LEAF Financial Corporation Names New Group Head of Capital Markets & Structured Finance 2/21/2008
PHILADELPHIA, PA. – February 21, 2008 – LEAF Financial Corporation, LEAF Financial Corporation, a subsidiary of Resource America, Inc. (NASDAQ:REXI) announces it has named David Wiener as Group Head of Capital Markets & Structured Finance. Mr. Wiener will be responsible for developing, implementing and managing all aspects of the syndications/capital markets processes, including, policies, procedures, and practices. Additionally, Mr. Wiener will be engaged in overall corporate pricing, corporate analytics, mergers and acquisitions, asset based lending for other lessors and intermediaries, and public sector transaction originations.
Crit DeMent, Chairman and CEO stated, “We are very fortunate to have an industry veteran like David join the LEAF team. David has an impressive track record in the capital markets and we are very excited about the significant experience that he will bring to LEAF. I have every confidence that David will make an immediate contribution to LEAF.”
Mr. Wiener most recently was a Senior Vice President, Capital Markets Group within GE Commercial Finance. Over his 12-year tenure at GE, he has supported a variety of General Electric businesses in their utilization of developed capital markets capabilities.
Prior to joining GE, Mr. Wiener was Director, Corporate Planning at Tokai Financial Services now De Lage Landen Financial Services. As a member of the Tokai senior management team, he was the architect of the first national syndication platform for a major vendor leasing company.
Mr. Wiener started his financial services career with Maryland National Bank in 1976 and was a part of MNC Leasing from 1978 to 1991 involved in credit underwriting as well as transaction pricing, structuring and placement.
For 24 years, Mr. Wiener was a member of ELFA Research Committee and served as Committee Chairman from 1990 until 2006. In 1998 Mr. Wiener was elected Trustee for the Equipment Leasing and Finance Foundation, where he currently chairs the Foundation Research Committee.
About LEAF Financial Corporation
LEAF Financial Corporation is a commercial finance and asset management company headquartered in Philadelphia, PA. LEAF’s business model is to originate small to middle ticket equipment leases and loans in a variety of asset classes through five strategic business units. After origination, LEAF manages the leases for its own account, institutions, and individual investors through investment partnerships and other investment vehicles. return to the news
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