Mack Trucks, Greensboro, North Carolina, announced a leadership change at its Mack Financial Services captive finance arm on June 22. According to the company, effective July 1, Patrick Shannon will be the new president of Mack Financial Services’ North American region.
In this role, Shannon will be responsible for the business operations and financial performance for Mack Financial Services in the U.S., Canada and Mexico.
Shannon has more than 30 years of experience in business operations and financial services and has had various senior leadership roles in sales, wholesale operations and risk management. He most recently was the senior vice president of risk and chief credit officer for Mack Financial Services.
Shannon has a bachelor’s degree in business administration from Saint John’s University and an MBA from Wake Forest University. Shannon will continue to be based out of the company’s Greensboro location.