Wells Fargo Equipment and Vendor Finance announced that Matt LeSage has joined the Vendor Finance team to help lead the group’s focus on profitable growth. As part of his new role, LeSage will work alongside Dave O’Neill, who has been leading Vendor Finance since 2020, to jointly oversee, grow and manage the team. He will report to Wells Fargo’s Head of Equipment and Vendor Finance, Amrita Patel.
“Vendor finance has long been an important part of our strategy in Commercial Banking,” Patel said. “As a team, we are capitalizing on our significant opportunity to grow the business and deepen client relationships in key segments through our vendor program across the country. Matt and Dave’s combined experience will help our vendor business accelerate momentum and continue to grow.”
LeSage brings 30 years of experience leading sales, marketing, credit, portfolio management and vendor programs. Most recently, he led Wells Fargo’s Commercial Banking Sales Enablement team, where he focused on driving results through sales discipline and effectiveness, strategic new business development, improved analytics and process and technology enhancements. He earned his Bachelor of Arts in Business Administration from the University of Michigan and a Master’s in Business Administration from the University of California, Berkeley.
“I’ve had a close relationship over the years with the Vendor Finance team, and the talent and expertise of our executives is unmatched in the marketplace,” LeSage said. “I am thrilled to be part of such a creative, thoughtful and dynamic group of professionals and look forward to helping the team serve our clients.”
LeSage’s move to Vendor Finance further strengthens Equipment and Vendor Finance’s executive leadership team and expands its expertise and capabilities. Earlier this year, Ben McCarrick was appointed as Head of Equipment and Vendor Finance Underwriting, while James Schulte was promoted to Managing Director and currently leads the Market Coverage Originations team for Equipment Finance.