Company Overview of Crestmark Bank
Crestmark Bank provides financial solutions for businesses in the United States. The company offers asset based, accounts receivable, machinery/equipment, equipment leasing, business lines of credit, term, factoring, small business administration, start-up, working capital, and acquisition and expansion loans. It serves manufacturing, apparel and footwear, home furnishing, staffing, transportation, government receivable, oil and gas well servicing, hospitality, commercial door service/repair, food manufacturing/distribution, and other industries; and importers/exporters, furniture manufacturers, insurance agencies, aggregate suppliers, book publishers, printers, communication installers, met...
5480 Corporate Drive
Troy, MI 48098
Founded in 1996
Key Executives for Crestmark Bank
Chairman and Chief Executive Officer
President and Chief Operating Officer
Chief Financial Officer and Executive Vice President
Executive Vice President and Joint Ventures Group President
Executive Vice President and President of West Division
Compensation as of Fiscal Year 2016.
Crestmark Bank Key Developments
Crestmark Promotes Sharmen Hall to First Vice President, Program and Data Base Manager
Sep 22 16
Crestmark announced the promotion of Sharmen Hall to first vice president, project and vendor manager from vice president, special projects. Hall is in charge of project management and vendor management; and oversees software development, system implementation, integration of client financial software, CRM, compliance, operations, and internal processes. Hall, who is a member of Crestmark’s management committee, joined the company in 2000 as a client analyst, and in 2003, was promoted to assistant vice president, operations manager. In 2005, she was promoted to vice president, operations manager; and in 2010, she transitioned to special projects. Previously, she worked for Henry Ford Health System.
Crestmark Announces Executive Changes
Sep 20 16
Crestmark announced the promotion of Steve Hansen to first vice president, Western Division sales manager from regional first vice president, business development officer. Hansen, who worked out of the Houston market, is now responsible for growing Crestmark’s business west of the Mississippi, and he becomes a member of Crestmark’s management committee. Shannon Stetson was promoted to regional vice president, business development officer. She will now represent Crestmark in Houston and Louisiana, as well as her existing territory of South Texas. The Dallas market, and surrounding area, will continue to be represented by Regional First Vice President Melinda Fricke who also leads sales initiatives in Oklahoma and Arkansas. In his new role, Hansen will develop and implement sales strategies, and lead an existing team of five experienced business development officers to expand Crestmark’s presence in the Western United States. Hansen, who reports to Ray Morandell, is based in Houston, and works closely with Western Division President Pat Haney.
Crestmark Bank Announces Management Promotions
Aug 25 16
Crestmark Bank announced the promotions of five individuals. At the corporate headquarters in Troy: Teri Haynes, Douglas Kollman and Eric Ball in operations; and Colin Madole in the Joint Ventures Group. In the West Division’s Los Angeles, California office: Bronwyn Abeyta in asset-based-lending operations. Teri Haynes has been promoted to first vice president, operations manager, data services from vice president, operations supervisor. She reports to Executive Vice President, Corporate Operations Manager Matthew Barbuscak, and is based in Troy. In this role, she oversees the company’s lockbox department, and payment/debtor/invoice analysis for the Transportation Division and Midwest Region. In 2011, she was promoted to operations officer, and given oversight of the lockbox department. In 2012, she was promoted to assistant vice president, operations officer; and in 2013, she was promoted to vice president, operations supervisor. Doug Kollman has been promoted to first vice president, operations manager, client services from vice president, operations supervisor. In this role, Kollman oversees an operations team responsible for client support in the Midwest and Southeast Regions, and the Transportation Division. He reports to Executive Vice President, Corporate Operations Manager Matthew Barbuscak, and is based in Troy. Kollman joined Crestmark in 2001 as a client analyst. In 2011, he was promoted to operations officer, overseeing collateral analysis for the Troy/Midwest region. In 2012, he was promoted to assistant vice president, operations officer; in 2013, he was promoted to vice president, operations officer. Colin Madole was promoted to vice president, account executive for the Joint Ventures Group from assistant vice president, account executive. Based in Troy, Madole reports to Larry Pearce, executive vice president, and president of Crestmark’s Joint Ventures Group. Madole joined Crestmark in 2011 as a junior field examiner before being promoted to staff field examiner in 2012. In 2013, Madole was promoted to financial analyst for the Joint Ventures Group; in 2014 he was promoted to assistant vice president; in 2015, he was promoted to assistant vice president, account executive. Bronwyn Abeyta has been promoted to senior collateral analyst, team leader, and assistant vice president for the West Division. Abeyta is based in Crestmark’s Los Angeles, California office, and reports to Julie Halbert, first vice president, West Division Portfolio Manager. Since joining Crestmark in 2013, Abeyta has had an important role in the establishment and operation of the company’s Los Angeles office. Eric Ball has been promoted to operations officer, client analyst for the Midwest Region. He is based in Troy, and reports to First Vice President, Operations Supervisor Douglas Kollman. Ball, who joined Crestmark in 2008 as an invoice analyst, was promoted to client analyst in 2010.
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