4-2 Red Sox, But the Score Doesn’t Tell the Whole Story of a very courageous team and a sullen NY crowd where riot police were on the field in the eighth inning, leaving the bottom of the ninth.
Restaurants and other retailers will be feeling it tonight as most eyes will be glued to the Seventh game to decide the Champions.
Schilling's ankle showed some wear and tear as the game progressed
New York Times
USA Flash Photo’s
Wednesday, October 20, 2004
######## surrounding the article denotes it is a “press release”
Editor’s Note: Good News and Bad News. First the bad news:
Northern California’s first October winter storm knocked the power off
in our area in Saratoga, California, where I both write and
send out Leasing News. In a short period, we received over
three inches of rain, more than any other city in the Bay Area.
Thus no edition yesterday.
Good News: Power is back on. The weather is also clearing up for the UAEL Conference in Monterey, California. Thursday is predicted: Sunny.
Correction: Here is a current picture of John Torbenson, more
current than the 1993 printed on Monday.
(and yes, he still likes to play a lot of golf.)
John Torbenson, President
Leasing News is dedicated to helping people find work,
a better job, advance in your career, and the best time
to start looking for a job is when you don’t need one.
Interviews are very good practice to hone your skills
in talking about you, your skills, what you have accomplished.
Works at your job the best you can, make friends, learn
more, become more valuable to your employer, and
your reward will not only be recognized by others,
but will give you the security you can find a paying
job at any age.
Activity leads to activity.
Pictures from the Past---
Founders Award presentation in celebration of the Association’s
20th Anniversary (left to right) Art Schwartz, Steve Dunham, Harold
“Hal” McAfee, and Steve Head.
November, 1995 UAEL Regional Reporter
Amex, Matsco, former Republic Leasing of SC, Depping Buys Bank?
by Kit Menkin
The Wall Street Journal reports "Insiders say that Greater Bay Bancorp is soliciting potential buyers, though it is not clear what banks may be interested in the $1.5 billion-plus valued Greater Bay. The bank's assets total $7.6 billion and it has reported net income of $24.5 million for the second quarter; it operates under a number of names in the San Francisco area. Sandler O'Neill & Partners is said to be handling the sales process. Bank merger activity has slowed since this summer, but the financial industry is still the most active sector in global mergers and acquisitions, and 23 of the deals announced this year so far have been bigger than a Greater Bay deal would be. The California banking market is fairly consolidated already, observers note."
The Matsco Companies are part of Greater Bay Bank.
NetBank has been looking around to spin off various divisions, one of them reportedly to be the former Republic of South Carolina. Could
it be the many trips to Houston, Texas, were to see Thomas J.
Depping, as one person who knew him well said, “He most likely needs to get back in business because of his spending habits.”
We do have an unconfirmed report, at this time, the Gazelle finally got his wish: Reportedly he closed on the purchase of Main St. Bank in Kingwood, TX a suburb of Houston last week. What’s next?
You may have a chance to ask him as Thomas J. Depping is registered to attend the ELA Conference in San Diego with his former right hand Bob Quinn. Depping put down he is CEO/Chairman, Main Street Investment Partners, Inc., 2909 High Valley Drive, Kingwood, Texas 77345. He is not registered as a member (when we checked,) but first time attendees are allowed to attend as non-members. Or as one
observer noted, “he is up to his old tricks again.”
The mill is getting more active about American Express wanting to sell it's leasing division, some say just the portfolio. CIT has allegedly asked to look at their “book.” American Express has a reputation
for taking care of their people.
Some very high sources say the rumor is true. One person, in the know. speculated that Rich Tambour, General Manager of American Express Business Finance, has put out feelers. It also could be he may stay for a few years in the sale and then retire; it depends on the buyer. One thing, he won’t be working at Main Street Bank in
Many American Express Business Finance employees tell Leasing News they think the buyer is GE Capital, and ask what do we know? Really, only what readers tell us, as the major corporations only talk to us via press releases.
Leasing News has been told by several very high sources that the
word on the street that the division is up for sale is true; bidders
welcome. No doubt, GE Capital has the cash.
If you are attending the ELA Conference in San Diego,
you might find out what company wants to put in an offer.
Also let me know if Rob Yohe, who taught Bob Quinn all
about “Private Label” leasing at Denrich, goes back to
his old time boss, or better yet, if Oren Hall is coming out of retirement to work for Tom Depping.
It will be very interesting as former First Sierra officers, managers, and
Classified Ads---Help Wanted
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Our Classified Ads are the most economical
you can buy to reach 25,000 readers in the
leasing industry in every issue.
