August 09, 2022 | Company Release

MOUNT LAUREL, NEW JERSEY: PEAC Solutions (PEAC) taps industry expert for a newly created role. Robert Mercogliano, an industry veteran with over 30 years of experience, has been hired as SVP, Head of Asset Management. Mercogliano will be responsible for developing the asset management strategy and remarketing efforts to better support fair market value leasing and residuals for PEAC.

“I am thrilled to have Bob join our team,” said Tom Lyle, COO of PEAC Solutions. “Bob brings a wealth of experience in all asset classes and will help build our offerings in Construction, Transportation and Industrial (CT&I), Healthcare, Office Equipment, and Direct.”

Robert comes to PEAC from the heavy-equipment online auction company, Bidadoo.

On the new position, Mercogliano says, “Under the new senior management team with decades of experience, I’m excited to join the PEAC family. The direction that the company has been heading is one that I think will open doors for a lot of potential and growth. Focusing on assets themselves, rather than a traditional selling model, is going to help PEAC soar to new heights as a best-in-class global equipment finance solutions provider, and I’m glad that I get to be part of it.”