Biorkman replaces Jud Snyder who recently moved to a leadership role on BMO’s U.S. Wealth Management team

MILWAUKEE, WI., May 10, 2022 – BMO announced today that Jon Biorkman has been named the new U.S. Managing Director and Head, BMO Equipment Finance.  Biorkman, who is based in Milwaukee and serves on the Board of Directors for the Equipment Leasing and Finance Association (ELFA), brings deep financial services experience to the role, working in increasingly senior roles spanning corporate lending, commercial equipment finance and vendor finance.

“Jon is a highly regarded leader in the equipment finance industry, and under his leadership the BMO Equipment Finance Company will continue to deliver value for our clients and strategic growth for our business,” said Dan Clark, BMO’s U.S. Head, Vehicle and Equipment Finance.

BMO Equipment Finance is one of the largest equipment finance businesses in the industry.  It provides lease and loan financing for a wide variety of capital equipment types, including rail, marine, corporate aviation, manufacturing, agribusiness, food processing and construction assets.

About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $1.02 trillion as of January 31, 2022, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.