Beyond Bricks and Mortar: Lenders Adapt to E-Commerce
Share
Beyond Bricks and Mortar: Lenders Adapt to E-Commerce
By Keith Vercauteren, Senior Managing Director; Irene Marks, Managing Director; & Lauren Murphy, Vice President, Wells Fargo Capital Finance
The retail industry was once dependent on store count and improving same-store sales to drive growth. Fast forwarding to 2015, when Amazon is ranked among the top 10 U.S. retailers, the most widely used buzzword of the year is “omnichannel,” and a retailer could potentially abandon generations...
We hope you enjoyed your free content!
To continue, please become a TMA member.
Access the Journal of Corporate Renewal and other content in the Learning Link.
Become part of a global organization of turnaround and restructuring professionals with 52 Chapters and more than 400 events each year.
Build your personal brand and professional network with opportunities to connect, speak, lead, and win awards.
Lauren Murphy, a vice president in the Retail Finance Division of Wells Fargo Capital Finance, is responsible for managing a portfolio of senior secured financing for middle market and large corporate retailers across the United States. Prior to joining Wells Fargo in 2010, she worked as an asset-based field examiner focusing on small and middle market secured loans across various industries. Murphy holds a bachelor’s degree in business administration from Bryant University and participated in the University of Massachusetts Boston’s Emerging Leaders Program.
Irene Rosen Marks, a managing director for Wells Fargo’s Retail Finance team, leads the originations effort for all asset-based transactions with retailers in the United States and Canada. In her nearly two decades of focus on the retail industry, she has worked with clients in all sectors of the retail industry and has had experience in M&A, corporate finance, and complex restructurings. Marks has held a variety of roles in client management, underwriting, and credit. She holds a bachelor’s degree from Duke University and is based in Philadelphia.
Keith Vercauteren is a senior managing director at Wells Fargo Capital Finance and manages the Retail Finance Division, which provides secured financing to middle market and large corporate retailers across the United States and Canada. Vercauteren joined the firm in 2009 from Bank of America Merrill Lynch and its predecessors, where he was a managing director in the Consumer and Retail Investment Banking division. He holds a bachelor’s degree in finance from the University of Massachusetts and an MBA from Babson College.
