U.S. Bancorp, parent company of U.S. Bank, announced that Gunjan Kedia will be its new President, reporting to Andy Cecere, who will retain the title of Chairman and CEO.In this role, Kedia, 53, will oversee the company’s three business lines...
Read Story
|
Bowman Consulting Group entered into a $100 million aggregate revolving credit agreement with Bank of America as Administrative Agent, and TD Bank as Syndication Agent. With a five-year term, the Credit Agreement replaces the Company’s $70 million...
Read Story
|
Comerica announced Floyd Kessler has been named to the new role of Executive Vice President, Chief Business Risk and Controls Officer. Kessler will report to Peter Sefzik, Chief Banking Officer.Kessler will lead the Business Risk and Controls Office...
Read Story
|
Grant Thornton announced a new leader for the Chicago market. Arla Lach, an Audit and Assurance partner who has been with Grant Thornton nearly 25 years, will succeed Mark Sullivan. Sullivan is retiring after a successful, decades-long career...
Read Story
|
Nevada Fabrics Company announced the refinancing of the company’s existing senior debt under a new credit agreement with Uncaged Capital. This will provide additional availability over the current senior debt and extends the maturity date of the...
Read Story
|
As part of its continued expansion of its lending business, Gordon Brothers has hired Mark Bohntinsky as Global Head of Credit. Bohntinsky oversees Gordon Brothers’ credit quality, setting portfolio strategy and partnering with key lending...
Read Story
|
Small business filings, captured as subchapter V elections within chapter 11, increased 60 percent to 233 in April 2024 from 146 in April 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Commercial...
Read Story
|
Christopher J Murphy III, Chairman and CEO of 1st Source Corporation and Chairman of 1st Source Bank announced that as part of 1st Source’s long-term succession planning, the Board of 1st Source promoted Andrea G. Short to President of 1st Source...
Read Story
|
SVB Financial Group entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners ("Pinegrove") and backed by permanent capital from Brookfield Asset Management ("Brookfield") and Sequoia Heritage...
Read Story
|
EisnerAmper announced that the partners and colleagues of Boston, Massachusetts-based CPA firm Edelstein & Company, LLP, are joining EisnerAmper in a combination expected to close in June 2024.Founded in 1968, Edelstein has 11 partners and a staff of...
Read Story
|