DALLAS – May 6, 2024 – Triumph, a member of the Triumph Financial, Inc. (Nasdaq: TFIN) portfolio of brands, is pleased to announce the appointment of Todd A. Witmer as the new SVP, Business Development Officer for its asset based lending group. In this role, Witmer will play a pivotal role in forging strategic partners and identifying new business opportunities for Triumph. He will be responsible for cultivating and nurturing relationships, working closely with the executive team to identify emerging opportunities and developing innovative strategies to capitalize on them.
“We’re excited to welcome Todd to the growing team at Triumph,” said Ken Pardue, national head of asset based lending originations for Triumph. “His wealth of experience and extensive network make him a valuable addition to our team, and we eagerly anticipate his future successes.”
Witmer is joining Triumph with an impressive background and a strong drive to achieve business success. His most recent role was as the senior business development director for Mitsubishi HC Capital, where he led business development efforts throughout the Great Lakes region. Prior to that, he served as the president of Mercantile Bank in southeast Michigan, where he successfully led the team in generating new opportunities in a high-growth market. With over 30 years of experience, Whitmer will utilize his vast network and insights to drive revenue growth and strengthen Triumph’s position in the asset-based lending industry.
Whitmer expressed his excitement about the new role, saying, “I am honored to join Triumph and am eager to contribute to its continued success. I look forward to collaborating with the talented team members to drive innovation and partnerships.”
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About Triumph
Triumph is a leading provider of cash flow management services for the trucking industry. Triumph provides a unified product offering that includes invoice factoring, fuel discount programs, truck and cargo insurance and access to equipment finance, banking and treasury services.
Triumph is a member of the Triumph Financial, Inc. (Nasdaq: TFIN) portfolio of brands.
Factoring services offered by Triumph Financial Services LLC.
Banking services offered by TBK Bank, SSB, Member FDIC.
Insurance offered through Triumph Insurance Group, Inc., DBA in California as Triumph Risk and Insurance Solutions. Texas License # 1941647. Insurance products and services not a deposit, not FDIC insured, not guaranteed by the Bank, not insured by any Federal Government Agency, and may go down in value.
Fuel Card is offered by TransConnect Services (TCS) | https://www.tcsfuel.com
About Triumph Financial
Triumph Financial, Inc. (Nasdaq: TFIN) is a financial holding company focused on payments, factoring and banking. Headquartered in Dallas, Texas, its diversified portfolio of brands includes TriumphPay, Triumph and TBK Bank. www.tfin.com
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Amanda Tavackoli
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214-365-6930
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214-365-6936