People’s United Bank announced that Joseph P. Krolak has joined People’s Capital & Leasing Corporation (PCLC) as Vice President, Sales, Aviation Finance. He brings over 17 years of experience in aviation leasing and financing and is responsible for expanding the bank’s fixed-wing aircraft loan and lease financing solutions throughout the Southeast, Central and Western United States.

Krolak has held executive positions with National Aircraft Finance Company, Webster Capital Finance, Textron Financial, Conseco Finance and Green Tree Financial. He is also a multi-engine instrument rated pilot. He will serve corporate aircraft owners and operators of business jets, turboprops, and high performance aircraft.
 
“We are pleased to add an executive with Joe’s depth and breadth of experience in aviation to the PCLC team,” said Vincent Cianciolo, President, PCLC. “His knowledge and relationships will bring true added-value to our customers.”

Krolak earned a Bachelor of Science degree in Aviation Management from St. Cloud State University and an MBA in Finance from the University of St. Thomas.