Steven K. Hudson
 | This biographical article is written like a résumé. (April 2026) |
| Steven K. Hudson | |
|---|---|
| Born | 1958 (age 67–68) Toronto, Ontario, Canada |
| 🏫 Education | York University (BBA) |
| 💼 Occupation | Business executive |
| 📆 Years active | 1980s–present |
| Known for | Founding Newcourt Credit Group and Element Financial |
Steven K. Hudson (born 1958) is a Canadian business executive and financier. He is the founder and chief executive officer of ECN Capital, a financial services company.[1]
Hudson has founded and led other financial firms, including Newcourt Credit Group and Element Financial.[2][3]
Early life and education
Hudson was born in Toronto, Ontario. He graduated from York University's Schulich School of Business in 1981 with a Bachelor of Business Administration.[4]
He was later designated a Fellow of the Institute of Chartered Accountants of Ontario (FCA).[5]
Career
Hudson founded Newcourt Credit Group in 1984. The company’s assets valued $24 billion by 1998, and it was acquired by CIT Group in 1999 for approximately $4 billion.[6][7] In 2011, he founded Element Financial, a company focused on equipment financing and fleet management.[8][7] In 2015, Element acquired the fleet management division of GE Capital.[9][10] In 2016, Element was divided into two publicly traded companies, Element Fleet Management and ECN Capital.[3] Hudson became chief executive officer of ECN Capital, which focused on credit origination and management.[11][12] He has also been involved in real estate, including the 2026 sale of a property in Midtown Palm Beach that he had purchased in 2025.[13]
Philanthropy
Hudson has supported healthcare initiatives in Ontario, including contributions to St. Michael’s Hospital. He also offers scholarship opportunities for graduate students.[5][14][15]
Awards and recognition
References
- ↑ Shecter, Barbara (Nov 13, 2025). "ECN Capital to be taken private in deal led by Warburg Pincus". Financial Post.
- ↑ Bandell, Brian (2025-12-24). "Financial firm CEO buys new Palm Beach mansion for $19 million". South Florida Business Journal. Retrieved 2026-04-09.
- ↑ 3.0 3.1 "Element Financial Corp. plans to split into 2 listed firms". CBC News. 2016-02-16. Retrieved 2026-04-09.
- ↑ "Schulich Awards and Financial Support" (PDF). Schulich School of Business. Retrieved 2026-04-09.
- ↑ 5.0 5.1 5.2 "Steven K. Hudson of Element Financial Corporation named EY Entrepreneur Of The Year Ontario 2016". Newswire. 2016-06-15. Retrieved 2026-04-09.
- ↑ "CIT Group to Acquire Newcourt Credit". The New York Times. 1999-03-09. Retrieved 2026-04-09.
- ↑ 7.0 7.1 Jerry, Parrotto (Oct 19, 2012). "Element Financial". Monitor Daily.
- ↑ Rocha, Euan. "Element Financial to explore sale of certain Canadian assets". Reuters. Retrieved 9 April 2026.
- ↑ French, Cameron. "Element Financial still has room to grow: CEO". Reuters. Retrieved 9 April 2026.
- ↑ "Element acquires GE Capital's fleet management business for US$8.6B". Lexpert. 2015-09-30. Retrieved 2026-04-09.
- ↑ Hofheinz, Darrell (2026-03-23). "Financier flips never-occupied house for $21.75 million in Palm Beach". Yahoo News. Retrieved 2026-04-09.
- ↑ "Daily Deals: Element splits in two and Raymond James hires power and utilities banker". The Globe and Mail. 2016-02-16. Retrieved 2026-04-09.
- ↑ "Financier flips never-occupied house for $21.75 million in Palm Beach". Yahoo News. 2026-03-23. Retrieved 2026-04-09.
- ↑ "Steven K. Hudson Finance Scholarship | FIND MBA". find-mba.com. Retrieved 2026-04-09.
- ↑ "Steven K. Hudson BBA Entrance Award – OUInfo". www.ouinfo.ca. Retrieved 2026-04-09.
- ↑ "Top 40 Under 40 Alumni". University of Toronto Magazine. Retrieved 2026-04-09.
- ↑ EY, (Ernst &Young). "Steven K. Hudson of Element Financial Corporation named EY Entrepreneur Of The Year™ Ontario 2016". News Wire. Retrieved 2026-04-09.
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