Meet Executive Leadership Team

David C. Lee
Chairman and CEO
David C. Lee
Chairman and CEO

Mr. Lee has over 30 years of financial services experience.  He is the CEO of Colford Capital Holdings, the parent company of NMEF and has served as its Chairman since its formation in 2012.  Previously, Mr. Lee served as President of D.B. Zwirn & Co., a $6.5 billion AUM alternative asset manager and successfully navigated that firm through the 2008 financial crisis and merger integration into Fortress.  He was the Founding Managing Partner of Saturn Venture Partners and a Partner with the private equity firm of Sandler Capital.  For the first half of his career, Mr. Lee was an investment banker, most recently serving as a Managing Director at Lazard, where he advised on M&A transactions valued in excess of $50 billion.  Mr. Lee graduated magna cum laude from The Wharton School at the University of Pennsylvania in 1986.

Josh Rothman
Executive Vice President,
Chief Operating Officer
Josh Rothman
Executive Vice President,
Chief Operating Officer

Josh Rothman joined Equilease in 2003. Mr. Rothman currently manages the continued development of North Mill’s credit model, front-end and back-end systems as well as the Second-Look Programs and operational reporting to senior lending sources. During his tenure, Mr. Rothman has held various positions, including management of third-party portfolio acquisitions, with a focus on pricing, diligence, closing and operational transitioning of 30 portfolios totaling over $1 billion of original equipment cost. Prior to joining Equilease, he was a financial analyst at a publishing company. Mr. Rothman received his B.S. in Mathematics from St. Lawrence University.

Mark Bonanno
Executive Vice President,
Chief Financial Officer
Mark Bonanno
Executive Vice President,
Chief Financial Officer

Mr. Bonanno is a Certified Public Accountant who joined North Mill as the firm’s Chief Financial Officer in the summer of 2016.   Prior to joining North Mill, he was Chief Financial Officer at Advantage Funding, a commercial equipment finance company based in Lake Success, New York.  He previously spent sixteen years at General Electric in various financial management roles, including Finance Manager of the Corporate Initiatives Group, CFO of Xerox Capital Services and Operational Controller of GE Energy Financial Services. Mr. Bonanno was educated at the University of Massachusetts, from which he holds a BBA in accounting and is a Certified Black Belt, Six Sigma.  He is also a graduate of the GE Management Development Course.

David Evans Katz
Senior Vice President,
Capital Markets
David Evans Katz
Senior Vice President,
Capital Markets

David Katz, Senior Vice President and Head of Capital Markets & Strategic Finance, joined North Mill in 2005 as a member of the executive management team.  He’s responsible for developing and maintaining relationships with North Mill’s lenders and working with the company’s investment bankers to structure and place asset-backed securities.  He  has more than 30 years of capital markets experience as an investment banker and institutional investor, having focused on structured finance and asset-backed securities, specifically in the specialty finance and equipment leasing industries.  Mr. Katz was Managing Director and co-founder of Ironwood Capital, where he originated, structured and placed over $4 billion of asset-backed securities and more than $1 billion in other debt and equity securities.  Earlier in his career, he was an institutional investor with PruCapital.  He has an MBA from Columbia Business School, and an MEd and BA from Northeastern University.

Joe Littier
Senior Vice President,
Portfolio Management
Joe Littier
Senior Vice President,
Portfolio Management

Mr. Littier has over 40 years’ experience in leasing and finance.  He is involved in managing many areas of the company including operations, sales, remarketing, credit, collections, customer service, legal, documentation, re-structuring, UCC management, insurance and titling.  His expansive career includes prior ownership in two businesses. One of those businesses was a partnership in a leasing and finance company.

Currently, Mr. Littier is the department head for Collections and Customer Services which includes myriad responsibilities such as managing insurance, UCC’s, titling and restructuring.  Additionally, he is responsible for servicing a $260 million equipment lease portfolio the company services for an outside bank-owned equipment leasing company.

Prior to joining Equilease/North Mill in 1997, Mr. Littier held executive positions at leasing companies of Randolph Computer Corporation, which was owned by Bank of Boston, and Davenport Leasing and Financial Corporation.

Bob Dion
Senior Vice President, Credit
Bob Dion
Senior Vice President, Credit

Mr. Dion has over twenty five years of credit, collections, documentation, and sales experience in the small and middle market commercial equipment finance industry. Currently, Mr. Dion manages the Credit and Documentation and Funding Departments of North Mill.  Additionally, he is a member of the firm’s Credit Committee, the group of executives that sets the credit strategy for the company.

Prior to joining Equilease/North Mill in 2007, Mr. Dion held various credit-focused positions including AVP, Center Capital Corp; VP, GE Capital; Director of Credit and Contracts, Phoenixcor, Inc.; and Credit Analyst at MetLife Capital.

Rick Ciralli
Senior Vice President, Asset Management
Rick Ciralli
Senior Vice President, Asset Management

Mr. Ciralli has over 20 years of industry experience managing complex collections, work-outs, equipment evaluations, asset recovery and distribution. Currently, Mr. Ciralli is the Senior Vice President of Asset Management at North Mill. Additionally, he is a member of the firm’s Credit Committee, the group of executives that sets the credit strategy for the company. He oversees the valuations for the credit originations platform, the asset recovery department and the asset disposition team. Prior to joining Equilease/North Mill in May of 2002, Mr. Ciralli held upper asset management positions with PFSC (Portfolio Financial Service Corp) Unicapital Corp and Keystone Leasing