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First Citizens Bank Announces New Leadership in Equipment Finance Group

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First Citizens Bank (NASDAQ:FCNCA) has announced key leadership changes in its Equipment Finance group. Rod Versteegh, former Global Business Unit President at DLL, has been appointed as the new Equipment Finance Executive, bringing over 30 years of industry expertise.

Versteegh will succeed Mike Jones, who is retiring after 30 years in the industry but will continue in an advisory role into early 2026 to ensure a smooth transition. Additionally, James Ferguson, another DLL executive, has joined as Managing Director of Sales, effective immediately.

First Citizens Bank (NASDAQ:FCNCA) ha annunciato importanti cambiamenti nel suo gruppo Equipment Finance. Rod Versteegh, ex Presidente della Global Business Unit presso DLL, è stato nominato nuovo Equipment Finance Executive, con oltre 30 anni di esperienza nel settore.

Versteegh succederà a Mike Jones, che si ritira dopo 30 anni nel settore ma continuerà in un ruolo di consulenza fino all'inizio del 2026 per garantire una transizione agevole. Inoltre, James Ferguson, un altro dirigente di DLL, si è unito al team come Managing Director of Sales, con effetto immediato.

First Citizens Bank (NASDAQ:FCNCA) ha anunciado cambios clave en su grupo Equipment Finance. Rod Versteegh, antiguo presidente de la Global Business Unit en DLL, ha sido nombrado como nuevo Equipment Finance Executive, con más de 30 años de experiencia en la industria.

Versteegh sucederá a Mike Jones, quien se retira tras 30 años en el sector, pero continuará en un rol de asesoría hasta principios de 2026 para asegurar una transición sin problemas. Además, James Ferguson, otro ejecutiv de DLL, se ha unido como Managing Director of Sales, con efectos inmediatos.

First Citizens Bank (NASDAQ:FCNCA)는 Equipment Finance 그룹의 주요 리더십 변화를 발표했습니다. Rod Versteegh는 DLL의 Global Business Unit 회장이었던 인물로, 새로운 Equipment Finance Executive로 임명되었으며 30년 이상의 업계 경력을 보유하고 있습니다.

Versteegh는 30년 동안 업계에서 일한 Mike Jones의 뒤를 잇게 되며, 원활한 전환을 위해 2026년 초까지 자문 역할을 계속합니다. 또한 DLL의 다른 임원인 James Ferguson이 즉시 발령으로 영업 담당 관리 이사(Managing Director of Sales)로 합류했습니다.

First Citizens Bank (NASDAQ:FCNCA) a annoncé des changements clés dans son groupe Equipment Finance. Rod Versteegh, ancien président de l’unité commerciale mondiale chez DLL, a été nommé nouveau Equipment Finance Executive, avec plus de 30 ans d’expérience dans le secteur.

Versteegh succède à Mike Jones, qui prend sa retraite après 30 ans dans l’industrie mais continuera dans un rôle de conseiller jusqu’au début de 2026 pour assurer une transition en douceur. De plus, James Ferguson, un autre dirigeant de DLL, a rejoint l’équipe en tant que Managing Director of Sales, avec effet immédiat.

First Citizens Bank (NASDAQ:FCNCA) hat wichtige personelle Veränderungen in der Equipment Finance-Gruppe angekündigt. Rod Versteegh, ehemaliger Präsident der Global Business Unit bei DLL, wurde zum neuen Equipment Finance Executive ernannt und verfügt über mehr als 30 Jahre Branchenerfahrung.

Versteegh folgt auf Mike Jones, der nach 30 Jahren in der Branche in den Ruhestand geht, aber bis Anfang 2026 in einer beratenden Rolle tätig bleibt, um einen reibungslosen Übergang sicherzustellen. Zudem ist James Ferguson, ein weiterer DLL-Führungskraft, als Managing Director of Sales beigetreten und hat seine Tätigkeit mit sofortiger Wirkung aufgenommen.

أعلنت First Citizens Bank (NASDAQ: FCNCA) عن تغييرات قيادية رئيسية في مجموعة المعدات المالية Equipment Finance. تم تعيين Rod Versteegh، الذي كان يشغل منصب رئيس وحدة الأعمال العالمية في DLL، كـ Executive المعدات المالية الجديد، وهو يمتلك أكثر من 30 عامًا من الخبرة في الصناعة.

