San Francisco, CA. July 21, 2015 - ATEL Leasing Corporation is pleased to announce the addition of three key employees to ATEL’s ongoing expansion of its direct sales force. Jeffrey Barry, based in Chicago, Raymond Buckley based out of ATEL’s San Francisco corporate headquarters, and Derrick Bavol based in Sarasota, Florida all join as Senior Vice President, Lease Origination.
The hiring of Mr. Barry, Mr. Buckely and Mr. Bavol continues the next phase of ATEL’s decisive expansion plan to grow its Origination team. These three individuals bring to ATEL over $10 billion of experience in facilitating equipment financing transactions.
“Jeff, Ray and Derrick are accomplished industry veterans with sterling reputations and extensive relationships. These qualities are essential ingredients needed to accomplish ATEL’s 2015 goal of doubling volume, while maintaining a disciplined approach to serving Fortune 1000 companies,” said Ken Fosina, ATEL Leasing Corporation Executive Vice President.
Prior to joining ATEL, Mr. Barry was a Vice President at BBVA Compass Equipment Finance. Mr. Barry also has held similar positions at PNC Bank, ICX Corporation, MetLife Capital, and McDonnell Douglas Finance. Mr. Barry holds a BA in Economics from Wabash College and an MBA from the Mendoza School of Business at the University of Notre Dame.
Prior to joining ATEL, Mr. Buckley was Director of Origination, Western Region for NXT Capital. Prior to NXT Capital, he spent 7 years as a Senior Vice President in General Electric Capital’s Equipment Financing Services Group. Mr. Buckley holds a BS from Babson College.
Prior to joining ATEL, Mr. Bavol ran the Southeast Region for Kingsbridge Holdings, LLC. Prior to Kingsbridge Holdings, he spent 23 years as President of Fortran Group International, Inc. Mr. Bavol comes to ATEL after a successful 23 years focused on C-level decision-makers of the Global Fortune 1000.
ATEL Leasing Corporation is a subsidiary of ATEL Capital Group, which is an international financial services company that offers its clients a wide array of financial solutions including equipment leasing, asset-based lending, venture finance, lease administration and asset management. Since its inception, ATEL has sponsored sixteen publicly registered funds as well as numerous private investment programs. ATEL's family of Funds have attracted approximately 50,000 investors since ATEL's first public program was created in 1986. Additional information about ATEL Capital Group can be found on the Company's web site at www.atel.com