FOR IMMEDIATE RELEASE
March 4, 2020
Contact: Matt Vargo, Director of Marketing email@example.com
March 2, 2020 – Lease Corporation of America, Troy, MI (LCA) announced the addition of two new team members to the firm’s small-ticket vendor financing sales staff. These new sales professionals will help advance the strategic direction of the company and drive the growth of its vendor financing business.
Mark Sheehan joins LCA as a Vice President, National Accounts Business Development. Mr. Sheehan, who resides in the Dallas area, was most recently at Crestmark Equipment Finance, where he was responsible for new business development across multiple industries. Prior to Crestmark, he was with Wintrust Capital, EverBank Commercial Finance and PNC Equipment Finance. Mark has consistently achieved distinction for sales excellence throughout his career, which includes 20 years in the equipment finance industry. Mark will report to Jeff Teucke, EVP Sales & Marketing.
Jonathan Smith joins LCA as an Account Executive and will work out of the company’s headquarters in Troy, MI. Mr. Smith was most recently a Regional Vice President for Primerica Financial Services, where he successfully managed his office in Troy for more than 10 years. He holds multiple securities certifications including Series 6, 26 and 63, as well as certifications for life insurance and annuities. Jon will report to Gary Hanson, Vice President Sales.
“LCA continues to attract top talent and I’m thrilled to have these two sales professionals join our team,” said Mr. Teucke. “We have a seasoned group across our originations platform that will be complemented by the new energy that Mark and Jon will bring to the company.”
Jeff Sugg, President, adds, “we are pleased with the additions our LCA sales team. Jeff Teucke has done a tremendous job of augmenting the sales team with outstanding personnel, which will position LCA for its next phase of growth and profitability.”
About Lease Corporation of America and LCA Bank Corporation
LCA is a full-service financing company specializing in technology and industrial equipment financing. LCA offers a variety of leasing programs that allow companies to obtain the equipment they need now and pay for it over a fixed period of time, freeing up working capital and credit lines. Based in Troy, Michigan, LCA has serviced the needs of its vendors and customers since its formation in 1988. LCA is one of the largest independently owned leasing companies in the United States. For more information, please visit www.leasecorp.com
LCA Bank Corporation, a wholly owned subsidiary of LCA and federally insured institution, has historically been recognized in the upper 1 percent of the more than 7,000 FDIC-insured financial institutions in the United States based on the income measurement of Return on Average Assets.