John T. Hayt, president and chief executive of Equicredit Corp., will be retiring from the finance company at the end of the year, its parent, Barnett Bank, announced. Mr. Hayt joined the company in 1965 and spearheaded Equicredit's growth from small Jacksonville-based lender to national finance company.

Last year, Equicredit originated more than $1 billion in loans, and ranked No. 9 among securitizers of nonconforming loan pools.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.