PEAC Solutions announces the retirement of Tibor Horvath, senior VP of CT&I division. With over 40 years in equipment finance, Horvath will transition to a consultant role, focusing on material handling and forklift sectors, after growing business volume from $125m to $340m and adding 20 new vendor partners.

PEAC Solutions CEO praises Horvath’s leadership in establishing the company as a global leader in construction industry leasing. Under his guidance, PEAC grew from minimal market presence to a prominent player. Horvath’s career includes senior positions at international finance institutions before joining PEAC.

PEAC Solutions, a global asset finance platform, serves clients in equipment manufacturing, distribution, and dealership sectors across North America, Europe, and the UK. Recently, the company expanded its US presence through the acquisition of ePlus’s domestic subsidiaries. Horvath’s retirement marks a transition in the company’s leadership.

Read more at Yahoo Finance: PEAC Solutions’ senior VP Tibor Horvath to retire