Merchants Leasing Hires Glen Villano as Chief Operating Officer

MANCHESTER, N.H., May 28 /PRNewswire/ -- Merchants Leasing is pleased to announce that Glen Villano has joined the company in the newly created position of Chief Operating Officer. Villano has a strong track record and reputation in finance, sales, operations and strategic planning which he developed during more than 30 years of senior management responsibilities in the financial services and recreational products industries. He will report to Phil Ryan, Merchants CEO.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080528/NEW099LOGO )

Villano graduated from the University of Notre Dame and earned his Masters in Business Administration degree from Northwestern University. He is a CPA and started his career as a Public Accountant followed by increasing responsibilities in sales, marketing and finance with McGraw Edison, Citicorp and Transamerica Finance. He spent 10 years with Harley-Davidson Financial Services gathering broad experience internationally and in the US in strategy, sales, marketing, operations, quality and finance. As COO, he led the project that established Harley-Davidson's Eaglemark Bank and he played a key leadership role in the company's rapid and profitable growth.

"We are delighted that as a result of a national search process we were able to identify Glen and attract him to Merchants," said Ryan. "Glen has experienced all of the challenges in growing a sizeable business and he brings the breadth of experience, management style and energy to successfully lead the profitable growth of our company."

Villano will be responsible for the day-to-day managing of Merchants Leasing sales and marketing, operations and asset management and the company's niche van rental and short-term leasing solutions division. He and his wife Kathy will be relocating to the Manchester area from Chicago.

About Merchants Leasing

Merchants Leasing offers customers nationwide a total fleet solution which includes its unique No Risk closed-end lease option. Other comprehensive services include insurance and maintenance programs, fuel cards to manage mileage and gasoline expenses, local and nationwide delivery, and expert fleet management and administration.

Merchants leases a variety of vehicles including cars, trucks and vans, law enforcement vehicles, handicap-equipped vehicles and more. Merchants Leasing is part of Hooksett based Merchants Automotive Group and a Singer Family Company which includes Merchants Auto, Merchants Service and CARQUEST Parts. For more information about Merchants Leasing, visit the company's website at http://www.merchantsleasing.com/.

Media Contact:
Dennis Cavagnaro
(603) 695-9234


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Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080528/NEW099LOGO
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PRN Photo Desk, photodesk@prnewswire.com
Source: Merchants Leasing

CONTACT: Dennis Cavagnaro of Merchants Leasing, +1-603-695-9234

Web site: http://www.merchantsleasing.com/


2008-05-28 17:51:56 0372275 PRNEWSWIRE

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