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Leadership Transition: Announcing Marc Snover as CEO

Vantage Financial is thrilled to announce Marc Snover as our new Chief Executive Officer. Our previous CEO, William Foudray is starting a new position at our parent company, Peoples Bank, overseeing the specialty finance businesses.

Marc started his leasing career in the Equipment Finance division of TCF Bank, a $20Bn+ asset financial institution in Minneapolis, Minnesota. Prior to becoming a senior leasing executive, Marc spent nearly a decade in mergers and acquisitions and equity research. He began his career as a dealmaker at Bank of America Merrill Lynch in New York City and later held various positions at Piper Jaffray and Target Corporation. Ultimately, Marc went on to co-found his own business before entering the world of equipment leasing.

"I am excited to see Marc Snover move into the role of CEO of Vantage Financial. Marc possesses the skills, experience, and leadership abilities to continue the growth and success of Vantage. Most of all, Marc's approach to long-term trust relationships perfectly aligns him with Vantage's approach to its clients, business partners, and its employees." - William Foudray, former Vantage Financial CEO

William founded Vantage Financial with his partner, Bob Murphy in 2011 and was the CEO for 12 years. With his new position, William will be overseeing the Peoples Bank Specialty Finance businesses including Insurance, North Star Leasing, and Vantage Financial.

Previously serving as our Senior Vice President of Operations, Marc has a great knowledge of Vantage and our industry. Having joined Vantage Financial over 5 years ago, he has played an integral role in the company's growth and continuous improvement efforts through his innovation and leadership.

"I am excited about the opportunity to lead this exceptional team and build on our existing platform at Vantage. Together, we will continue to provide innovative and flexible equipment leasing solutions to our clients, fostering growth and success. I look forward to working collaboratively with our dedicated employees, partners, and clients to drive Vantage Financial into the future." - Marc Snover, Chief Executive Officer

Outside of the office, you can find Marc spending his time coaching hockey or soccer for his two sons and enjoying every moment with his wife, Lauren.

We are excited about the leadership transition and what the future holds for Vantage. Marc will undoubtedly lead the company with the same passion and commitment that he has exemplified over his time here.

"With our exceptional, dedicated team and a clear vision, I am confident that we will navigate the evolving landscape successfully, positioning Vantage Financial as a leader in the equipment leasing industry." - Marc Snover, Chief Executive Officer


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