Daily News: January 9, 2012

Capital One Appoints Gibson as SVP of Leverage Finance in Northeast

Capital One Bank announced the appointment of Bruce Gibson as senior vice president of Capital One Leverage Finance Corp. Gibson will facilitate the expansion of Capital One Leverage Finance’s market presence in the Northeast focusing on the origination of senior debt facilities, as well as developing relationships with capital providers, equity sponsors and investments banks.

Prior to joining Capital One, Gibson served as vice president and new business development officer at Sterling National Bank. At Sterling, he was responsible for originating asset-based transactions and cross-selling banking services. He also held roles at CIT Commercial Credit, Webster Business Credit Corporation and Washington Mutual Bank.

“Bruce brings with him more than 23 years of experience in asset-based lending and commercial finance with a focus on new business origination, direct marketing and relationship management,” said Michael Burns, senior vice president and Asset Based Lending regional manager, Capital One Leverage Finance. “I am confident his industry expertise coupled with strong credit and loan structuring skills will make him very successful in this new role.”

Gibson holds a B.S., Business and Economics from Lehigh University. He has held leadership positions on a number of regional boards and committees such as: the Turnaround Management Association, the Risk Management Association and the Commercial Finance Association.

“I am thrilled to join the dynamic and experienced team at Capital One Bank,” said Gibson. “I have been impressed with the team’s commitment to creating the most effective, value-driven products for our clients and look forward to helping them continue to grow and identify new opportunities.”

Capital One Leverage Finance offers both asset-based (ABL) and structured finance loans to expanding companies in the manufacturing, retailing, wholesaling and service industries.