NORTH MILL PROMOTES EIGHT EMPLOYEES FOR 2022

JANUARY 10, 2022, NORWALK, CT – North Mill Equipment Finance LLC (“NMEF”), a Monitor 100 commercial equipment lender headquartered in Norwalk, Connecticut, announced today the promotion of eight employees representing several departments across the organization.  Promotions include:

• Pier Snider – Executive Vice President, Chief Financial Officer
• Kristin Coster – Vice President, Operations
• Matt Davis – Vice President, Financial Controller
• Bruce Hudson – Assistant Vice President, Operations
• Doug Jackson, CLFP – Assistant Vice President, Documentation & Funding
• Pierina Silvestre, CLFP – Assistant Vice President, Information Technology
• Andrea Moreno – Manager, Documentation & Funding
• Joe Shearer – Manager, National Fleet Sales

“I’m proud to recognize this group of people for their outstanding performance and contribution,” said David C. Lee, Chairman and CEO, North Mill. “There are a number of factors that have contributed to North Mill’s vigorous growth over the last few years. But nothing is more meaningful to the long-term success of this company than our employees. This group demonstrates a level of passion and dedication that’s truly inspirational.”

Pier Snider, who joined North Mill in 2017, was promoted to EVP, Chief Financial Officer. As the company’s CFO, she directs all financial activities of the company including managing the accounting for multiple borrowing entities, performing financial forecasts and budgeting, and overseeing financial and portfolio accounting.

Kristin Coster, VP of Operations, celebrates her second promotion since joining the company four years ago. Reporting to the company’s President, she is accountable for managing a vast network of back-end operations including insurance and titling, warranties and GPS services, recovery and remarketing and fleet services.

Matt Davis was promoted to Vice President, Financial Controller, reporting to the company’s CFO.  Matt joined North Mill via the company’s 2021 acquisition of Aztec Financial, LLC, an equipment finance company offering specialty contractors access to competitively priced leases and loans. In his new role, Matt will collaborate with team members to enhance the accounting function through strategic and operational improvement.

Bruce Hudson was promoted to Assistant Vice President, Operations.  Bruce also recently joined via North Mill’s recent acquisition of Aztec Financial.  In his role, Bruce will leverage the company’s available technology to increase organizational productivity and enrich the experience for the company’s referral partners and customers.

Doug Jackson, CLFP, was promoted to Assistant Vice President, Documentation & Funding.  Doug will leverage his skillset to further refine the documentation process along with the customer experience. Given his acumen and leasing experience, Doug will continue to train other members of the team.

Pierina Silvestre, CLFP, was promoted to Assistance Vice President, Information Technology. She will lead the development of operational process automation and the integration of North Mill’s data warehouse to bolster company analytics and predictability.

Andrea Moreno was promoted to Manager, Documentation & Funding, based in Irvine, CA, where she recently joined North Mill and will be responsible for managing relationships with brokers who discount transactions with the company.

Joe Shearer, another veteran of Aztec Financial, was promoted to Manager, Fleet Sales. Joe manages all aspects of fleet sales to borrowers working in partnership with our referral partners.

About North Mill Equipment Finance

North Mill Equipment Finance, a Monitor 100 company, originates and services small to mid-ticket equipment leases and loans, ranging from $15,000 to $1,000,000 in value.  A broker-centric private lender, the company handles A – C credit qualities and finances transactions for a wide variety of asset categories including construction, transportation, vocational, medical, manufacturing, printing, franchise, renovation, janitorial and material handling equipment. North Mill is majority owned by an affiliate of WAFRA Capital Partners, Inc. (WCP).  The company’s headquarters is in Norwalk, CT, with regional offices in Irvine, CA, Dover, NH, Voorhees NJ, and Murray, UT.  For more information, visit www.nmef.com.

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