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In the Marketplace
The Equipment Leasing and Finance Association ('ELFA') has announced its new Board of Directors and Officers, who will serve until October 2008. William H. Verhelle, CEO and founder of First American Equipment Finance, was elected chairman of the Board, and James J. Ambrose, president, Equipment Finance, GE Healthcare Financial Services, was elected vice chair.
In addition, the ELFA also named the following new members of its Board of Directors: Kent M. Adams, president, Caterpillar Financial Services Corporation; Christa Hemans, president, Court Square Leasing Corporation; James McGrane, president and CEO, US Express Leasing, Inc; Philip R. Rosenblatt, partner, Nutter, McClennen & Fish, LLP; Richard Remiker, managing director, group head, Merrill Lynch Capital ' Equipment Finance; Robert J. Rinaldi, senior vice president, National City Commercial Capital Company, LLC; Frederick S. Summers, chairman and CEO, Vision Financial Group, Inc; Adam D. Warner, president, Key Equipment Finance.
Kenneth E. Bentsen, Jr. continues to serve as president. Kenneth E. Collins, Jr., John M. McQueen, and John M. Butler are the ELFA vice chairs. Edward A. Groobert, partner, Dykema Gossett PLLC, continues to serve as secretary, and David A. Merrill, president, Fifth Third Leasing Company, will serve as treasurer. Valerie H. Jester, president of Brandywine Capital Associates, Inc., is immediate past chair. In addition to Verhelle, Jester, and Merrill, the following are also members of the ELFA Board of Directors: Laurie A. Bakke, vice president, Huntington Bank Equipment Finance; George K. Booth, managing director, Black Rock Capital LLC; Aylin N. Cankardes, president, Rockwell Financial Group; Edward Castagna, president, Nassau Asset Management; Glenn P. Davis, vice president, NorLease, Inc; Crit DeMent, chairman, CEO, LEAF Financial Corporation; Curt F. Glenn, senior vice president ' Portfolio Management, GATX Corporation; Eric Hanson, managing director, LAZARD; Thomas M. Jaschik, group SVP, LaSalle National Leasing Corporation; Cameron W. Krueger, vice president ' Banking and Asset Finance, Capgemini Financial Services LLC; and Joel C. Rutledge, president, BB&T Equipment Finance.
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