{"id":6575,"date":"2025-07-17T09:15:18","date_gmt":"2025-07-17T09:15:18","guid":{"rendered":"https:\/\/octane.co\/o\/?p=6575"},"modified":"2025-07-17T13:15:10","modified_gmt":"2025-07-17T13:15:10","slug":"press-octane-appoints-steven-daum-senior-vice-president-sales-recreational-lending","status":"publish","type":"post","link":"https:\/\/octane.co\/o\/press-octane-appoints-steven-daum-senior-vice-president-sales-recreational-lending\/","title":{"rendered":"Octane Appoints Steven Daum Senior Vice President of Sales, Recreational Lending"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6575\" class=\"elementor elementor-6575\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7579d55 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7579d55\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c706589\" data-id=\"c706589\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5518d9c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5518d9c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3542a34\" data-id=\"3542a34\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-49dd763 elementor-widget elementor-widget-image\" data-id=\"49dd763\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"1000\" src=\"https:\/\/octane.co\/o\/wp-content\/uploads\/2025\/07\/250707_SOC_LeaderPost-2.jpg\" class=\"attachment-large size-large wp-image-6578\" alt=\"\" srcset=\"http:\/\/octane.co\/o\/wp-content\/uploads\/2025\/07\/250707_SOC_LeaderPost-2.jpg 1000w, http:\/\/octane.co\/o\/wp-content\/uploads\/2025\/07\/250707_SOC_LeaderPost-2-300x300.jpg 300w, http:\/\/octane.co\/o\/wp-content\/uploads\/2025\/07\/250707_SOC_LeaderPost-2-150x150.jpg 150w, http:\/\/octane.co\/o\/wp-content\/uploads\/2025\/07\/250707_SOC_LeaderPost-2-768x768.jpg 768w, http:\/\/octane.co\/o\/wp-content\/uploads\/2025\/07\/250707_SOC_LeaderPost-2-700x700.jpg 700w, http:\/\/octane.co\/o\/wp-content\/uploads\/2025\/07\/250707_SOC_LeaderPost-2-50x50.jpg 50w, http:\/\/octane.co\/o\/wp-content\/uploads\/2025\/07\/250707_SOC_LeaderPost-2-650x650.jpg 650w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-013f90c\" data-id=\"013f90c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-054b466 elementor-widget elementor-widget-text-editor\" data-id=\"054b466\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><i><span style=\"font-weight: 400;\">Company Strengthens Sales Leadership to Drive Continued Growth<\/span><\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3c09a88 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3c09a88\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7856871\" data-id=\"7856871\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-94a02db elementor-widget elementor-widget-text-editor\" data-id=\"94a02db\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">NEW YORK, July 17, 2025 \u2014 <\/span><a href=\"http:\/\/www.octane.co\"><span style=\"font-weight: 400;\">Octane<\/span><\/a><span style=\"font-weight: 400;\">\u00ae<\/span><span style=\"font-weight: 400;\"> (Octane Lending, Inc.<\/span><span style=\"font-weight: 400;\">\u00ae<\/span><span style=\"font-weight: 400;\">), the fintech revolutionizing the buying experience for major recreational purchases, announced today that it promoted Steven Daum to Senior Vice President of Sales, Recreational Lending.<\/span><\/p><p><span style=\"font-weight: 400;\">In this role, he will lead a team of more than twenty Sales professionals across Octane\u2019s Powersports, Outdoor Power Equipment (OPE), Trailer, Recreational Vehicle (RV), and Marine business. Overseeing OEM Partnerships and Insights, Dealer Channel Sales, and Sales Operations, Mr. Daum is tasked with growing originations through Octane\u2019s in-house lender, <\/span><a href=\"https:\/\/www.roadrunnerfinancial.com\/\"><span style=\"font-weight: 400;\">Roadrunner Financial<\/span><\/a><span style=\"font-weight: 400;\">\u00ae<\/span><span style=\"font-weight: 400;\">, Inc., by strengthening and expanding the company\u2019s network of more than 5,000 dealer partners and 35 Original Equipment Manufacturer (OEM) partners.<\/span><\/p><p><span style=\"font-weight: 400;\">Mr. Daum joined Octane in 2022 as the Vice President of Sales and became Vice President of Partnerships in 2024. Under his leadership, Octane has grown its dealer network, signed new partnerships and expanded agreements with leading OEMs, and grown originations by over 30% annually during his tenure. Additionally, he has helped the company increase its market share and enter new markets.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Mr. Daum\u2019s leadership has been instrumental in Octane\u2019s ongoing success in the powersports market. The company recently <\/span><a href=\"https:\/\/www.linkedin.com\/posts\/octane-lending_fintechnews-fuelyourlifestyle-activity-7318332845750370304-KboK\"><span style=\"font-weight: 400;\">surpassed $6 billion in aggregate originations<\/span><\/a><span style=\"font-weight: 400;\"> and grew <\/span><a href=\"https:\/\/octane.co\/o\/company-grows-originations-by-36-percent-in-record-breaking-year\/\"><span style=\"font-weight: 400;\">originations in 2024 by 36% year over year<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">\u201cSteve has proven to be an exceptional leader and I\u2019m grateful for his significant contributions to Octane during the past three years,\u201d said Jon Vestal, EVP, GM of Recreational Lending at Octane. \u201cWe have very ambitious plans for the future and I\u2019m confident Steve\u2019s knowledge and expertise will help drive Octane\u2019s next phase of growth.\u201d<\/span><\/p><p><span style=\"font-weight: 400;\">Prior to joining Octane, Mr. Daum held senior roles in the powersports industry, including Vice President and Chief Sales Officer. He graduated from Lourdes College with a bachelor\u2019s degree in Finance and Accounting. Out of the office, Daum enjoys spending time with his family of five and being outdoors, riding side by sides, mountain biking, and playing hockey.\u00a0<\/span><\/p><p><b>###<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Company Strengthens Sales Leadership to Drive Continued Growth NEW YORK, July 17, 2025 \u2014 Octane\u00ae (Octane Lending, Inc.\u00ae), the fintech revolutionizing the buying experience for major recreational purchases, announced today<\/p>\n<div><a href=\"https:\/\/octane.co\/o\/press-octane-appoints-steven-daum-senior-vice-president-sales-recreational-lending\/\" class=\"exp-read-more exp-read-more-underlined\">Read More<\/a><\/div>\n","protected":false},"author":25,"featured_media":6578,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[34],"tags":[69,53,52],"class_list":["post-6575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","tag-69","tag-investor-relations","tag-recent-press"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.3 (Yoast SEO v23.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Octane Appoints Steven Daum Senior Vice President of Sales, Recreational Lending | Octane<\/title>\n<meta name=\"description\" content=\"Octane announced that Steven Daum will serve as the Senior Vice President of Sales, Recreational Lending as the company continues to grow.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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