ECN Capital Announces Annual Meeting Voting Results
Globenewswire·2025-05-22 19:00

Core Points - ECN Capital Corp. confirmed the election of eight nominees as directors at the annual meeting, with approximately 77.19% of the votes represented [1] - Tarun Mehta was elected to the Board and will serve as Chair of the Credit & Risk Committee, bringing extensive experience from Truist Financial Corporation [3][4] - The meeting resulted in the passing of several resolutions, including the re-appointment of auditors and advisory votes on compensation [2] Company Overview - ECN Capital manages assets totaling US$6.9 billion and provides business services to North American banks, credit unions, life insurance companies, pension funds, and institutional investors [5] - The company specializes in originating, managing, and advising on credit assets, focusing on consumer loans (manufactured housing and recreational vehicles) and commercial loans (inventory finance and rental) [5]