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Start the ball rolling by e-mailing: firstname.lastname@example.org
ELA Survey: Activity Down, But Profits Good
The Equipment Leasing Association 2004 Survey of Industry Activity reports volume down, but higher profitability for the equipment leasing and finance industry in 2003. Delinquencies and charge-offs dropped, too, indicating improved portfolio quality.
Another financial indicator is pre-tax spread. The data shows that 2003 pre-tax spread declined slightly when compared to the previous year. This decline can be attributed to a combination of factors: decrease in pre-tax yield & slight decrease in cost of funds.
The 2004 version of the annual Survey of Industry Activity reports on the leasing activity of 135 leasing and finance organizations. It is a ?must-have? for lessors interested in comparing their operations and performance to their industry peers, and a critical management tool for any business trying to compete in today's challenging leasing environment.
The 2004 Survey Report is available at from the ELA Store at http://www.elaonline.com/Store/ProductDetail.cfm?product_code=SIA2004.
Questions can be emailed to Bill Choi at Bchoi@elamail.com.
Please send to a colleague, as we are trying to build our
readership. Subscription is free.
The latest books and instruction manuals on leasing
The 30 Year History of UAEL--- Part II
by Kit Menkin
“Steve Dunham, WAEL’s founder and first president, fixes his gaze on where we’ve been and where we’re going, both as an industry and an association.”
Fall 1996 United Association of Equipment Leasing Newsline
Dunham has 20-20 Vision
By James Veldez Geluz
a 30-year veteran of the equipment leasing industry. He founded its most dynamic association. With these unique credentials,
Steve Dunham has a clear perspective of leasing's past, present,
It's a perspective that offers valuable insight to everyone in leasing community. Dunham sees the development of both the industry and the association as one marked by a number of distinct, and parallel, stages.
The Early Years
At WAEL's inception in 1974, the leasing industry, in the midst of developing standards for procedures and documentation, was in a largely formative stage. And, obviously, the association was as well.
The association, which was started to provide a means of exchanging information and building industry relationships, was an exciting entrepreneurial undertaking for Dunham. He saw a need and looked to meet it with WAEL.
Dunham, while eagerly taking credit for WAEL's formation, is modest about his role in making the association run effectively. "All the credit goes to Art Schwartz," Dunham insists, noting the contributions of the association's original executive vice president. "He took a wild idea of mine and made sense of it.-"
Dunham marks this early stage, as well as every subsequent stage, by associating it with WAEL's leaders at that time. The early presidents - Dunham, Harold "Hal" McAfee, Steve Head, and Fred Shieman - along with Schwartz, laid the foundation for the association. This task included determining the activity of the association, ranging from developing pro-grams to organizing meetings to attract and aid members, ac-cording to Dunham.
True to his entrepreneurial spirit, Dunham focused his energies to generating excitement for the then-fledgling organization. "I had lots to do to get people interested in WAEL," Dunham recalls.
In addition to starting the association, Dunham's entrepreneurial skills were tested with the formation of his present company, Leasing Associates of Cupertino, CA, in 1976. The lease brokerage was the latest step for Dunham, who has worked in the leasing industry since 1963, initially working for funding sources. But, "in 1967, I wanted to be a broker, and have been ever since, " Dunham said.
A Coming of Age
Dunham sees the period led by Jim Possehl, CLP, Ronald Wagner, CLP, and Bill Grohe as the "coming of age" group, especially in terms of assuming the management of WAEL. They were successful in coping with "the difficult time of moving from the association management organization [that ran WAEL] to creating a self-running association," Dunham said. This included the hiring of Jon Bednerik.
During this stage, the industry continued to evolve. Where once few companies wanted to deal with brokers, the leasing and lending companies increasingly turned to brokers. "Commissions went up; residuals went up," according to Dunham. With excitement being generated in leasing circles, more commercial lenders got into the act. "They'd do any-thing to fund deals," Dunham said.
In relation to the industry, transition has meant the paramount importance of the computer and advances such as credit-scoring systems for today's leasing operation. These changes become vital to keep up in the current economic climate.
Ways of moving ahead include the development of strategies to cope with downsizing and increased competition, ac-cording to Dunham. One of the ways to cope is to increase efficiency, whether through business practice innovation or technological means. The task remains problematic, however: "The smaller lessor or broker is pushed hard to make a profit," Dunham diagnoses.
Dunham has confidence in the association's current leadership in dealing with the transitional upheaval. "Jim Merrilees (CLP) is a great steadying force," Dunham notes. "Because of his personality as a bright, steady guy, he's ideal for man-aging UAEL through the transition."
