PEAC Solutions, an asset finance platform with a footprint in the US, continental Europe and the UK, has appointed Greg Sting as President of the Americas and will oversee key functions including credit, booking, sales support, customer care, collections, asset management, legal, IT, finance and human resources.

Sting is an industry veteran with over 30 years of experience in leasing and financial services, including the past 9 years with PEAC Solutions, where he most recently served as Senior Vice President and Chief Operations Officer (COO).

Prior to joining PEAC Solutions, he was the COO of CIT Finance LLC and was responsible for servicing their vendor finance portfolio. He has also held various operations management roles with Stryker Financial Solutions and Dana Commercial Credit.

Bill Stephenson, CEO of PEAC Solutions, said: “The expansion of Greg’s responsibilities is a well-deserved recognition of his contributions to PEAC Solutions. I am confident that he will continue to drive the efficient growth of our operational and servicing capabilities and further increase the value that we deliver to our vendor partners and customers.”

Greg Sting said: “I am very proud of the solid operational and digital foundation that we have built in recent years, and the many steps we have taken to enhance customer service, including the ‘Partner Ambassador’ concept. Looking ahead, I am excited to be taking on this wider scope of responsibilities and further contributing to the company’s continued growth and success.”

As of December 2022, PEAC Solutions was active in 13 national markets, had over 800 full-time employees globally and a portfolio of more than $5.0bn, according to a press release.