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Crestmark Promotes Scott Frederick and Matt Dekutoski

PRESS RELEASE
For Immediate Release September 12, 2011

Crestmark is pleased to announce the promotion of Scott Frederick to Regional First Vice President of Business Development and Matt Dekutoski to Regional First Vice President of Business Development. They are based out of the Midwest Region/Troy, Michigan office.

 Frederick joined the Crestmark team in 2005 and was recipient of the Midwest Region’s top sales performer award for the years 2007 through 2009. Frederick has over 21 years experience in sales management, 16 of those in commercial finance. He has achieved Six Sigma Certification, and has a B.A. in Business Administration from Hope College in Michigan. Frederick is a member of the Commercial Finance Association (CFA), Turnaround Management Association (TMA), Association for Corporate Growth (ACG), in addition to several other industry and regional associations.

Dekutoski joined the Crestmark team in 2007 and was recipient of the Midwest Region’s top sales performer award in 2010. Dekutoski has over 21 years experience in the commercial banking industry. He has a B.A. in Economics from Albion College, an MBA from Wayne State University, both located in Michigan; and has completed the CFA Field Examiner School. Dekutoski is a member of the Commercial Finance Association (CFA), Turnaround Management Association (TMA), Association for Corporate Growth (ACG), in addition to several other industry and regional associations.

"Scott and Matt have been instrumental in allowing Crestmark to meet its yearly growth objectives consistently over the past several years. They are both champions for developing working capital solutions for the small- to middle-market clients Crestmark serves. Scott and Matt will be assisting in the continual evolution of Crestmark nationally in addition to servicing their respective areas in the Midwest region,” said Ray Morandell, Senior Vice President, Sales Manager for the Midwest Region/Troy, Michigan office.

“Scott and Matt are exceptionally skilled at partnering with businesses in diverse industries and structuring a creative solution to accommodate the clients’ working capital needs… and these promotions are well-deserved,” said Jack R. Roper, Group President, Midwest Region.

Crestmark is a nationally recognized provider of working capital solutions for small- to medium-sized businesses. Financing solutions include asset-based lending, accounts receivable financing and factoring. Extensive experience in many industries, including manufacturing, staffing, government receivables, apparel, and transportation. Headquartered in Troy, Michigan, with regional offices in Florida, Louisiana and Tennessee; sales offices located in Alabama, California, Florida, Georgia, Illinois, Ohio, New Jersey, New York, Missouri, North Carolina, Tennessee and Texas. www.crestmark.com

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