OCAL Financial names Ryan McDonald as vice president of sales

OCAL Financial Inc. (TSXV: OCAL) has appointed Ryan McDonald as vice president of sales, according to a company statement.

McDonald brings more than 25 years of experience in automotive, recreational vehicle, marine, powersports and industrial distribution businesses. During his career, he has overseen organizations responsible for up to $50 million in annual revenue, $15 million in inventory and teams of up to 55 people.

He has previously held general manager and senior operating roles at Western Canadian dealership and distribution businesses, including Applewood Performance Centre, Genesis Vancouver, Boundary Hyundai, Fraserway RV, Galaxy RV and Go RV & Marine.

In his new role, McDonald will be responsible for sales performance, process and team development as OCAL grows its funded-deal volume and prepares to enter new markets. The company, currently licensed in British Columbia and Alberta, has stated plans to expand into Ontario.

"Ryan has spent his career building disciplined, accountable sales operations across multi-location automotive and retail businesses, and he understands the finance side of this industry, including the non-prime customer, from the inside," said Mehdi Moghareh, chief executive officer of OCAL.

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