Summit Funding Group announced promotions within its Executive Management Team. The promotions of the individuals reflect their extraordinary leadership, dedication and significant contributions to the ongoing success and growth of the company. Together they have an impressive average tenure of over 20 years, and this wealth of knowledge and expertise has been instrumental in helping to establish Summit as an industry leader.
The four leaders who have been promoted to Executive Vice Presidents are:
Karyn Bendure, EVP of Portfolio Management
Bendure began her career in equipment finance with Summit Funding in 1998. Throughout her career she has been an integral member of the accounting department and since 2003 has been extensively involved in pricing and portfolio management.
Dan Hathcoat, EVP of Sales
Hathcoat started his career in the leasing business in 1984 with Merchants National Bank and spent time with several finance companies, including Verizon Capital Bank of America Leasing, American Express Business Finance, and LEAF Commercial Capital. In 2006 he joined Summit to lead its newly formed vendor finance unit. In 2020 he was named Senior Vice President and currently leads the Summit sales team nationwide.
Richard D. (Ricky) Ross, EVP of Capital Markets
Ross has been with Summit since 2008 and began in documentation as a Transaction Manager, focusing on funding documentation and named Vice President. He was promoted to Senior Vice President in October 2016 and currently leads the Capital Markets division of Summit.
Jeanette N. Dannenfelser Esq., EVP & General Counsel
Dannenfelser joined Summit in 2016 and was promoted to Vice President and General Counsel in 2017. She currently leads the compliance and all other legal matters for Summit.
“Each of these individuals has shown remarkable performance, strategic insight, and an unwavering commitment to our company’s values and objectives. In their new roles, they will continue to lead by example, driving innovation and excellence throughout our organization” said Richard L. Ross, President & CEO of Summit Funding Group.
Ross also noted “We are confident that their expertise and leadership will be pivotal in achieving our future goals and aspirations. Summit is dedicated to recognizing and fostering talent within our organization. We look forward to the continued success and impact of our newly appointed Executive Vice Presidents.”