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Steven Hudson

From Wikipedia, the free encyclopedia

Steven 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 focused on asset origination and management.[1]

Hudson has founded and led other financial firms, including Newcourt Credit Group and Element Financial.[2][3]

Biography

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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] 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]

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]

He was recognized by University of Toronto Magazine as Canada’s Top 40 Under 40 (1996)[16] and also Ernst & Young Entrepreneur of the Year (Ontario) (2016)[5][17]

References

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  1. Shecter, Barbara (Nov 13, 2025). "ECN Capital to be taken private in deal led by Warburg Pincus". Financial Post. Retrieved July 3, 2026.
  2. Bandell, Brian (2025-12-24). "Financial firm CEO buys new Palm Beach mansion for $19 million". South Florida Business Journal. Retrieved July 3, 2026.
  3. 1 2 "Element Financial Corp. plans to split into 2 listed firms". CBC News. 2016-02-16. Retrieved July 3, 2026.
  4. "Schulich Awards and Financial Support" (PDF). Schulich School of Business. Retrieved July 3, 2026.
  5. 1 2 3 "Steven K. Hudson of Element Financial Corporation named EY Entrepreneur Of The Year Ontario 2016". Newswire. 2016-06-15. Retrieved July 3, 2026.
  6. "CIT Group to Acquire Newcourt Credit". The New York Times. 1999-03-09. Retrieved July 3, 2026.
  7. 1 2 Jerry, Parrotto (Oct 19, 2012). "Element Financial". Monitor Daily. Retrieved July 3, 2026.
  8. Rocha, Euan. "Element Financial to explore sale of certain Canadian assets". Reuters. Retrieved July 3, 2026.
  9. French, Cameron. "Element Financial still has room to grow: CEO". Reuters. Retrieved July 3, 2026.
  10. "Element acquires GE Capital's fleet management business for US$8.6B". Lexpert. 2015-09-30. Retrieved July 3, 2026.
  11. Hofheinz, Darrell (2026-03-23). "Financier flips never-occupied house for $21.75 million in Palm Beach". Yahoo News. Retrieved July 3, 2026.
  12. "Daily Deals: Element splits in two and Raymond James hires power and utilities banker". The Globe and Mail. 2016-02-16. Retrieved July 3, 2026.
  13. "Financier flips never-occupied house for $21.75 million in Palm Beach". Yahoo News. 2026-03-23. Retrieved July 3, 2026.
  14. "Steven K. Hudson Finance Scholarship | FIND MBA". find-mba.com. Retrieved July 3, 2026.
  15. "Steven K. Hudson BBA Entrance Award – OUInfo". www.ouinfo.ca. Retrieved July 3, 2026.
  16. "Top 40 Under 40 Alumni". University of Toronto Magazine. Retrieved July 3, 2026.
  17. EY, (Ernst &Young). "Steven K. Hudson of Element Financial Corporation named EY Entrepreneur Of The Year™ Ontario 2016". News Wire. Retrieved July 3, 2026.