The association which was started to provide means of exchanging information and building industry relationships, was an exciting entrepreneurial undertaking for Dunham. He saw a need and looked to meet it with WAEL.
The Next Stage
For the future, Dunham again projects confidence in UAEL's leadership. "Oren Hall (who is slated to assume the association presidency in 1996) is ideal for the times, given his experience in the industry," Dunham said. "He's the perfect guy to assimilate the changes in the industry."
But Dunham is careful to recommend a course of action for the association that he founded. UAEL should be instrumental in providing the means of learning - educational programs, regional meetings, and association-wide conferences - that will help its members deal with the challenges of the future. With these resources, leasing firms will be "all the better to prepare for the future of changes" Dunham said. "UAEL can answer the questions like `How do we run our business more efficiently?' or `how do we increase business by maximizing the telephone or mail?"'
Given his longevity in the industry, it is obvious that Dunham has enjoyed a great deal of success. Instrumental in this success is his wife, Diane. "I couldn't have got-ten where I am today without her, " he re-calls. "She's certainly as responsible as any for our prosperity."
Another element includes association involvement, especially the networking opportunities for our members. "Networking has always been an important part of the association, and is cost-effective," Dunham explains. By attending meetings, it provides an opportunity to meet people and not have to travel " to their offices.
"Regional events supply ideas, especially ones that no one picks up on," Dunham continues. "90 percent of what people say, you've heard before, but then, somebody will say, `this is how we do this,' and I'd incorporate the idea."
Being part of this constant dialog has yielded much success for Dunham. Looking back over his career, he pays a consider-able complement: "WAEL has made me a lot of money."
For his next stage, Dunham will concentrate on "the fun stuff," as he calls it - the marketing of Leasing Associates and generating more "wild ideas." From the man whose wild ideas have included forming WAEL, it's sure to be some fun stuff
Today Steve Dunham oversees the operation from his New England office. The Santa Clara staff includes Betty Loya, a twenty year employee, as operations manager and his son Brad Dunham as sales manager. Jay Coles continues to operate the Pleasant Hill Office.
“Standing: 1996 United Association of Equipment Leasing President Elect Oren Hal. Insert: Saturday keynote speaker Art Schwartz,
( originally a management service provider, then the first executive secretary of the organization.)”
November, 1995 UAEL Regional Reporter
A recent “Whatever Happened to...” found Bob Jacobson:
Bob Jacobson Found Alive and Well!!!
Leasing News has printed several “Pictures of the Past” regarding former equipment leasing industry Bob Jacobson. On February 12 of this year, we ran the above photograph, and wrote:
In 1983, Robert S. Jacobson, III, was the Western Association of Equipment Lessor vice-president. At the time he was vice-president, National Broker Division, Tri-Continental Leasing Corporation, a division of Bell Atlantic, a major telephone company. A WAEL Leasing Conference was not the same without him. He had served as vice present and member of the Executive Committee. In 1984 he would become president of the association now known as the United Association of Equipment Leasing.
He was recruited by Don Smith and Hy Bren of Interlease, San Francisco in 1974, from Union Bank. Don died of a heart attach while playing tennis in Tiburon, and his then partner Hy Bren went on to form his own company, finally joining Matsco, Emeryville, California, where he was a star salesman and sales personnel recruiter, retiring last year.
Bob learned from the great advertiser/promoter Don Smith at Perry's on Union Street about “discounting” to start his own leasing company in 1975, which was sold to a holding company where he remained president until forming Leasing Acceptance. where Ben Millerbus was the sales manager. They had a direct sales force. In the next downturn of the industry, 1978, the company split up: Millerbus left to start Pentek Leasing, San Jose, California. He later he sold it in 1982 to Alaska Pacific Bancorporation, which in turn was sold to a large Upstate New York bank. Millerbus didn't stay retired long, forming Pentech Financial Services in Campbell, California with the backing of John Otto, plus was co-founder of Silicon Valley Bank ( he has recently formed a group to start a commercial bank again ).
Jacobson, well-known for his late night poker games, set up a broker “private label” operation called Tri-Continental Leasing, then located in Mountain View, California. In one of the next economic down turns, the telephone company divested itself of this division, shutting down their branch operations. Bob then went to work for Amembal, Deane & Associates doing lease training across the country. From memory, he was here about a year before he left the leasing business to join Hewlett-Packard, reformed, reportedly doesn't gamble, and last heard was involved in managing an engineering department. He and his family live in the Half Moon Bay area, California, where he commutes to work (just like John McCue of McCue Systems, Inc.)
