Experienced Finance Executive Joins Nation’s Leading Online Small Business Lender
NEW YORK, July 9, 2018 — OnDeck® (NYSE: ONDK), the leader in online lending for small business, today announced the appointment of Stephen Klimas as the company’s Head of Investor Relations. A twenty year veteran of CIT Group, Klimas will report to OnDeck Chief Financial Officer Ken Brause.
Klimas joins OnDeck from Avolon, a global commercial aircraft leasing company, where he served as Managing Director for Finance and Capital Markets following the company’s acquisition of CIT Aerospace in 2017. From 1998 to 2017, Klimas held several finance leadership positions at CIT Group, including Senior Vice President for Investor Relations, Chief Financial Officer of the Transportation and International Finance segment, and multiple management roles in the Treasury department. Klimas began his career in the Treasury division of Beneficial Management Corporation, now HSBC.
“I am thrilled that Steve is joining OnDeck to lead our investor relations program,” said Ken Brause, CFO, OnDeck. “Steve is an accomplished and energetic leader who brings extensive experience in dealing with complex financial matters and interacting with both equity and fixed income investors. I’m confident he will make an immediate and meaningful contribution to OnDeck.”
Klimas holds a B.S. in Business Management and Administration from the College of New Jersey and a Masters of Business Management from Lehigh University.
OnDeck (NYSE: ONDK) is the leader in online small business lending. Since 2007, the company has powered Main Street’s growth through advanced lending technology and a constant dedication to customer service. OnDeck’s proprietary credit scoring system – the OnDeck Score® – leverages advanced analytics, enabling OnDeck to make real-time lending decisions and deliver capital to small businesses in as little as 24 hours. OnDeck offers business owners a complete financing solution, including the online lending industry’s widest range of term loans and lines of credit. To date, the company has deployed over $8 billion to customers in 700 different industries across the United States, Canada and Australia. OnDeck has an A+ rating with the Better Business Bureau and is rated 5 stars by Trustpilot. For more information, please visit www.ondeck.com.