Robert C. Rowe has been appointed
executive vice president and chief risk
officer. In this role he will oversee the
company’s Risk Management Group,
including credit administration, enterprise risk, compliance and credit review.
Rowe has been with CIT for five years.
Previously, he served as CIT’s chief credit
officer. Before that he was employed
by National City Bank as its chief credit
officer after spending 20 years in various
roles of increasing responsibility in its
Corporate Banking and Credit departments.
Steve Solk has joined CIT as president of CIT Business Capital with
responsibilities for CIT’s Direct Capital,
Capital Equipment, Equipment Finance,
and Commercial Services businesses.
Previously, Solk was an executive vice
president of commercial finance at RBS
Citizens Bank and a member of Citizens’
Executive Leadership Group. He was
responsible for four commercial banking
specialty businesses, which included
Franchise Finance, Business Capital, Asset Finance and Commercial Real Estate.
Kenneth A. Brause has been appointed
executive vice president and treasurer.
Brause has been with CIT for eight years.
Previously, he was executive vice president and chief financial officer for CIT’s
North America Banking segment and,
before that, head of Investor Relations.
Before joining CIT, Brause spent more
than 20 years in various financial roles at
several major financial institutions.
Crestmark Bank: Robert Harbers has
been named national sales manager for
Crestmark Bank’s Trade Services Division.
He had been business development officer
for the company’s East Division since joining the company in 2004. In his new role,
he reports to Steve Turkish, director of the
division, and is based in Boynton Beach, FL.
Turkish said, “Robert’s industry expe-
rience, and excellent relationship skills,
will further enhance the growth and
future potential of our Trade Services
Division. We are excited to have Robert
as our national sales manager.”
Harbers has more than 20 years of
experience in commercial finance, with
many years developing new business in
the wholesale apparel, textile, and furni-
ture industries. Previously, Harbers was
senior credit analyst for Capital Factors;
credit manager for CMI Industries; and
credit officer for Barclays Commercial
Corporation (now CIT Group).
Harbers serves on the board of the
Commercial Finance Association’s Florida
Chapter. He is also a member of the Risk
Management Association (RMA) of South
Florida, the Association for Corporate
Growth (ACG), and the Turnaround Management Association (TMA). He has a B. A.
in business administration from Belmont
Abbey College in North Carolina.
Crestmark also announced that Matt
Barbuscak, Steve Gross, Larry Pearce and
Jack Talkington were promoted to executive vice president. All are members of
Crestmark’s executive committee, and
report to president and COO, Mick Goik.
Barbuscak was promoted to executive
vice president, corporate operations manager from senior vice president, operations manager. Barbuscak, who is based
at Crestmark’s offices in the Greater
Nashville area, has more than 25 years
of commercial finance experience. He
joined Crestmark in 2004 as an account
executive and, subsequently, he held various roles, including portfolio manager.
In 2011, he was promoted to first vice
president, credit manager, and named
to the company’s executive committee.
Before joining Crestmark, he worked for
Standard Federal Bank and National Bank
of Detroit. He has a bachelor of business
administration and an M.B. A. from the
University of Michigan. He is a member of
the Commercial Finance Association and
Turnaround Management Association.
Gross has been promoted to execu-
tive vice president, SBA Lending Division
president from senior vice president,
and president of the SBA Lending Divi-
sion. He has been leading the SBA Divi-
sion since January 2015. Gross, who is
based in Troy, MI, has more than 30 years
of experience in the finance industry. He
joined Crestmark in 2011 as vice presi-
dent in charge of credit assessment and
underwriting for the Midwest Region.
In 2013, he was promoted to senior
vice president, national underwriting
manager. Before moving to Crestmark,
Gross was vice president, relationship
manager at PNC Business Credit. Earlier,
he was managing director of Chicago-
based Bridge Finance Group; and held
regional positions at J.P. Morgan Chase
Bank, GE Capital Commercial Finance,
and Fremont Financial. Gross is a gradu-
ate of Northern Illinois University.
Pearce was promoted to executive
vice president, Joint Ventures Group
president from senior vice president
of the division. Pearce first took the
reins of the division in 2013 when he
was named senior vice president, and
managing director. Under his leadership,
assets in the Joint Ventures Division
have increased 64 percent. Based in Troy,
Pearce was hired at Crestmark in 2005 as
vice president of underwriting. In 2007,
he was promoted to vice president, Mid-
west underwriting manager, and later
was promoted to first vice president,
underwriting manager. Before joining
Crestmark, Pearce worked for Finova
Capital Corporation as a vice president,
account executive; and for Fremont
Financial as field examiner/financial
analyst. He has a bachelor’s degree in ac-
counting from Ferris State University.
Talkington was promoted to execu-
tive vice president and chief financial
officer (CFO) from senior vice president,
CFO. In April 2015, Talkington, who is
based in Baton Rouge, Louisiana, was
named CFO. He is a member of the
company’s executive committee. He
joined Crestmark in 2008 as senior vice