The Equipment Leasing and Finance Association (ELFA) announced its new board of directors and officers who will serve during the next 12 months. Robert “Bob” Rinaldi, CEO of Commercial Industrial Finance, is the chairman of the board and William Stephenson, CEO and chairman of the executive board of DLL, is now chairman-elect. The chairman-elect and new board members were recommended by ELFA’s nominating committee and approved by a vote of the general membership.
“We are very fortunate to have Bob Rinaldi as chairman of the board of directors for 2015,” said ELFA president and CEO William G. Sutton, CAE. “Bob has been a valued member volunteer of ELFA for many years, and his knowledge of the industry and dedication to our association will be assets to our members and the industry at large in the coming year.”
Before joining Commercial Industrial Finance as CEO in January 2014, Rinaldi served for four years as SVP at CSI Leasing. Previously, he served as EVP of the $8 billion bank-owned lessor National City Commercial Capital (now PNC Equipment Finance) and as president of National City Commercial Capital Canada. Prior to that, he and his partners founded Information Leasing in 1984, which they subsequently sold to Provident Bank of Cincinnati, later acquired by National City Bank.
To view the full ELFA press release, including names of new members of the board and those elected to serve as vice chairs, click here.
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