Greg Badger, Head of Truist Equipment Finance Corp., announced the company has hired Scott Lackovitch as Head of CCB Originations and promoted Craig Hannon to Head of Aviation Originations.
Lackovitch will be returning to Truist as Head of CCB Originations within the Equipment Finance Group. Lackovitch most recently served as the Director of Sales and Marketing for Truist Equipment Finance and as the National Sales and Marketing Manager with BB&T Equipment Finance. In those positions, he led all the direct sales functions across the United States, which focused on providing customized financing solutions to commercial and corporate clients. He joined Truist in 2006 to help grow the Equipment Finance Group. Prior to that, he spent 16 years with Ford Credit where he held numerous management positions in risk, marketing/advertising, strategy, operations/compliance and sales leadership. He will be based out of Jacksonville, FL. CCB is a core element of TEFC’s business and manages in excess of $2.5 billion in assets. His expertise will allow TEFC to continue to service its clients’ needs and grow an already diverse portfolio.
Hannon has been named Head of Aviation Originations. In this role, he will continue to cover the majority of the southern states on a direct basis as well as leading the Truist Aviation Originations team. His focus will primarily be on working with OEMs, dealers/brokers and the broader aviation community. Hannon has more than 24 years of experience in the equipment finance industry, with the last 18 years in Aviation Finance. Hannon joined Truist in 2017 and has worked previously with GE Capital, Wells Fargo Equipment Finance and RBS/Citizens in similar roles. He will be based out of Austin, TX. Under Hannon’s direction, the Aviation team is well-positioned to grow an aviation portfolio that already exceeds $1 billion in assets.
Badger said, “I am thrilled to add these two teammates to the management team. Both individuals will provide valuable industry knowledge and experience, and augment an existing team of seasoned industry professionals.”
Truist Equipment Finance is one of the nation’s top bank-owned equipment finance companies providing expertise and customized financing solutions to meet the financial, accounting and tax objectives of our clients. Products include a variety of debt and leasing structures in support of transactions over $500,000 with the ability and experience underwriting and syndicating equipment finance transactions.