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Paul Schmitt

Profile
  • Senior executive with more than of 40 years experience with specialty finance companies from startups to Fortune 1000 firms

  • Extensive experience in general management, business development and operations

Expertise
  • Operations

  • Finance

  • Legal

Representative accomplishments
Select Prior Employers
  • Newcourt Financial

  • United States Leasing International

  • EY (Ernst & Young) – Specialty Finance Advisory Practice

  • SAP America – Running US customer financing

  • JPMorgan Chase

  • Dresdner Kleinwort Benson

  • Bank of America NT & SA

  • Solar Financing Solutions

  • Tideline Capital

  • Won bid for Dell Financial Services, and led as opening Chief Operating Officer

  • Established Newcourt Financial in the United States and led unit for six years

    • Originated over $3B in hardware, over $1B software with over 20 vendors

  • Established Dresdner Kleinwort Benson North America Finance and led unit for three years

    • Originated over $0.5B of assets with 10 vendors

    • Sold unit to JPMorgan Chase

  • Led JPMorgan Chase Leasing's vendor finance group

  • Over a nine-year career at US Leasing, promoted from transactional counsel to chief counsel, then to Treasurer and ultimately to CFO of the operating lease and aircraft leasing units

    • Served as CFO, and led the IPO of a NYSE-listed master limited partnership--Airlease, Ltd.

    • Developed gap- and duration-based asset/liability management strategy

    • Managed rating agency relationships leading to credit rating upgrade

    • Enhanced liability management with the introduction of hedges, swaps and caps

    • Introduced and managed company's investment portfolio

  • Re-established SAP's customer finance program (which had been shut off by the financial crisis) rewrote the customer financing and vendor agreements

Education
  • University of Pennsylvania

    • Juris Doctor

    • MBA from Wharton Graduate Division

  • Cornell University

    • AB, Magna cum Laude in Economics, in six semesters

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