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Alta’s Remiker and Chrappa to Speak at Upcoming ELFA Events

byBrianna Wilson
February 27, 2024
in Data and Economy, EF News
Reading Time: 2 mins read
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Rick Remiker and Carl Chrappa, both leaders at global equipment finance advisory The Alta Group, will deliver remarks at a pair of upcoming events hosted by the Equipment Leasing and Finance Association (ELFA) focused on the industry’s future.

Remiker, vice chairman of Alta, will participate in a panel discussion at the ELFA Executive Roundtable March 3 – 5 in Orlando. Remiker’s session is titled, “Decoding History: Uncovering Insights for a Sustainable Future for the Equipment Finance Industry.” Joining him on the panel are Bob Wax, co-president of Kingsbury Wax Bova; Mike Jones, president of First Citizens Bank Equipment Finance; and Dave Fate, founder and CEO of Stonebriar Commercial Finance.

Remiker said the panel discussion will equip executives with the ability to build bridges with others in the association whose experience can help them navigate decisions in the coming months. “They have been where you are, or where you want to go,” he said. “The whole idea is using the knowledge of seasoned leaders who have seen a lot of different cycles to help project how to operate in the future.”

Remiker is a longtime leader in the equipment leasing and finance industry and a former ELFA chairman who has considerable experience in the middle- to large-ticket sectors. He has leadership experience at the bank parent level and has shepherded organizations through challenging economic cycles as a C-suite executive and industry leader.

Chrappa, a senior managing director with Alta, will deliver the featured presentation at the ELFA Equipment Management Conference March 10 – 12 in New Orleans. He will provide insights on the ELFA’s annual report, “What’s Hot/What’s Not” in equipment leasing and finance for 2024. Chrappa has led the research for this comprehensive and highly respected ELFA report since it started 34 years ago. Chrappa will co-present these findings.

“What’s Hot/What’s Not is the most widely requested report from the ELFA. We do a detailed analysis on the 15 equipment types surveyed,” Chrappa said. “It’s a helpful tool for planning, and for portfolio managers, it covers just about everything you need to know for the year.”

The report itself will have an extensive article about the findings, which will be available on the ELFA’s website on March 11, the same day as Chrappa’s presentation. The report is the product of three months of painstaking research into 15 different equipment categories.

Chrappa has five decades of hands-on equipment valuation, inspection and remarketing experience, and has built a reputation as an internationally recognized expert and speaker in the field of asset management. He is a founding member and chair emeritus of the ELFA’s Equipment Management Committee. He is also a member of the Federal Reserve Bank of Philadelphia’s “Livingston Report” Macroeconomic Survey panel.

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