Equipment Finance News

Rubin named Allstate Leasing president

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Peter Rubin has been named as president and chief operating officer of Allstate Leasing and of HRAC Finance, which are part of the MileOne vehicle and equipment leasing group.

Rubin joined MileOne in 2010 as vice president and general counsel. Over the subsequent five years, he helped to manage MileOne’s dealership acquisition activity and built what started as a small collections department into a legal and compliance resource serving MileOne Automotive’s 73 dealerships located in Maryland, Pennsylvania, Virginia and North Carolina.

Steve Fader, MileOne CEO and president, said: “Peter has an entrepreneurial background and is uniquely equipped to lead our consumer finance and leasing operations to the next level.

“We share the belief that both HRAC and Allstate Leasing are well-positioned in the market for expansion, and I am excited for the prospects of dynamic growth for both companies under his stewardship.”