FOR: COACTIV CAPITAL PARTNERS, INC.
MAY 15, 2012 - 17:00 ET
HORSHAM, PA--(Marketwire - May 15, 2012) - Leader in business equipment leasing, CoActiv Capital Partners, Inc. (CoActiv), a Marubeni Group Company, announced today the appointment of Mr. Matthew Hieber as the company's Vice President of Asset Management.
In this position, Mr. Hieber will oversee residual settings, asset management studies, and remarketing efforts. He will report to David Kovacs, Senior Vice President.
He brings over 18 years of industry experience through his time at De Lage Landen Financial Services, where he oversaw the Asset Management and Remarketing processes for all global business units. Most recently, he served as Global Process Manager where he standardized process flows for remarketing activities across North America and Europe.
"I am looking forward to bringing my international business experience and Asset Management knowledge to the CoActiv management team," Mr. Hieber stated. "I am also excited to be reunited with several colleagues whom I've worked with before, early on in my leasing career. "
David Kovacs stated, "We are very pleased to have Matt join the CoActiv team. His global leasing experience will provide a strong foundation for success at this company and will support CoActiv in many ways."
About CoActiv Capital Partners, Inc.
CoActiv Capital Partners, headquartered in Horsham, PA, is one of the fastest growing commercial equipment leasing finance companies in the United States. CoActiv specializes in designing and implementing private-label sales-aid finance programs to meet the needs of equipment manufacturers in specific industries and has particular expertise in customizing programs for the multi-tiered distribution channels within those industries.
CoActiv Capital Partners is part of Marubeni Group and Marubeni America Corporation (MAC). Marubeni is ranked 189 in the Fortune Global 500 and is located in 69 countries with over 5000 employees and 114 offices worldwide.
Marubeni Corporation is headquartered in Tokyo, Japan. Marubeni America Corporation is located at 375 Lexington Avenue, New York, NY 10017. CoActiv Capital Partners' headquarters is located at 655 Business Center Drive in Horsham, Pennsylvania. Its Canadian division, CoActiv Capital Partners Canada, is located at 307-3310 South Service Rd, Burlington, ON L7N 3M6. For more information about Marubeni visit marubeni.com. For more information about CoActiv Capital Partners, visit www.coactivcapital.com.