Daily News: June 14, 2018

Stonegate Promotes Woody to MD


Stonegate Capital promoted Ryan Woody to managing director of credit and operations in the Chicago office. He will be responsible for managing credit, collateral monitoring, loan accounting and treasury.

“Since joining us a little over a year ago, Ryan has been instrumental in helping to build out our operational and credit functions, and we are excited to have him support our ever-growing portfolio,” said Darren Latimer, CEO.

Woody began his commercial lending career in 2002 at GE Capital. He has subsequently held various credit and operational roles at Wintrust, Bridge Finance Group, Gibraltar Business Capital and Wells Fargo. His experience spans a broad range of commercial debt products including asset based, cash flow, health care, factoring and rediscount.

Stonegate also added two new team members to its Chicago office. Dan McCallum joined Stonegate’s Underwriting and Credit Team as a director, while Karen Szafraniec joined the Credit and Operations team as a vice president.