Daily News: August 13, 2019

Crestmark Promotes Three in Transportation Finance


Crestmark’s Transportation Finance Division promoted Sherri Holmes and Kim Meek from account executives to portfolio management for the division and Phyllis Packard to vice president, legal compliance.

“These promotions are well-deserved,” said Executive Vice President and Transportation Services Division President Heath Holdbrooks. “Our division has grown quickly and steadily over the past several years — and it became time to expand the account supervision team in line with that growth. As account executives, Kim and Sherri have consistently shown dedication to our clients. And Phyllis’ compliance knowledge and efforts have helped ensure growth was done with an eye on regulatory guidance. The contributions of these team members have been invaluable to the success of the transportation division. We are proud to announce their new roles.”

Holmes has more than 25 years of industry experience in transportation credit, collections, and factoring. She joined Crestmark in 2011 when the company acquired the Comdata Transportation Factoring Unit, where she was a portfolio manager supervisor. In 2013, she was promoted to assistant vice president, and in 2016 she was promoted to vice president for the division.

Meek has more than 25 of years of experience in the finance and transportation industries. She joined Crestmark in 2011 when the company purchased the Comdata Transportation Factoring Unit, where she was a portfolio manager. In 2013, she was promoted to assistant vice president, and in 2016 she was promoted to vice president. Earlier, she was collection manager in the transportation division at Comdata.

Packard became part of Crestmark’s Transportation Division with the company’s 2011 acquisition of the Comdata Transportation Factoring Unit, where she had worked in financial services. At Crestmark, she started in operations as the collections supervisor, and has overseen legal compliance for the division since 2012. She was promoted to assistance vice president from officer in 2016.