Element FinancialElement Financial – financial corporation

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Equipment Finance Experts – Making Capital Work

Corporate Leadership

The Element management team includes some of Canada’s most experienced equipment finance specialists. Over the past 25 years, this team has been responsible for developing innovative equipment financing solutions and customized vendor financing programs for some of North America’s most demanding customers including – Dell Computer Corporation, IKon, Ricoh, Komori, Bobcat, Mitsubishi, Western Star Trucks, International Trucks, Volvo, Komatsu and Bombardier Aerospace.

Steven Hudson. FCA, B.B.A., Chairman & CEO

  • Founded Newcourt Credit Group in 1984 and grew it to become a worldwide leader in equipment finance before selling the business to CIT Group, Inc. in 1999
  • Served as a director of Altamira e business Funds, Altamira Investment Services Inc., The Altamira Funds, The Altamira RSP Funds, CHC Helicopter Corporation, AGRA Inc. and Newcourt Inc.
  • Earned a Bachelor of Business Administration from York University
  • Named one of Canada’s Top 40 Under 40 in 1996

Bradley Nullmeyer, B.Comm., CA President

  • Co-founder of Newcourt Credit Group with lead responsibility for acquisitions and vendor finance programs and joint ventures
  • Served as President of Vendor Finance for CIT USA until 2001 and recently as Co-CEO of OTEC Research Limited.
  • Currently serves as chair of the Audit Committee of the board of directors of Davis + Henderson Corp.
  • Earned a Bachelor of Commerce degree from McMaster University in 1982 and became a member of the Institute of Chartered Accountants of Ontario in 1984

Bruce Smith. B.Comm., CA. President Element Canada & Chief Operating Officer

  • Served as the Managing Director and Senior Vice President of Vendor Finance at CIT Financial Ltd. (“CIT”) from 2006 to 2011
  • Served as the President and General Manager of Dell Financial Services in Canada
  • Appointed to several senior management positions at Newcourt Credit Group.
  • Earned a Bachelor of Commerce degree from McMaster University and became a member of the Institute of Chartered Accountants of Ontario in l985

Michel Beland. BBA, CA, Chief Financial Officer

  • Served as COO and CFO of MMV Financial Inc., a private equity-backed speciality finance company from July 2007 to 2011
  • Served as Senior Vice President and CFO at Isacsoft Inc. from 2003 to 2007
  • Appointed CFO of Rogers Wireless, a division of Rogers Communications Inc.
  • Served as Vice President Finance of Newcourt Credit Group and SVP Operations and CFO of Newcourt Group Inc. U.S.A
  • Earned a Bachelor of Business Administration from the Universite du Quebec and became a member of the Comptables agrees du Quebec in l984

Todd Hudson, Executive Vice President, Originations

  • Acquired more than 16 years of sales management experience in the Canadian leasing industry
  • From 2003 to 2009, served as President of Hathway Financial, an equipment finance company serving the transportation, construction and industrial markets
  • Managed national vendor finance programs at Newcourt Credit Group and CIT in the transportation, construction and automotive markets

Stephen Sands, MBA, Chief Credit Officer

  • Acquired more than 22 years of banking and leasing experience before founding Element Financial in 2007
  • Served in senior operational and credit underwriting positions at Mercado Capital and Maxium Financial Services from 2000 to 2007
  • Managed a $2 billion vendor finance portfolio as Vice President, Corporate and Industrial Finance at Newcourt Credit Group
  • Earned his Bachelor of Arts and Masters of Business Administration degrees from the University of Toronto

Tony Bergeron, MBA, Executive Vice President

  • Acquired more than 20 years of commercial banking and equipment finance experience including 14 years with GE Capital Canada
  • Served as Senior Vice President, Aircraft Finance Group at GE Capital Canada from 2006 to 2011
  • Previously held various strategic positions over the years at GE Capital Canada in the General Aviation, Transportation, Construction and Manufacturing industry segments
  • Started his career at the National Bank of Canada, where he worked from 1990 to 1997
  • Earned his Bachelor of Arts Degree (Economics) and his MBA from Laval University