CHEVY CHASE, Md. — CapitalSource has promoted William Schmidt to managing director of its Security Lending Group. His primary responsibilities include developing new client relationships and structuring, underwriting, and funding transactions within the security and government services markets. Schmidt succeeds SSI Hall of Famer William (Bill) Polk.
Prior to joining CapitalSource in 2004, Schmidt had broad financial and operational experience in the security alarm industry with positions at SLP Capital and Dealers Monitoring Acceptance Corp.