وسيحل Versteegh محل Mike Jones الذي يتقاعد بعد 30 عامًا في المجال لكن سيستمر في دور استشاري حتى أوائل 2026 لضمان انتقال سلس. بالإضافة إلى ذلك، انضم James Ferguson، وهو مسؤول تنفيذي آخر في DLL، إلى الفريق كـ Managing Director of Sales، وذلك اعتبارًا من الآن.

First Citizens Bank (NASDAQ:FCNCA)宣布在其设备金融部进行关键领导变动。Rod Versteegh,曾任 DLL 全球业务单位总裁,被任命为新的 Equipment Finance Executive,拥有超过 30 年的行业经验

Versteegh 将接替在行业工作了 30 年并即将退休的 Mike Jones,但他将保留顾问职务直至 2026 年初,以确保过渡顺利。此外,DLL 的另一位高管 James Ferguson 已加入,立即生效,担任 Sales 的 Managing Director(销售总监)。

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  • Departure of successful long-term leader Mike Jones through retirement

RALEIGH, N.C., Sept. 29, 2025 /PRNewswire/ -- First Citizens Bank today announced that Rod Versteegh, previously Global Business Unit President at DLL, has joined First Citizens as its new Equipment Finance Executive.

"A respected veteran of the finance industry with over 30 years of expertise, Rod's leadership will be an incredible asset," said First Citizens Bank President Peter Bristow in announcing the appointment.

"Rod has a clear track record of success that we are eager to build upon," Bristow continued. "He brings with him a fresh perspective and a wealth of knowledge from key industries such as material handling, construction, transportation, machine tools, food, agriculture and golf and turf."

"I am thrilled to join First Citizens Bank and honored to lead one of the largest and best equipment finance organizations in the industry," Versteegh said. "This is an exciting time for our sector, and I look forward to working closely with my new colleagues to support our clients and grow our business."

Versteegh will succeed First Citizens Equipment Finance President Mike Jones, who is retiring after 30 years in the industry. Under his leadership, First Citizens Equipment Finance has routinely been ranked among the largest and most successful bank equipment lenders in the industry by Monitor magazine, a leading trade publication.

"For almost a decade, Mike Jones' leadership steered Equipment Finance, elevating it to an industry pacesetter, first at CIT and then at First Citizens," Bristow said. "Mike has built a client-focused culture of collaboration, implemented key operational and organizational improvements and cultivated a team known for its excellence."

Jones will continue with First Citizens Equipment Finance into early 2026 in an advisory role to ensure a smooth and successful transition of responsibilities.

Also joining First Citizens Equipment Finance is James Ferguson, another DLL executive, as Managing Director of Sales. Since joining DLL in 2009, he has held a number of roles in the equipment finance organization, most recently responsible for managing global new business and strategic marketing. His appointment is effective immediately.

First Citizens Bank's Equipment Finance group empowers original equipment manufacturers, vendors and small and mid-size businesses by providing equipment financing solutions via a distinctive inside/outside sales coverage model, seasoned supporting staff, technology-enabled platforms and market-leading structuring expertise.

About First Citizens Bank
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of branches and offices nationwide; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets and a member of the Fortune 500™. Discover more at firstcitizens.com.

MEDIA RELATIONS:
John M. Moran
212-461-5507
john.moran2@firstcitizens.com

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SOURCE First Citizens Bank

FAQ

Who is the new Equipment Finance Executive at First Citizens Bank (FCNCA)?

Rod Versteegh, previously Global Business Unit President at DLL, has been appointed as First Citizens Bank's new Equipment Finance Executive, bringing over 30 years of industry expertise.

When is Mike Jones retiring from First Citizens Bank's Equipment Finance division?

Mike Jones will retire from his position but continue in an advisory role into early 2026 to ensure a smooth transition of responsibilities.

What experience does Rod Versteegh bring to First Citizens Bank (FCNCA)?

Versteegh brings over 30 years of finance industry expertise with experience in material handling, construction, transportation, machine tools, food, agriculture, and golf and turf sectors.

Who is James Ferguson at First Citizens Bank Equipment Finance?

James Ferguson, formerly from DLL, has joined First Citizens as Managing Director of Sales. He previously managed global new business and strategic marketing at DLL since 2009.

What is First Citizens Bank's position in the equipment finance industry?

First Citizens Equipment Finance has been consistently ranked among the largest and most successful bank equipment lenders in the industry by Monitor magazine.
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