Orion First Announces Major Leadership Changes: Paul Marcoe Promoted to Chief Operating Officer, RJ Grimshaw Joins as Chief Revenue Officer

Seattle, WA, July 12, 2024 – Orion First, the leading provider of commercial loan & lease servicing, is excited to announce two significant leadership appointments. Paul Marcoe has been promoted to Chief Operating Officer (COO), and RJ Grimshaw will join the company as Chief Revenue Officer (CRO).

Paul Marcoe Promoted to Chief Operating Officer

Paul Marcoe, who has played an integral role at Orion for over eight years, is being promoted from his current role as Chief Technology Officer (CTO) to Chief Operating Officer (COO). Throughout his tenure as CTO, Paul has spearheaded major growth and technological advancements, playing a crucial role in Orion First’s success. In his new role, Paul will oversee the day-to-day operations of the company, ensuring continued excellence in service delivery and operational efficiency.

"Paul's leadership and innovative vision have been instrumental in driving our technological advancements and overall growth," said Quentin Cote, President of Orion First. "We are confident that his transition to COO will further strengthen our operational capabilities and support our long-term strategic goals."

RJ Grimshaw Joins Orion First as Chief Revenue Officer

In addition, Orion First welcomes RJ Grimshaw as the new Chief Revenue Officer (CRO). RJ brings a wealth of experience and a first-hand perspective of what it takes to succeed as a lender in this industry. As the former President and CEO of UniFi Equipment Finance, he transformed the company, growing its assets from $14 million to $250 million. RJ has also held leadership roles at EverBank and Key Equipment Finance, and he remains active in industry organizations such as the Equipment Leasing and Finance Association and Equipment Finance Cares. His expertise in sales training, strategic planning, and operational improvement will be instrumental in supporting Orion’s goals for continued growth and market leadership.

"RJ's proven track record of driving significant revenue growth and his deep involvement in the equipment finance industry make him an invaluable addition to our executive team," commented Quentin Cote. "His strategic vision and expertise will undoubtedly enhance our capacity to innovate and expand our market presence."

Both leadership appointments are effective immediately, and they mark a significant stride towards Orion's commitment to industry leadership and strategic growth.

About Orion First

Orion First, founded in 2001, is a full-service commercial loan and lease portfolio servicer which provides a suite of services and products to manage the complete life cycle of a borrower. Orion’s product suite includes commercial loan and lease servicing and collections, portfolio management technology with client portal, data management, business analytics, and backup servicing. By delivering better technology, professional expertise, and deep experience, Orion empowers clients to focus their entrepreneurial energy on their greatest value—funding small businesses.

Media contact:

Curtis Costner

VP, Marketing

ccostner [@] orionfirst.com