Attempts to reach Jacobson him for a statement of the industry have gone unanswered. He has been “annoyed” at Kit Menkin for several years for not attending his birthday party, and that's Bob.
The Good News ! ! !
Cheryl and Bob Jacobson are Alive and Well in Lake Tahoe
“As you all know, I had become passionate about technology during my final years in the leasing industry. After Bell Atlantic Tricon decided to close the broker division in the early 90's, I devoted about a year to building up a computer BBS (Bulletin Board System) out of my home. One of my users was a manager at HP Laboratories in Palo Alto. He made me a job offer to join HP as a temporary I.T. worker, installing computers at the labs. That progressed to a full time engineering job where I eventually became a department manager in charge of inventing disruptive technologies.
“After about 5 years, my natural core competency of B*S* took over, and I was sent into the field. I ended up being a Business Development Manager for Europe, and then Asia. My job was to negotiate the multi-million dollar alliance and partner relationships for HP overseas. After 300,000 miles of travel per year and 270 nights in hotels every year for a 4 year period, I finally had to get out
“Cheryl and I found ourselves in Lake Tahoe over a holiday, and fell in love with the area! We sold our home in Half Moon Bay, bought a house up here, and then tried to figure out what we wanted to do for work. I thought that maybe being a blackjack dealer would be a great change of pace! I was accepted into Harvey's black jack school, but when Cheryl found out, she told me absolutely not. She didn't want me in the smoke filled, booze filled, environment. I learned a long time ago that I wear the pants in the family, but she tells we what color and which leg to put in first. :-)
“So, Marriott opened up a timeshare resort in Heavenly about that time. I called up and they immediately took me on board. I've been selling vacation ownership here in Tahoe since May '03.
“I'm still sober, don't gamble anymore, and love living in Paradise!!
Attached is an updated picture they took at HP a couple of years ago.
“I think about all my friends in the Leasing Industry many times. I try to keep up with what's happening to all my old friends as much as I can. If anyone wants to email me, my email address is email@example.com. And, Kit, you are totally forgiven for standing me up on my birthday dinner so many years ago. :-)
February 24,1984, it was announced Randy Bauler, CAE. would become the full time executive director.
Randy Bauler, CAE, formerly Executive Vice President of the Electric League of Arizona, joined the Western Association of Equipment Leasing executive staff in February.
“ ‘We are delighted to have someone of Randy’s experience and enthusiasm join us,’ said WAEL president Bob Jacobson. “WAEL has grown tremendously in the past few years and many new programs are planned for this year. Randy will be a real asset to the WAEL management team.”
“Bauler will work with the WAEL Board and Long Range Planning Committee in developing a strategic plan for WAEL’s next five years. Responsibilities for committee projects and other WAEL programs will be divided between Bauler and WAEL Executive Director Irene Devine.
“Public Relations, Member Services, Certification, Membership, Brokers and Federal Legislative Involvement Committees will be coordinated by Bauler. Devine will work with Education, Legislative Relations, Accounting, Tax, Legal and Standards Committees and will continue to edit
“Bauler started his career as an association executive with the Arizona Electric League in 1975. He received the Professional Performance award form the American Society of Association Executives in 1981 and his CAE ( Certified Association Executive) designation in 1983.”
June, 1985, the new logo was approved:
WAEL NEWS LINE December, 1988
After Months of conducting an extensive nationwide search, the WAEL Management Selection Task Force recommended a twenty -year association executive, Jon C Bednerik; he was appointed by the WAEL Board of Directors to the position of Executive Vice President during a special meeting held in November.
Bednerik assumed his new post on December 5. That date marks the beginning of the transition from the long-term relationship with Management/Association Services, Inc. (MAS), which has been providing administrative support to WAEL for some fifteen years. WAEL will establish its own association headquarters staff in the Oakland/San Francisco Bay area. Plans call for the transition to be completed around mark of 1989.
Chosen from a field of more than 400 candidates, Bednerik has been Executive Director of the Western Independent Bankers (WIB) for over five years. WIB is a regional trade association of 300 independent banks and some 50 associate member firms in thirteen Western States.
Bednerik's association career includes serving as Director of Government Affairs for over six years with the National Association of Drilling Contractors, and five years with the National Society of Public Accountants, as well as two years with the National Association of Broadcasters. A registered lobbyist in Washington, D.C., his prior job experience was a newspaper reporter and in the advertising and publishing fields.
