Quentin Cote has been promoted to President of Mintaka Financial and Bill Fogarty to Senior Vice President and Chief Operating Officer, the company announced.
Cote succeeds co-founder and CEO David T. Schaefer as President. Schaefer is serving as Chairman of the Equipment Leasing and Finance Association (ELFA) and President and CEO of Orion First Financial.
Cote has represented Mintaka in the equipment leasing/finance industry as a member of the Small Ticket Business Council Steering Committee of the ELFA and served as the council’s LeasePac liaison. He has served as Executive Vice President of Mintaka for two years. He began his career in specialty finance banking and transitioned to private equity, eventually ending up in a leadership role at an equipment finance originator.
Fogarty joined the company in March 2017, transitioning from the banking industry. He held senior positions in credit, operations and business development as well as the president of a de novo bank. His responsibilities include the day-to-day oversight of Mintaka Credit and Funding departments, coordinating affiliate relationships, training, compliance and operations.
He represents Mintaka in the National Equipment Finance Association (NEFA) and serves on the membership committee.
“Mintaka Financial continues to benefit from Quentin’s leadership, and with him at the helm as President our future looks bright,” Schaefer said. “Quentin has been instrumental in driving technology improvements and expanding funding capabilities. The team of Bill Fogarty, COO; Zack Marsh, CFO; and Paul Marcoe, CTO, is the strongest team I have had the opportunity to lead and I’m confident that the company will be even more successful.”
“I am delighted with the promotion of Quentin Cote as President and the appointment of Bill Fogarty as Chief Operating Officer of Mintaka. These changes add depth to our management team and strengthen Mintaka’s position in the marketplace,” said Don Myerson, co-manager and co-founder of Mintaka Financial.
Mintaka Financial LLC, located in Gig Harbor, Wash., was established in 2004.