Management Team

Steve A. Grosso
President, Chief Executive Officer and Vice Chairman

Mr. Grosso is responsible for the strategic direction and financial operating performance of the company with all functional areas reporting directly to him.  He is an experienced and long tenured commercial finance executive, having founded and led several industry leading equipment finance and leasing companies.  

Most recently Mr. Grosso served as the President and CEO of PNC Vendor and Structured Equipment Finance Divisions.  In this leadership position, he grew the business unit from $2B to $4.5B in total assets.  Prior to this, he was co-founder, President and Chief Operating Officer of Element and its predecessor companies, CoActiv Capital and PECC.   Prior to Element, Grosso was President and CEO of De Lage Landen, the international commercial finance subsidiary of the Rabobank. He also served as CCO and GM of Sales and Marketing at Tokai Financial Services.

Mr. Grosso is the Founder, Chief Executive Officer and Chairman of the Board of Directors of The MAGIC Charities Foundation, a nonprofit [501(c) (3)] organization focused on the support and well-being of children.  He also has numerous past board affiliations both in the private and public sectors.

Mr. Grosso earned a Bachelor of Science from the University of Connecticut School of Business in finance and accounting.  He attended Columbia University School of Executive Management and Massachusetts Institute of Technology’s Sloan School of Business receiving a certificate in Digital Transformation Strategy and Organization Design.

Donald P. Campbell
Chief Operating Officer

Mr. Campbell brings 46 years of experience in the equipment financing and leasing industry where companies have consistently grown under his leadership.  As Chief Operating Officer, Mr. Campbell oversees the credit, asset management and portfolio management functions as well as leading the Financial Institutions Group, offering syndicated transactions and lease financing to Patriot’s portfolio of bank customers.  In addition, Mr. Campbell explores leasing opportunities with Marubeni’s portfolio of customers as well as Mizuho Bank customers.   

Mr. Campbell held the position of Managing Director at PNC Vendor Finance where he led the implementation of strategic projects including the first automated credit decisioning platform in equipment finance.  He also helped grow the business 20% year over year with his participation in the sales and new business process. 

Mr. Campbell was also the Chief Executive Officer of Element Financial/ECN (USA), a Canadian based company, where he orchestrated the sale of the company he co-founded, CoActiv Capital Partners (prior PECC) to Element.  Prior to this he was the Chief Executive Officer of Tokai Financial Services.  Under his leadership the organization grew in the U.S. from $300MM to $2.4B.  He also served as President of Commerce Commercial Leasing, First Fidelity Leasing Group and ITT Financial Middle Market and Large Ticket Capital Market Group. 

Mr. Campbell is a graduate of LaSalle University.

David Verlizzo
Chief Legal Officer

As the President & Chief Legal Officer of Auxilior, David Verlizzo is responsible for overall strategic direction of the company and all of the legal and compliance affairs, including transactional, regulatory and corporate matters. David has a proven executive and legal management track record with over 20 years of experience in the commercial and equipment finance industries.  Prior to joining Auxilior Capital, David was Managing Chief Counsel of PNC Bank's Vendor Finance group, where he was the primary counsel responsible for overseeing the group's transactions, policies and procedures. At PNC he was personally responsible for documenting and closing over $300 million in structured finance and syndicated transactions. Previously, he served as the Senior Managing Director, Counsel and Chief Compliance Officer of CION Investments where he lead the legal and compliance departments. David is actively involved in youth lacrosse where he serves as a coach and advisor to the Commack, NY lacrosse program.  He earned a BS degree at the University of Scranton and a JD from Hofstra University School of Law. 


Jeremy Borkowski
Chief Commercial Officer

Mr. Borkowski is responsible for managing and growing Auxilior’s customer and partner relationships and leading and motivating our team of originators.  He has nearly 28 years of corporate finance experience which spans commercial equipment finance, asset-based lending, capital markets, and mergers & acquisitions.  Mr. Borkowski began his career at GE Capital where, over his 20+ years of employment, he progressed through roles in originations, sales management, and syndication.   Additionally, while at GE Capital, he completed the prestigious GE Management Development Program.  More recently, he served as Senior Director of Structured Finance at PNC Vendor Finance where he developed and managed large-ticket equipment financing relationships.  He consistently delivered on his business objectives and received numerous performance awards.  He is an expert at crafting innovative financing solutions and passionate about helping his clients grow their business and achieve their financial objectives.  Mr. Borkowski is active in his community through serving as an instructor and lecturer at the SBA Small Business College and his involvement in Cars 4 Cause charitable foundation.  He is a graduate of St. Joseph’s University in Philadelphia with a bachelor’s degree in finance.


Kenneth Sullivan
Chief Risk Officer

Mr. Sullivan has an extensive background in credit and risk management, as a Commercial Credit Risk Executive working in the banking & financial services industry with over 40 years’ experience of timely and consistent underwriting of new credit relationships and the management of credit operational risk. He has expertise in delivering guidance on complex structuring, analysis, and underwriting, ensuring accuracy of risk and facility ratings. Experience includes the development of policies and procedures, monitoring of loan covenants, delinquencies, annual reviews, and renewals of existing credit relationships.  Prior to joining Auxilior, Mr. Sullivan was the Chief Credit Officer at Hitachi Capital America responsible for leading the credit function.  Prior to that he served in similar capacities as Chief Credit/Risk Officer  for Ally Bank, TD Equipment Finance and Fifth Third Equipment Finance. Mr. Sullivan was also the head of Credit and Operations for Siemens Financial’s Vendor Finance division.  During his tenure, Mr. Sullivan has directed underwriting, operations, and portfolio administration functions in organizations with assets in excess of $4.5 billion under management, and origination volumes in excess $1.1 billion per annum.  Mr. Sullivan earned his B.S. degree in Accounting with a minor in Economics from Marist College and has pursued additional training in equipment finance.   Ken has been active in a variety of civic and professional organizations throughout his career.  He has served as an elected member of the Equipment Leasing and Finance’s Financial Institutions Committee.  He has served in the Community as both Board Treasurer and President of the Interfaith Hospitality Network of Somerset County. (Homeless Shelter serving Women, Children and Families) In addition, he was elected as a member of West Amwell Township’s Board of Education heading up the Finance and Facilities Committees.


Capital and Investors

Auxilior is backed by a leading private equity firm focused on growth financial services companies led by strong management teams with demonstrably successful track records.  In addition to capital, our sponsors provide value-added industry knowledge and deep expertise to help us prioritize business initiatives and implement best practices to help maximize Auxilior’s growth.