Equipment Leasing & Finance Foundation names new trustees and officers

The Equipment Leasing and Finance Foundation (ELFF) has named its new trustees and elected officers for 2015, as it concludes its commemoration of the Foundation’s 25th anniversary year.

Richard Doherty, president, PNC Equipment Finance, has been elected as treasurer, joining re-elected chairman Richard Gumbrecht, chief growth officer, EverBank Commercial Finance, who will serve a second term in 2015.

The new members appointed as trustees include Steven Byrnes, principal, Capgemini financial services USA, and Anthony Cracchiolo, president and CEO, US Bank Equipment Finance, who will serve as liaison from the Equipment Leasing and Finance Association (ELFA).

Board officers serving a second term in 2015 are immediate past chairman Cameron Krueger, director, Deloitte; vice chairman William Verhelle, CEO, First American Equipment Finance, a City National Bank Company; and secretary Paul Stilp, VP, finance and administration, ELFA.

“We are privileged to have such talent, commitment and industry expertise at the helm of the Foundation,” said William G. Sutton, president of the Foundation and president and CEO of ELFA. “The time trustees dedicate to the Foundation’s mission benefits the entire equipment finance industry.”

During the Foundation’s recent 25th anniversary dinner in Washington D.C. Melisa Carter of the Alta Group was honored with the Steven R. LeBarron Award for Principled Research. Carter is the second recipient of the award, which was established in 2013, and was recognized for her many years of service and enthusiastic participation on the Foundation’s research committee.