Midland Financial Hires FirstMerit Exec to Run Finance Unit

Midland Financial in Oklahoma City has hired a former Wells Fargo executive to run its finance unit.

The $11.6 billion-asset Midland said in a press release Thursday that Dennis Schlesner had become president of Presidential Financial in Alpharetta, Ga. Schlesner succeeded Thomas Matthesen, who will remain on the unit's board.

Presidential makes commercial loans that typically range from $1 million to $20 million. Midland bought the business in 2013.

Schlesner previously served as president and national marketing manager of FirstMerit Bank Business Credit in Chicago. FirstMerit is in the process of selling itself to Huntington Bancshares in Columbus, Ohio. Schlesner also served as a senior vice president at Wells Fargo Capital Finance in Atlanta from 1985 to 2011, according to his LinkedIn page.

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