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Financial Pacific Executive Team


President and Chief Executive Officer

Mr. Menzel joined Financial Pacific in 2008. He began his career in leasing in 1975 with Puritan Leasing Company where he became Vice-President and General Manager. He continued in this role after Puritan was acquired by Cal Fed Credit in 1986. When Cal Fed Credit was acquired by Pacific Capital Bank NA (fka Santa Barbara Bank & Trust) in 1996, Mr. Menzel’s role was expanded and he became Senior Vice-President of Community Lending for Pacific Capital. In this role he oversaw the Leasing, Small Business and Indirect Auto Lending units of the Bank, managing over $750 million in assets. In 2007 when Pacific Capital sold its leasing business to LEAF Financial Corporation, he became President of LEAF Third Party Funding. Mr. Menzel, a Certified Lease & Finance Professional, is a past Board Member of the Equipment Leasing & Finance Association and chaired their Code of Fair Business Practices and Small-ticket Business Council committees. He also served on the Industry Future Council. In 2005 he was named “Leasing Person of the Year” by Leasing News. He earned his BS in Business Administration from UC Berkeley in 1974 and an MBA in Management from Golden Gate University.

Terey N. Jennings, CLFP

Executive Vice President, General Manager

Mr. Jennings, a Certified Lease & Finance Professional, is responsible for all sales and marketing activities of the Company. He joined Financial Pacific in 1986 and has held various positions within the sales and marketing area. Mr. Jennings is active in a number of equipment leasing associations and is a past President of the United Association of Equipment Leasing. He serves on the Pierce County Board of Directors of Junior Achievement of Washington. He earned a degree in Business Administration from Pacific Lutheran University.

Kathy J. Graves

Senior Vice President, Operations

Ms. Graves is responsible for the direction of operations including funding, data entry integrity, documentation compliance and customer satisfaction. Her career with Financial Pacific began in March of 1988. She has served in a variety of management positions including marketing, sales and credit. Prior to Financial Pacific she spent several years with Beneficial Finance and in the jewelry industry bringing with her administrative skills, sales and credit and collection experience. Her demonstrated leadership, ability to define best practices and achieve company objectives, and her vast industry experience led to her promotion to Senior Vice President in 2012.

Stephen E. Leege

Senior Vice President, Chief Credit Officer

Mr. Leege is responsible for all aspects of credit risk management including credit policy, underwriting and scorecard management, and chairs the risk management committee. He also has credit management responsibilities for Umpqua Bank Equipment Leasing and Finance. He joined Financial Pacific in January 2015 after seven years as Director of Credit at CIT Equipment Finance where he supported new business development and managed teams specializing in vendor credit and small ticket underwriting. In the 20 years prior he held credit management roles with Rx Financial Corp, Newcourt Financial (now CIT) and Sanwa Business Credit Corp (now Banc of America Leasing) in addition to performing contract work for several speciality lenders including Oracle Credit. Mr. Leege earned a BS in Business with a concentration in Finance from Valparaiso University.

John M. Wright, CLFP

Senior Vice President, Portfolio Services

Mr. Wright, a Certified Lease & Finance Professional, is responsible for portfolio collections, asset management and residual recovery. He joined Financial Pacific in 2000 as a Manager in the Portfolio Services Department. He was promoted to Assistant Vice President in 2002 and assumed responsibilities for multiple divisions within Portfolio Services. Prior to Financial Pacific Mr. Wright held various management positions over a 23 year career in Consumer Collections with Rainier Bank, Security Pacific Bank and Key Bank. In his last position before joining Financial Pacific Mr. Wright was Vice President and Regional Manager for Key Bank USA’s Western Region Collection Center.

Todd Derr

Senior Vice President, Umpqua Bank Equipment Leasing & Finance

Mr. Derr joined Financial Pacific in 2013 and is responsible for the expansion of Umpqua Bank Equipment Leasing & Finance, providing equipment finance to middle and upper-middle market businesses. After starting his career in commercial banking with Bank of America in Southern CA, Mr. Derr moved into equipment leasing and spent 22 years in expanded marketing and managerial roles with major operations of The CIT Group (aka Manufacturers Hanover Leasing Corp) on both the east and west coast. After the Tyco acquisition of CIT and the completion of a nationwide marketing management position, in 2004, Mr. Derr became President of TD Banknorth Leasing Corp. in Boston. Over the next 5 years he was responsible for all aspects of sales, operations, credit and administration at this subsidiary of TD Banknorth, growing the outstanding and committed portfolio to $450 million. Upon the merger of TD Banknorth with Commerce Bank in 2009, Mr. Derr moved back to commercial banking at Citibank in New England until his move back to the west coast. Mr. Derr earned a BA in Business/Economics from UC Santa Barbara and received his MBA in Finance & Accounting from California State University-Fullerton.

Allen Snelling

Senior Vice President, Umpqua Bank Vendor Finance

Mr. Snelling joined Financial Pacific in 2015 as Vice President Vendor Finance. Snelling is responsible for developing and managing leasing and finance programs which will be made available to commercial equipment manufacturers and distributors, providing financing solutions to help their customers acquire new equipment. Snelling has an extensive background in commercial lending and has been in the Vendor Finance industry for 17 years. He began his career in leasing with GE Capital in 1998 and held senior leadership roles at American Express Business Finance, Key Equipment Finance and most recently was an officer for Marlin Leasing where he led National Accounts. Mr. Snelling earned a BS in Political Science from Oregon State University in 1996.

Jodi L. Wilshire

Senior Vice President, Accounting & Finance

Ms. Wilshire is responsible for all accounting and finance activities of the company including financial reporting, maintaining effective controls, strategic planning and budgeting/forecasting. She joined Financial Pacific in 1998, working on special projects on a part-time basis while still continuing her education at the University of Washington. Aligning her career to her educational accounting and finance concentration, she accepted a full-time position in the accounting team as a Staff Accountant, later being promoted to Accounting Manager and then Controller. Ms. Wilshire's attention to detail, dedication and leadership in her various roles lead to her involvement in all major Company transactions including due diligence work on three ownership changes, S-1 drafting/filing with comment responses to the SEC, treasury functions with bank agreement management and reporting and internal and external financial and audit management. Ms. Wilshire's expertise and experience lead to her promotion to Senior Vice President in 2015.

Heather Bolek

Senior Vice President, Human Resources

Ms. Bolek is responsible for all aspects of Human Resources, aligning HR initiatives with core business objectives. Ms. Bolek is a strong generalist who has led HR functions in multiple organizations, including talent acquisition, leadership/talent development, succession planning, compensation and benefits. Ms. Bolek joined Financial Pacific Leasing in 1997, after having spent 16 years in Human Resources roles in the healthcare and restaurant industries. Ms. Bolek earned a Bachelor's degree in Business, with a concentration in Human Resources Management, from California State University, Long Beach. Ms. Bolek is an active member of the Society of Human Resources Management and the Northwest Human Resource Management Association.