TSL November 2018

Page 12

INDUSTRY NEWS

collateral

the Bench for the Moller-Foltz Inn of Court, and is a member of the Houston Chapter of the Turnaround Management Association. Additionally, Grogan gives back to the community by dedicating many hours of pro bono legal counsel each year. “I’m truly excited to be joining a firm as accomplished as Blank Rome. The Firm has an incredible practice mix that is wellsuited for the Houston market, and I feel privileged to be joining so many outstanding practitioners.” James adds, “I’m looking forward to collaborating with many of the Firm’s highly regarded practice groups, including its market-leading maritime practice in Houston, and working to build a preeminent restructuring practice in the Texas market.” James earned his B.A. from Wheaton College and his J.D. from the University of Kansas School of Law, where he was associate editor of the Kansas Law Review. Blank Rome is an Am Law 100 firm with 13 offices and more than 600 attorneys and principals who provide comprehensive legal and advocacy services to clients operating in the United States and around the world. Its professionals have built a reputation for their leading knowledge and experience across a spectrum of industries, and are recognized for their commitment to pro bono work in their communities. Since its inception in 1946, Blank Rome’s culture has been dedicated to providing top-level service to all of its clients, and has been rooted in the strength of its diversity and inclusion initiatives. blankrome.com

People’s United Bank Bolsters Asset-Based Lending Team with Hiring of Three Senior Industry Specialists People’s United Bank, N.A. (NASDAQ: PBCT), announced the hiring of three senior industry specialists to its AssetBased Lending team. Joe Accardi, Tony

10

Cortese and Greg Russano each bring more than 25 years of commercial lending experience and will be responsible for new business development, client relationships and liaising with People’s United’s community partners in the Northeast and nationally. Each will be based in Iselin, NJ. Joe Accardi, senior vice president, business development: Accardi brings 35 years’ experience with responsibility for new business development and client relationships. Accardi is a longtime member of the Commercial Finance Association and currently serves on the Education Committee. He was a faculty member of the New York Institute of Credit for 16 years and served on the Institute’s Board of Trustees. Additionally, Accardi has served on committees of various charitable organizations, including most recently Eva’s Village. He holds a BA cum laude in economics from Rowan University, an MBA in finance from Fairleigh Dickinson University, and is a graduate of The Stonier Graduate School of Banking and The London Business School’s Leadership Development Program. Tony Cortese, senior vice president & regional manager: Cortese brings 35 years’ of commercial lending experience, focusing on business development, portfolio management and credit risk. Most recently Cortese was employed at Santander Bank for more than 15 years, where he held various senior positions. He received his Bachelor degree in Accounting from Rider University and his CPA credentials in New Jersey. He is a member of the CFA and NJ Society of CPAs. Greg Russano, senior vice president & regional team leader: Russano brings 25 years of secured lending experience and will be responsible for a new business team covering New Jersey and Pennsylvania. His prior roles

REGISTRATION IS OPEN FOR CFA’S ABCC IN LAS VEGAS! WWW.CFA.COM

included various new business development and relationship management positions with Santander Bank, Bank of America and National Bank of Canada. He is an active member of the CFA, TMA and ACG in New Jersey, and received his Bachelor degree in accounting from Franklin & Marshall College, and an MBA from Fairleigh Dickinson University. “Greg, Tony and Joe each bring a unique skillset and an understanding of the ever-changing needs of our clients, delivering tailored, flexible capital solutions,” said Mike Maiorino, EVP of Specialized Lending at People’s United Bank. “Our clients increasingly demand banking partners who understand their business, and have the ability to act as an advisor, helping them to overcome financing and growth challenges.” People’s United Bank’s Asset-Backed Lending team provides senior secured asset-based loan facilities for borrowers requiring between $5 million and $40 million. Industries include manufacturers, distributors, wholesalers, business services and retail, for companies in transition, for turnarounds, refinancings, acquisitions and seasonal businesses. People’s United Bank, N.A. is a subsidiary of People’s United Financial, Inc. (NASDAQ: PBCT), a diversified financial services company with approximately $45 billion in assets. People’s United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of nearly 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.