National Leasing Group Inc.

September 06, 2013 12:56 ET

National Leasing Appoints New President

WINNIPEG, MANITOBA--(Marketwired - Sept. 6, 2013) - National Leasing Group Inc. (National Leasing) is pleased to announce the appointment of Tom Pundyk as the company's new President. Nick Logan, National Leasing's long-serving President and Chief Executive Officer (CEO), will maintain the title of CEO through a transition period expected to end in the latter part of 2014.

Tom joined National Leasing in its formative stages and has been an integral part of the company's growth and success for the past 38 years. His previous roles at National Leasing included Executive Vice President, Sales & Marketing, as well as more than 20 years as Chief Operating Officer. In addition to his strong leadership attributes, Tom's knowledge of the equipment finance and leasing industry includes extensive experience in the areas of business development, risk management, sales, credit adjudication and operational management.

"Tom knows our business inside-and-out, and understands the importance of taking care of our customers and maintaining a highly engaged workforce," said Nick Logan. "I look forward to actively supporting his leadership as we continue to grow and develop in all areas of our business."

"I am honoured to have been selected as President and look forward to leading this incredible team in an expanded capacity as we further build on National Leasing's long track record of success," added Tom. "I've had the pleasure of working with Nick for more than 35 years, and will continue to lead with the focus, passion and discipline that our employees and customers have come to expect."

About National Leasing

National Leasing provides equipment finance solutions to businesses across Canada. As an innovative industry-leader, National Leasing invests heavily in people and technology to ensure quick and easy equipment financing for its customers. With over a billion dollars in managed assets, National Leasing has a financing solution for your business. For more information visit http://www.nationalleasing.com. As a wholly owned affiliate of Canadian Western Bank (TSX:CWB), National Leasing is a proud member of the CWB Group.

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