Wintrust Commercial Finance (WCF) announced the promotion of two Executive Vice President-level roles. Brian DeRusha has been promoted from SVP to EVP, Director of Asset Management, and Ron Horner has been elevated from SVP to EVP, General Counsel. In their new executive roles, both will be responsible for assisting in the growth of Wintrust Asset Finance’s over $3 billion portfolio.
DeRusha has been with Wintrust since May 2017. Prior to joining WCF, he spent 13 years at AIG Commercial Equipment Finance, and four years at Transamerica Commercial Finance, where he met current President & CEO of WCF, Kirk Phillips. DeRusha has extensive experience in equipment-based structured financing deals and acquisitions. He earned his Bachelor of Science in Management from Massachusetts College of Liberal Arts (formerly North Adams State College).
With over 36 years of broad-based commercial finance, corporate finance, and corporate experience, Horner has been an integral part of WCF since day one. Before joining WCF, Horner worked at AIG Commercial Equipment Finance with both Phillips and DeRusha. He earned his Bachelor of Business Administration from Texas Christian University, his Juris Doctor from SMU Dedman School of Law, and his Master of Laws from Georgetown University Law Center.
“I want to congratulate Brian and Ron for their well-deserved promotion to the EVP level within Wintrust Commercial Finance,” said Phillips. “Both have made a tremendous impact as we have grown WCF over the past nine years. In addition to WCF, they also provide leadership and support for our affiliated divisions, Wintrust Equipment Finance and Wintrust Specialty Finance. I will continue to look to them to provide guidance as we move the Wintrust equipment finance and leasing platforms forward.”
Wintrust Commercial Finance and Wintrust Equipment Finance are divisions of Wintrust Asset Finance Inc. Wintrust Specialty Finance is a division of Beverly Bank & Trust Company, N.A., a Wintrust Community Bank. Banking products provided by Wintrust Financial Corp. banks.
About Wintrust Commercial Finance
WCF is an equipment-focused financing group headquartered in Frisco, Texas, offering sophisticated loan and lease products to commercial companies throughout the U.S. Its focus industries include transportation, construction, manufacturing, energy services, aviation, marine, environmental, and waste, packaging, turnkey property, plant, equipment, and more. WCF is part of Wintrust Financial Corporation.