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RCAP Leasing > About Us > Executive Team

Executive Team

Eugene Basolini

Eugene Basolini
President and Chief Operating Officer

Eugene Basolini is a seasoned, highly respected veteran of the Canadian leasing business, bringing close to 40 years of industry experience to RCAP Leasing’s partners and customers. He first joined the company in 1992 as Vice President, Vendor Services Operations and quickly assumed a number of progressively challenging roles, culminating with his being named President in 1995. Eugene was instrumental in introducing the company’s strong focus on cultivating positive, long-term customer and partner relationships. Throughout his tenure as President, he has served as the driving force behind RCAP Leasing’s continued growth and success. In addition, Mr. Basolini has also been actively involved with the Canadian Finance & Leasing Association (CFLA) over the past decade, serving as a past Chair and currently on the Board of Directors.

John Sulug

John Sulug
Vice President, Vendor Financial Services (Canada)

John Sulug is a career financial services professional, with more than 30 years of financial services industry experience with RBC Financial Group. John first joined RBC Royal Bank in 1988. He has worked through progressively more complex leadership and client focused roles gaining expertise in multiple business lines. His experience at RBC covers National and Regional office roles, in addition to Corporate Finance, Manager Investment & Retirement Planning, Community Branch Manager, and Manager of Credit and Online banking at RBC’s Advice Centres. John’s most recent experience has been in Commercial banking where he gained industry expertise in sectors such as Media & Entertainment, Business Professionals, Supply Chain, Commercial Real Estate, and Builder Finance. John graduated from McMaster University and also completed his Professional Banking Designation as a Fellow of the Institute of Canadian Bankers.

Lucy Elcome

Lucy Forte-Morelli
Vice President, Operations

Lucy Forte-Morelli brings three decades of Finance industry knowledge to her role as Vice President of Operations. Since joining RCAP in 2013 from RBC which is the parent company of RCAP, she has been instrumental in streamlining the overall Operations while enhancing on service levels. Lucy understands the importance of the client and drives to that end to implement improvements. She started with RBC in the role of Manager of Customer Service. She has maintained roles in both Sales and Service environments throughout her career in both personal and commercial banking. Since joining RCAP she has been active within the Canadian Finance & Leasing Association where she serves on the Women in Asset Finance and Education Committee. A highlight was when this Association privileged her with winning the CFLA Member of the Year Award in 2017 and 2019.

Carl Crechiolo

Carl Crechiolo
Vice President, Credit and Collections

Carl Crechiolo brings three decades of leasing industry experience to RCAP Leasing’s partners and customers. He first joined RCAP Leasing in 2007 as Director of Credit and Collections, and two years later, was promoted to Vice President. Prior to joining the RCAP Leasing team, Mr. Crechiolo spent more than 20 years with CIT (formerly Citibank Leasing Canada) in a series of increasingly challenging roles. During his tenure with CIT, he had responsibility for a number of key areas, including credit, collections, sales operations and support, customer service, funding and project management and more. Mr. Crechiolo holds an Honors Bachelor of Commerce degree from McMaster University.


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