{"id":36579,"date":"2019-10-25T05:58:29","date_gmt":"2019-10-25T12:58:29","guid":{"rendered":"https:\/\/www.enxmag.com\/twii\/?p=36579"},"modified":"2019-10-25T05:58:33","modified_gmt":"2019-10-25T12:58:33","slug":"technology-financing-industry-leader-gary-sutton-announces-retirement","status":"publish","type":"post","link":"https:\/\/www.enxmag.com\/twii\/news\/2019\/10\/technology-financing-industry-leader-gary-sutton-announces-retirement\/","title":{"rendered":"Technology Financing Industry Leader Gary Sutton Announces Retirement"},"content":{"rendered":"\n

Philadelphia (Oct. 25, 2019)<\/em> \u2014 LEAF Commercial Capital, Inc. (LEAF), a leading U.S. equipment leasing and finance company and subsidiary of People\u2019s United Bank, today announced that Gary Sutton, industry veteran and President and CEO of VAR Technology Finance (VAR), a division of LEAF, will retire in January 2020. Jonathan Fales, Vice President of Business Development at VAR will assume leadership of the company, and Kirk Sipes and Mark Finch will assume expanded business and program development roles as Sutton steps down. <\/p>\n\n\n\n

\u201cAs the creator of VAR, one of the nation\u2019s leading third-party technology finance companies, Gary is a driving force and an influencer industry-wide,\u201d said LEAF Chairman and CEO Crit DeMent. \u201cHis contributions have played a key role not only in the growth of VAR, but in helping to shape the financing industry through more efficient processes and advanced technology. We thank him for his decades of dedication to VAR\u2019s success and wish him well as he retires.\u201d <\/p>\n\n\n\n

\u201cSince 1988, Gary has worked tirelessly to build VAR into the innovative technology leasing and finance company it is today,\u201d said LEAF President and COO Miles Herman. \u201cWe deeply appreciate all that he has done for the Company and we\u2019re excited to continue building on the foundation he\u2019s created.\u201d <\/p>\n\n\n\n

\u201cHanding over the reins of a company you\u2019ve worked more than 30 years to grow isn\u2019t easy,\u201d said Sutton. \u201cBut after much thoughtful consideration, I decided that there are no better hands to leave the Company in than those at LEAF and People\u2019s United Bank. With a philosophy and approach that\u2019s very similar to the one that has served VAR so well over the years, LEAF and People\u2019s United Bank are uniquely equipped with the right mix of people, resources and technology to help VAR write the next chapter in its success story.\u201d <\/p>\n\n\n\n

###<\/p>\n\n\n\n

About LEAF Commercial Capital Inc. <\/strong>
LEAF Commercial Capital Inc.<\/a> (LEAF), is headquartered in Philadelphia with offices in Moberly, MO, Orange, CA, Baltimore and<\/g> Dallas. From the office to the factory floor to the server room, wherever customers need equipment, software and<\/g> services, we make it affordable. Trusted by nearly 250,000 companies of all sizes across the U.S., LEAF Commercial Capital, Inc., backed by the strength of People\u2019s United Bank, offers customized financing that helps our customers solve real problems. When businesses need financing or need to offer financing, they achieve more with LEAF. <\/p>\n\n\n\n

About People\u2019s United Bank <\/strong>
People\u2019s United Bank, N.A. is a subsidiary of People\u2019s United Financial, Inc., a diversified, community-focused financial services company headquartered in the Northeast with $52 billion in assets. Founded in 1842, People\u2019s United Bank offers commercial and retail banking through a network of over 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and<\/g> Maine, as well as wealth management and insurance solutions. The company also provides specialized commercial services to customers nationwide. <\/p>\n","protected":false},"excerpt":{"rendered":"

Philadelphia (Oct. 25, 2019) \u2014 LEAF Commercial Capital, Inc. (LEAF), a leading U.S. equipment leasing and finance company and subsidiary of People\u2019s United Bank, today announced that Gary Sutton, industry veteran and President and CEO of VAR Technology Finance (VAR), a division of LEAF, will retire in January 2020. Jonathan Fales, Vice President of Business Development at VAR will assume leadership of the company, and Kirk Sipes and Mark Finch will assume expanded business and program development roles as Sutton steps down. \u201cAs the creator of VAR, one of the nation\u2019s leading third-party technology finance companies, Gary is a driving force and an influencer industry-wide,\u201d said LEAF Chairman and CEO Crit DeMent. \u201cHis contributions have played a key role not only in the growth of VAR, but in helping to shape the financing industry through more efficient processes and advanced technology. We thank him for his decades of dedication to VAR\u2019s success and wish him well as he retires.\u201d \u201cSince 1988, Gary has worked tirelessly to build VAR into the innovative technology leasing and finance company it is today,\u201d said LEAF President and COO Miles Herman. \u201cWe deeply appreciate all that he has done for the Company and we\u2019re excited to continue building on the foundation he\u2019s created.\u201d \u201cHanding over the reins of a company you\u2019ve worked more than 30 years to grow isn\u2019t easy,\u201d said Sutton. \u201cBut after much thoughtful consideration, I decided that there are no better hands to leave the Company in than those at LEAF and People\u2019s United Bank. With a philosophy and approach that\u2019s very similar to the one that has served VAR so well over the years, LEAF and People\u2019s United Bank are uniquely equipped with the right mix of people, resources and technology to help VAR write the next chapter in its success story.\u201d ### About LEAF Commercial Capital Inc. LEAF Commercial Capital Inc. (LEAF), is headquartered in Philadelphia with offices in Moberly, MO, Orange, CA, Baltimore and Dallas. From the office to the factory floor to the server room, wherever customers need equipment, software and services, we make it affordable. Trusted by nearly 250,000 companies of all sizes across the U.S., LEAF Commercial Capital, Inc., backed by the strength of People\u2019s United Bank, offers customized financing that helps our customers solve real problems. When businesses need financing or need to offer financing, they achieve more with LEAF. About People\u2019s United Bank People\u2019s United Bank, N.A. is a subsidiary of People\u2019s United Financial, Inc., a diversified, community-focused financial services company headquartered in the Northeast with $52 billion in assets. Founded in 1842, People\u2019s United Bank offers commercial and retail banking through a network of over 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine, as well as wealth management and insurance solutions. The company also provides specialized commercial services to customers nationwide.<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[86],"tags":[3049],"_links":{"self":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/36579"}],"collection":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=36579"}],"version-history":[{"count":1,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/36579\/revisions"}],"predecessor-version":[{"id":36580,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/36579\/revisions\/36580"}],"wp:attachment":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=36579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=36579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=36579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}