CEMP Webinar 04 Strategic Equipment Disposition: Auction, Remarketing, and Reporting Best Practices

Current Position – Mark current role is with Auxilior Capital Partners.  He joined this team in June 2023 as a Senior Vice President of Asset & Portfolio Management.  Here, Mark has managed both the Asset and Portfolio Management (Collections) teams.  As of August 2024, his primary focus has focused on expanding and growing the Asset Management functions for this independent finance company.   Here, he created and manages his third equipment appraisal desk.  His major responsibilities include, but are not limited to, the following: residual setting and forecasting; program residual management; internal equipment valuations and appraisals; external appraisals, portfolio reporting; equipment dispositions; end of lease negotiations; renewals; lease payoffs; inspections; documentation negotiations; developing policies and procedures; compliance; budgeting projections; industry and vendor studies and concentration limits reporting.  He regularly interacts with executive leadership, senior management, sales, credit, risk, audit, operations, collections, and IT.  ACP’s portfolio consists of $1.6 billion in assets with concentrations in construction, tractors, trailers, buses, aircraft and marine equipment. 

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Experience – Mark has been engaged in the equipment finance industry for over 31-years, where most of his experience has been focused on Equipment Management in both independent and bank owned finance company environments.  From May 2015 to June 2023 Mark worked for Capital One Equipment Finance.  There he was a Senior Director of Asset Management.  From August 2001 to May 2015 Mark worked for Commerce Commercial Leasing which later became TD Equipment Finance.  There, he was a founding member of TDEF and the Director of Asset Management.  From March 1999 to August 2001, he worked for American Equipment Leasing a division of EAB Bank (ABN Amro) which was purchased by CitiCapital. There, he was a VP/Asset Manager.  From 1992 to 1999, he worked for Copelco Capital which was purchased by CitiCapital.  There, he was an AVP/Asset Manager. At Copelco, he started his career in financial services as a remarketer and was quickly promoted to Asset Manager.  Prior to his career in equipment finance, he held various positions as an electronic engineer. 

Education & Associations - Mark holds Associates in Science in Business Administration degree from Rowan College where he was a member Of the Phi Theta Kappa National Honor Society with a GPA 3.75.  He also holds an Associate Degree in Specialized Technology in Electronic Engineering from Pennco Technical Institute where he graduated with honors.  Mark has also attended classes at Rutgers University towards a Bachelor of Science Degree in Finance.  He is a candidate member of the American Society of Appraisers (ASA) and has successfully completed Machinery and Equipment ME201, ME202, ME203, ME204, USPAP & Ethics Exam.  He has held positions as the President and a board member for the ASA’s South Jersey Chapter and has been part of their executive board.  He is currently a member of the Equipment Leasing Association (ELA) and has attended the ELA Equipment Management Conference for over the last 25 plus years.  Previously, he has been a member of the International Association of Medical Equipment Remarketers and Services (IAMERS) and has attended many of their annual conferences.  He is also actively involved in his local community coaching Little League and street hockey and is currently an executive member of the Westville Little League and holds the position as the safety director.