IRVINE, Calif. – September 20, 2021 – Wintrust Specialty Finance (WSF), a division of Beverly Bank & Trust Company, N.A., announced that Eric McGriff has joined the company as senior vice president, chief credit risk officer. McGriff will be located in Flanders, New Jersey, and is focused on the strategic growth of WSF’s portfolio as it nears $500 million. He joins a team led by David Normandin, CLFP, president and CEO of WSF.
“I’m delighted to have the opportunity to further develop and expand WSF’s innovative risk culture to provide an exceptional financing experience for our partners and customers,” said McGriff. “Wintrust has established itself as a strong and stable partner in both third-party and vendor equipment finance. I’m looking forward to developing our risk team to grow a small and mid-ticket platform that will reflect the solid culture and reputation of Wintrust.”
“I’m excited to have Eric join the executive leadership team,” Normandin said. “His extensive knowledge, skill, and experience will be invaluable as we continue to strategically grow our equipment finance business. I’m confident in Eric’s abilities to leverage and enhance our innovative, creative, and scalable solutions and culture to grow WSF into a market leader.”
McGriff brings more than 30 years of experience to this role. Before joining the company, he held key leadership positions at TIAA Bank/EverBank Commercial Finance, Tygris Vendor Finance, US Express Leasing, Key Equipment Finance, CIT Vendor Technology Finance, and Newcourt Financial/AT&T Capital.
Wintrust is a financial holding company with assets of over $46 billion whose common stock is traded on the NASDAQ Global Select Market. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries, with over 170 banking locations located in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including business units which provide commercial and life insurance premium financing in the United States, a premium finance company operating in Canada, a company providing short-term accounts receivable financing and value-added out-sourced administrative services to the temporary staffing services industry, a business unit engaging primarily in the origination and purchase of residential mortgages for sale into the secondary market throughout the United States, and companies providing wealth management services and qualified intermediary services for tax-deferred exchanges.
David Normandin, President & CEO
Wintrust Specialty Finance