further collections efficiency and improve the company’s customer service operation. Ms. Mathews will remain a direct report to North Mill’s EVP and Chief Operating Officer, Mark Bonanno.
Jennifer Khan has been promoted to VP. She joined the company in 2019 as Controller to oversee financial reporting, budgeting, and forecasting functions. Ms. Khan’s responsibilities will broaden as she oversees North Mill’s audit process and provides planning and analytics support for the company’s growth policies. She will continue to report to Pier Snider, CFO, North Mill.
Kristin Solomon has been promoted to AVP, Operations. Her responsibilities have expanded from managing North Mill’s Asset Recovery efforts to include managing and enhancing the company’s Titling and Insurance departments. She will continue to report to North Mill’s EVP and Chief Operating Officer, Mark Bonanno.
Carla Gokey, who joined North Mill in 2015 as an account manager supporting the company’s referral agent relationships, has been promoted to Team Lead, Account Management. Ms. Gokey will leverage her 20-plus years in customer service and account management to evaluate new ways to enrich the relationship management function. She will report to North Mill VP, Customer Relations, Paul Cheslock.
About North Mill Equipment Finance
Headquartered in Norwalk, Connecticut, North Mill Equipment Finance originates and services small-ticket equipment leases and loans, ranging from $15,000 to $300,000 in value. A broker-centric private lender, the company handles A – C credit qualities and finances transactions for numerous asset categories including construction, transportation, vocational, manufacturing, and material handling equipment. North Mill is majority owned by an affiliate of Wafra Capital Partners, Inc. (WCP). For more information, visit nmef.com.
The National Equipment Finance Association (NEFA) is a nonprofit trade association created to represent the equipment leasing and finance industry throughout North America by providing a forum for personal and professional growth through Community, Education and Professionalism.