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KLC Financial CEO Thomas Steps Down; Smith Named Successor
EF News

KLC Financial CEO Thomas Steps Down; Smith Named Successor

April 14, 2026

KLC Financial’s CEO Spencer Thomas has stepped down after nearly 25 years of leadership with the company. Thomas has played a defining role in KLC Financial’s growth and success for more than two decades, helping lead the company through expansion while preserving its relationship-driven culture. “It has been an incredible privilege to lead KLC for so many years,” Thomas said. “I am deeply grateful for the people I have had the opportunity to work alongside and for the relationships that have shaped this company over...

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Featured Thought Leadership

How AI Is Accelerating Growth in IT Equipment Finance

February 19, 2026
How AI Is Accelerating Growth in IT Equipment Finance

2026 BEST COMPANIES IN EQUIPMENT FINANCEBack To The Issue Home Page >> Simon Harrsen Executive Vice President, North America, CHG MeridianSimon Harrsen explores how technology obsolescence and capital constraints are driving companies toward flexible financing solutions.The rapid advancement of artificial intelligence is fundamentally altering how businesses approach technology investment. As AI capabilities become integrated into enterprise hardware (from workstations requiring neural...

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