Huntington Bank to Grow Its Equipment Finance Capabilities; Richard J. Remiker Selected to Lead National Expansion
COLUMBUS, Ohio, June 14 /PRNewswire-FirstCall/ -- To better support its Midwest-based customers with financing needs throughout the U.S., Huntington Bank (Nasdaq: HBAN; www.huntington.com) will take its equipment finance services national and expand its capabilities to encompass commercial leasing and capital equipment financing for small businesses, mid-sized companies, and large corporate clients. To lead this expansion, Huntington has selected Richard J. Remiker as president of Huntington's Equipment Finance Group.
"Taking our equipment finance services nationwide meets the needs of our customers who are doing business across the country and around the world," said Steve Steinour, Huntington Bank president and CEO. "Rick Remiker has a high level of success in this industry and an impressive track record of driving growth. He is the right person to lead and grow this area of our business."
Remiker comes to Huntington following his most recent role as chief administrative officer for RBS Asset Finance (Chicago, Illinois). He previously spent five years with Merrill Lynch Capital and nine years with Key Equipment Finance, the last four as president and COO of their mid-sized company market and large-ticket leasing business. He also held positions with U.S. Leasing and CIT Group.
"I am thrilled to be joining Huntington and contributing to the positive momentum Huntington has demonstrated during the first part of this year," said Remiker. "As the economy continues to gain strength, the pace of capital equipment acquisitions will also accelerate. I look forward to helping position Huntington as one of the nation's leading providers of equipment-secured lending and leasing solutions."
A Milwaukee, Wis. native, Remiker holds a bachelor's degree in business from the University of Wisconsin – Milwaukee.
Huntington Bancshares Incorporated is a $52 billion regional bank holding company headquartered in Columbus, Ohio. Through its affiliated companies, Huntington has been providing a full range of financial services including checking, loans, savings, insurance and investment services to customers for 144 years. Huntington also offers retail and commercial financial services online at huntington.com; through its technologically advanced, telephone bank; and through its network of over 1,300 ATMs.
® and Huntington® are federally registered service marks of Huntington Bancshares Incorporated.
SOURCE Huntington Bancshares Incorporated
Released June 14, 2010