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Leasing Icon Ira Romoff Passes Away

2009

Romoff, Ira Z., age 65, beloved husband of Arlene, devoted father of Michael and Heatherlynn Romoff, Emily and James Bronstein, dear brother of Gail Reich and loving grandfather of Evelyn Bronstein.

Service Thursday, 1PM at Gutterman and Musicant, 402 Park Street, Hackensack, New Jersey.

Memorial contributions may be directed to the Center for Hearing and Communication at chchearing.org.

Gutterman and Musicant Funeral Home

“Shiva to follow at my parents' apartment in Hackensack. For details, contact the funeral home.”

Emily Bronstein
emilybronstein@gmail.com


AVP
Franklin National Bank
1970 – 1974
www.linkedin.com/pub/ira-romoff/8/ba9/776

1990

“Ira Z. Romoff has been named managing director of Tilden Management Corporation ( Rosslyn, NY), which was acquired by National Westminster Bank ,NJ (Jersey City, NJ).,the New Jersey subsidiary of National Westminster Bancorp Inc. ( New York)

February, 1990, “Equipment Leasing Today”
(Photo above from announcement)

EVP
National Westminster Bank USA
1991 – 2001
Ran small business banking, was CEO/Managing Director of the Tilden Leasing Companies growing to $1.8 Billion on assets. Assisted in the sale of bank to Fleet (now B of A)
www.linkedin.com/pub/ira-romoff/8/ba9/776


2000

"Ira Z. Romoff is the Executive Vice President of EAB's Leasing Department and a member of EAB's Executive Management Group. Under Mr. Romoff's direction, the EAB Leasing Department has advanced as an integral part of the bank's record growth since 1991. As a result, EAB's Leasing Department ranks among the top fifteen bank leasing companies throughout the United States.

"With more than 25 years in the financial services industry, Mr. Romoff's expertise as a commercial banker and leasing executive is surpassed. He has been a Director with the Eastern Association of Equipment Lessors and the Equipment Leasing Association and is a member of both the United Association of Equipment Leasing and the National Vehicle Leasing Association. Recognized for his numerous contributions to the small business community throughout Long Island, Mr. Romoff was named Financial Business Advocate of the Year by the Small Business Administration. In addition, he is an active proponent of business education, serving as the Executive in Residence of the Department of Management for the College of Business Administration at St. John's University."
- Leasing News, 2000

"Leasing News reported yesterday late afternoon that Citicorp has ordered European American to cease third party origination by June 30. After buying Copelco, they also ended brokerage business here.

Ran Small Business Lending, Leasing, member of Executive Management Group of the bank. Grew Leasing subsidiary from scratch to over $3 Billion in assets. Assisted in sale of Bank to CitiCapital
www.linkedin.com/pub/ira-romoff/8/ba9/776

EAB purchased Fidelity Leasing April 14, 2000, and was the premier lessor when purchased by Citibank on February 12, 2001 for $1.6 billion and $350 million preferred stock."
- Leasing News, 2001

“Viewed as a major blow to the leasing industry, particularly to the East Coast, Citicorp has ordered European American to cease third party origination by June 30. As they did with Copelco, Citicorp does not like brokerage business.

“European American President Ira Romoff has resigned. It is expected Fred Anderson will be on the streets shortly, along with Omar Diaz and Rich Illich
- Leasing News, 2001

“JUST A QUICK NOTE TO LET YOU KNOW THAT I'LL BE STARTING UP A NEW LEASING COMPANY FOR INDEPENDENCE COMMUNITY BANK IN NYC STARTING 9/1/2004!

Director of Leasing ICB LEASING CORP."
a division of
Independence Community Bank
551 5th Avenue 26th floor
NYC, N.Y. 10176
Leasing News, 2004
http://www.leasingnews.org/Conscious-Top%20Stories/Ire_rommoff.htm


Independence Community Bank, October, 2005, purchased by Sovereign Bank.
http://www.leasingnews.org/Conscious-Top%20Stories/ICB_Sovereign_merger.htm

8/25/2006
Celebrate! Romoff new President: One World
http://www.leasingnews.org/items/SMALL/owl-CARTOON2.jpg
http://www.leasingnews.org/archives/August%202006/08-25-06.htm#owl

"August 25, 2006 when One World Leasing, a leasing co-op, hired him as president they had 17 members. At last count it was 26 and the talk was a merger with a major funder. January 4 he wrote Leasing News he retired from OneWorld Leasing and was looking for a Board Seat at a bank or large leasing company, consulting in banking, leasing or risk management, or a temporary CEO position.”

"Mr. Romoff has had several banks bought out from under him after he developed the leasing division. He was the Executive Vice President of EAB's Leasing Department and a member of EAB's Executive Management Group. Under Mr. Romoff's direction, the EAB Leasing Department has advanced as an integral part of the bank's record growth since 1991. As a result, EAB's Leasing Department ranks among the top fifteen bank leasing companies throughout the United States. EAB was purchased by CITIBANK in early 2001. He then became Director of Leasing, ICB Leasing Corporation, for Independence Community Bank, who in October, 2005 were purchased by Sovereign Bank."

Re-enters leasing as Unicyn Financial Services
leasingnews.org/archives/May%202009/05-20-09.htm#amigos

Ira's support of Walk4Hearing:
http://leasingnews.org/archives/Sep2011/9_12.htm#walk4

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