Access Capital, a New York-based commercial finance company, promoted Angela Santi and Paul Mehring to be the company’s new co-presidents.
Both Santi and Mehring were each previously executive vice presidents of the company and have had years of experience at Access Capital and other commercial finance companies.
Santi has more than 30 years of experience in account management, auditing, business development and credit analysis. She joined Access Capital in 2000 after working as an underwriting manager and deal facilitator for CIT. Prior to that she was part of the asset-based lending group at GE Capital and before that she worked at the National Bank of Canada.
Mehring joined Access Capital in 1990. His experience includes work in underwriting, portfolio management and business development.
As a part of the fulfillment of this long-planned management succession strategy Miles M. Stuchin, the company’s founder and president since the start of Access Capital more than 30 years ago, has moved from president to chairman.
“This is a well-deserved promotion for both Angela and Paul. For the past several years we’ve been preparing for this change and their work going forward will very much be a continuation of the great work that they’ve been doing all along,” said Stuchin of the promotions. “Both Angela and Paul have consistently demonstrated the dedication, intelligence and drive of personal leadership that are so fundamental to the company’s well respected position in the market. I have great confidence in the role they’ll continue to play together in the further growth and development of Access Capital.”