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Rosenthal Taps Norton as EVP and Head of Firm’s New Equipment Leasing Division

byBrianna Wilson
December 11, 2024
in People

Rosenthal & Rosenthal, a private commercial finance firm in the United States, added Patrick Norton as executive vice president and head of equipment leasing.

Norton brings more than 25 years of experience in commercial finance, structuring underwriting and managing bank portfolios. He has a strong background in both equipment finance and asset-based lending, including traditional ABL, retail finance, bankruptcy refinancing and workouts.

Most recently, Norton served as a consultant to Rosenthal leading up to the firm’s acquisition of Accord Financial’s domestic equipment leasing division in October 2024. Prior to joining Rosenthal, Norton was senior underwriter and portfolio manager at Wells Fargo Bank’s equipment finance division, where he managed a team of more than 40 professionals, overseeing large ticket, capital market and middle market bank underwriting and portfolio responsibilities. At Rosenthal, Norton will head up the growing equipment leasing division, helping to expand the firm’s footprint in the Northeast and Midwest.

“Patrick is a seasoned pro and brings a wealth of commercial finance experience to Rosenthal that will only deepen our expertise in equipment finance,” Paul Schuldiner, chief lending officer at Rosenthal, said. “I have no doubt that, under his leadership, our equipment leasing team will continue to expand Rosenthal’s reach and impact in the Midwest, Northeast and beyond.”

“This is such an exciting time to join Rosenthal, especially with the recent acquisition of Accord’s U.S. equipment leasing division and the growth opportunities that presents for the firm,” Norton said. “We have an incredibly strong foundation already in equipment leasing, and I look forward to helping to build out our talented team so we can bring Rosenthal’s expanded suite of capabilities to new clients and new regions around the country.”

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