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Crestmark’s Transportation Division Announces Promotions of Sherri Holmes, Kim Meek and Phyllis Packard

Posted 08/14/2019
TROY, Mich., (Aug. 13, 2019) – Executive Vice President and Transportation Services Division President Heath Holdbrooks announced the recent promotions of Sherri Holmes and Kim Meek to portfolio management for the division, and Phyllis Packard to vice president, legal compliance.

“These promotions are well-deserved,” said Holdbrooks. “Our division has grown quickly and steadily over the past several years — and it became time to expand the account supervision team in line with that growth. As account executives, Kim and Sherri have consistently shown dedication to our clients. And Phyllis’ compliance knowledge and efforts have helped ensure growth was done with an eye on regulatory guidance. The contributions of these team members have been invaluable to the success of the transportation division. We are proud to announce their new roles.”

Sherri Holmes was promoted to portfolio manager from account executive. Holmes has more than 25 years of industry experience in transportation credit, collections, and factoring. She joined Crestmark in 2011 when the company acquired the Comdata Transportation Factoring Unit, where she was a portfolio manager supervisor. In 2013, she was promoted to assistant vice president, and in 2016 she was promoted to vice president for the division.

Kim Meek was promoted to portfolio manager from account executive. Meek has more than 25 of years of experience in the finance and transportation industries. She joined Crestmark in 2011 when the company purchased the Comdata Transportation Factoring Unit, where she was a portfolio manager. In 2013, she was promoted to assistant vice president, and in 2016 she was promoted to vice president. Earlier, she was collection manager in the transportation division at Comdata.

Phyllis Packard was promoted to vice president, legal compliance, from assistance vice president.  Packard became part of Crestmark’s Transportation Division with the company’s 2011 acquisition of the Comdata Transportation Factoring Unit, where she had worked in financial services. At Crestmark, she started in operations as the collections supervisor, and has overseen legal compliance for the division since 2012. She was promoted to assistance vice president from officer in 2016. Packard graduated from Columbia State Community College.

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