Merchants Fleet Hires Kathryn Parkinson as New Vice President of Commercial Credit

Written By: Merchants Fleet

Hooksett, N.H. June 10, 2022: Merchants Fleet, the nation’s fastest growing fleet management company, is pleased to announce the hire of Kathryn Parkinson as the new Vice President of Commercial Credit.

Parkinson will lead Merchants’ Commercial Credit team in managing credit risk and ensuring strong credit quality across the company’s portfolio of nationwide Fleet and Mobility segments. In the coming year, Parkinson will also support strategic growth initiatives including credit automation and securitization.

“Kathryn is a brilliant thinker with incredible expertise, and we are thrilled to have someone of her caliber joining us on the Credit and Risk team at Merchants,” said Jack G. Firriolo, Chief Credit & Risk Officer at Merchants Fleet.

A tenured industry professional, Parkinson has supported numerous businesses throughout her 25-year career, including Element Fleet Management where she served as Chief Credit Officer for 5 years and oversaw the Integration of the ~$15BN combined legacy PHH and GE Fleet portfolios to establish a cohesive and efficient go forward Credit & Risk function.

“Merchants is setting the gold standard for excellence in the fleet industry, and I am excited to be joining such an innovative team,” said Parkinson.

Merchants Fleet currently works with major fleet and mobility partners throughout North America, and is driving fleet electrification with reservations of 40,000 electric vehicles and $2.5B committed toward having its mobility fleet 50% electric by 2025, and 50% of its clients’ fleets electric by 2030.

Parkinson holds a bachelor’s degree in Business from Wilfrid Laurier University in Canada. She currently splits her time between her home in Canada and Merchants Fleet headquarters in Hooksett, NH.

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