Toronto-based Element Financial Corp. has appointed railroad equipment finance veteran Harry Zander as Senior Vice President Sales in Element’s Rail Finance division. He reports to President, Element Rail & Aviation David McKerroll.
Zander joins Element from Macquarie Rail, where he served as Managing Director and Senior Vice President Sales and Marketing for the past eight years. Prior to this, he served for six years as Vice President Sales and Marketing at Mitsui Rail. Zander will lead the Elements’s railcar leasing business from its new Chicago office, where Element is basing its rail finance team to serve what it calls “a growing segment of the North American equipment finance market.”
“To expand Element’s presence in the North American rail finance market, we’ve brought on board a sales leader with deep knowledge of the industry and a broadly-based sales network,” said McKerroll. “Harry brings to Element more than 23 years of rail leasing and finance experience together with a proven sales capability that aligns perfectly with our culture and our growth objectives.”
With total assets of more than $11 billion, Element Financial Corp. operates across North America in four divisions in the equipment finance market: Commercial & Vendor Finance, Aviation Finance, Railcar Finance and Fleet Management.