The Equipment Leasing and Finance Association selected Randy Haug, executive vice president, vice chairman and co-founder of LTi Technology Solutions, to receive its 2021 David H. Fenig Distinguished Service in Advocacy Award.

The award honors individuals who have made significant contributions to the ELFA’s advocacy efforts to promote sound public policies for the equipment finance industry. The ELFA will formally recognize Haug at its Virtual Capitol Connections event on May 19.

“As the leading advocate for the equipment finance industry, ELFA plays a critical role in making sure our industry’s voice is heard as elected officials develop regulatory and legislative initiatives that impact our members’ businesses,” Ralph Petta, president and CEO of the ELFA, said. “Without the leadership and commitment of members like Randy Haug, these efforts would not be successful. We thank Randy for all he has done to help advance the ELFA advocacy agenda. It is an honor to present him with this well-deserved award.”

“I am genuinely humbled and honored to be named along with many incredible industry peers who have received this award before me,” Haug said. “Actively volunteering and advocating for issues that are important to sustain and propel our industry forward is something I strongly believe in. It inspires me to see ELFA members advocating on Capitol Hill each year. They educate and make a compelling case to elected officials on important public policy issues. When the ELFA and ELFA voluntary members collaborate, it creates a powerful message to our elected government officials on both the federal and state levels. Thank you for honoring me with this wonderful award.”

Haug has more than 30 years of experience in the equipment leasing and finance industry. As a participant in the ELFA, he has supported the industry’s policy objectives in multiple ways. He has been a participant in the association’s annual Capitol Connections event in Washington, D.C., attending every year since 2015. At this event, Haug has met with members of Congress, highlighting the value of equipment finance to the U.S. economy and the impact of legislative and regulatory proposals on the industry. He also has been active on the local level in Omaha, NE, nurturing relationships with his elected representatives and hosting a member of Congress at the offices of LTi Technology Solutions. In addition, Haug has supported LeasePAC, ELFA’s nonpartisan federal political action committee, consistently contributing to the PAC at the Chairman’s Club level.

Haug is a member of the ELFA’s Advocacy Advisory Committee, which provides advice and counsel to the association’s federal government relations efforts on a range of legislative and regulatory issues. Haug also has lent his expertise to other ELFA committees. He also has served on the Membership Committee and was integral to the creation of the Service Provider Business Council Steering Committee. Haug also gives back to the industry as a supporter of the Equipment Leasing & Finance Foundation, serving on the foundation’s board of trustees, as chair of its National Development Committee and as a member of its Marketing Committee. In addition, he has served as a speaker and panelist at industry events and authored articles for industry publications.

Outside of the ELFA, Haug is active with the National Equipment and Finance Association. He is a past president of the NEFA and current chair and co-founder of the NEFA’s Chris Walker Education Committee. He is also a member of the Canadian Finance & Leasing Association.