Tamarack Technology, Inc., a leader in providing independent software solutions in the equipment finance and commercial lending industry, has expanded its product and service team with the addition of Tim Appleget as Director of Technology Services. An experienced equipment finance leader of technology and business operations teams, Appleget will be responsible for the development and implementation of Tamarack's technology services offerings around data, IoT and workflow automation.
“For most companies in the equipment finance industry, managing technology is not a core business function – rather technology is a tool to drive value,” said Tamarack founder and CEO Daniel Nelson. “Tim (Appleget) understands the dynamics of the industry as well as how companies like Tamarack can help lessors drive value through their organizations by focusing on the execution of critical business strategies.”
Appleget joins Tamarack after more than two decades in equipment finance at Wells Fargo. During his tenure at Wells, he took on positions of increasing responsibility in which he developed an expertise in application and process development and support. Most recently as Business Support Manager, Appleget led a multi-year technology consolidation program mapping and porting access for more than 1,000 team members.
During his career, Appleget has served as Vice President and Operations Manager for Equipment Finance. In this role, he was responsible for the equipment finance back-end service teams related to customer service, collections, workout, equipment management, contract adjustments and collateral management.
“Tim (Appleget) has built a ‘book of experience’ that makes him ideally suited for his new role at Tamarack,” said Nelson. “He has a deep and unique understanding of the challenges facing lessors. His experience with financial technology – from the lessor perspective – will be a tremendous asset as we move forward with the development and implementation of our technology services.”
Following his graduation from the University of Northern Iowa with a degree in finance, Appleget began his career supporting customers in various roles. A resident of New Hope, Minn., he regularly volunteers with Second Harvest Heartland and Feed My Starving Children.