Triumph Financial in Dallas has elevated the roles of three executives to serve as division presidents.
The $5.9 billion-asset Triumph said in a press release that the moves are designed to “strengthen its organizational structure and position the company for long-term growth and innovation in the transportation and financial services industry.”
Kim Fisk was named president of factoring. Fisk, Triumph’s chief operating officer, succeeded Tim Valdez, who is now chairman of the factoring segment.
Todd Ritterbusch, the bank’s president, was named president of payments and banking. David Vielehr was named president of LoadPay; he was a senior vice president of Triumph’s digital banking platform for the trucking industry.
The appointments “reflect our commitment to building a strong, focused structure that positions Triumph to achieve our ambitious goals,” Aaron Graft, Triumph’s vice chairman and CEO, said in the release. The executives “are experienced leaders with the expertise and vision needed to drive innovation and deliver value to our customers and shareholders.”