A graduate of Rollins College in Winter Park, FL with a bachelor's degree in philosophy and government, he also completed his course work for an LLB at Vanderbilt University School of Law in Nashville, TN.
Bednerik noted, "WAEL is extremely fortunate to have the benefit of outstanding volunteer member involvement and has enjoyed the services of one of the finest multi-association management firms in the country. Now WAEL has the opportunity to develop its own full time team. My goal is to continue to build on the strong foundation and to provide expanded membership services, to emphasize high quality seminars at reasonable costs, and to create higher public profile for professional lessors and the important role played by the leasing industry."
An avid sailor, he and his wife Darlene, live in Alameda. Their daughter Lydia attends the University of California at Santa Cruz.
Management of WAEL will be in the process of transition throughout the first few months of 1989, while the new office is being relocated. (See "President's Perspective" column for details on the Management Transition Task Force.) Watch your mail and future issues of Newsline for updates and details on all of the exciting changes currently happening in your association.
" Jon Bednerik
was a real "people person'. Bednerik had a lot of imagination...
Events and creativity were the best. "
" Jon came to WAEL from the Independent Banker's Association after search committee interviewed more than 20 candidates and reviewed more than 100 resumes. Jon's strengths were his written communications and publications. If you remember the Newsline prior to Jon's tenure it was of much lower quality. Jon received a crash course in financial management during his first year at WAEL. To say we had some tough finance meetings before the BOD met is a gross understatement. The Executive Committee at the time; Ben Millerbis-Past President, Jim Possehl-President, Ron Wagner-VP and Bill Grohe-Sec-Tres held weekly conference calls and held Jon's hand as much as possible. Our Spring Conference at the Camelback was a success, but not without some significant good fortune. The Fall Seattle Conference was also successful but the chaos behind the scenes was serious hand wrenching. We were very fortunate to have hired excellent staff and the year was a positive one for WAEL but required four or five times the time and effort by the executive committee and a load of good luck."
Western Association of Equipment Leasing ( WAEL )
On Dr. Ray William’s watch: WAEL becomes UAEL
Secretary General of Leaseurope Joins The Alta Group
LONDON --In anticipation of his 2007 retirement from his present role as secretary general of Leaseurope, Marc Baert has joined The Alta Group as an associate. The Alta Group, an international consulting firm specializing in the equipment leasing industry, serves Latin America, North America and Asia Pacific as well as Europe. Mr. Baert will serve Alta clients throughout Europe but will focus especially on emerging markets in Central and Eastern Europe.
Mr. Baert studied law at Leuven University and was admitted as a Barrister to the Brussels Bar in 1968. He entered the world of finance in 1972 and until 1984 was the director of sales and marketing at International Factors in Brussels. During that time he also earned an MBA at the University of Ghent.
From 1985 until the present time, Mr Baert has served as the Secretary General of both Leaseurope and Eurofinas in Brussels. These organisations are the central trade bodies of both leasing and consumer credit in Europe and are made up of the national associations. Their main purpose is to represent the views of the two industries in the European Community and within the European Commission.
Mr Baert has played a huge support role to the fledgling markets of the Central and Eastern European countries, both those who have recently joined the European Community and those still awaiting membership. He has given considerable assistance and advice as these countries have formulated their laws and practices to encourage the development of a leasing industry.
Derek Soper, Principal in the London Office, said “We are delighted to have Marc Baert join us, he has made a significant contribution to the development of the emerging leasing industry in Central and Eastern Europe and his expertise will help us to keep well ahead of our competitors.”
About The Alta Group
Founded in 1992, The Alta Group (www.thealtagroup.com) is a leading source of corporate consulting and advisory services, education, and training to the global equipment leasing and finance industry. The Alta Group’s European office, based in London since 1998, is now composed of eight members, all with extensive backgrounds in the $500 billion global equipment leasing and finance markets. Globally the Group is composed of former CEOs, company founders, and industry organisation leaders-who collectively have more than 500 years of experience. For more information on The Alta Group and its
visit www.thealtagroup.com or
call Derek Soper at +(44) 1444 891344.
### Press Release ######################
KEY EQUIPMENT FINANCE NAMES SCOTT SCHAUER
VICE PRESIDENT, DIRECT LARGE TICKET ASSET MANAGEMENT
SUPERIOR, CO. – – Key Equipment Finance, one of the nation’s largest bank-affiliated equipment financing companies and an affiliate of KeyCorp (NYSE: KEY), has announced the appointment of Scott Schauer as vice president of direct large ticket asset management. His office is located at Key Equipment Finance’s world headquarters outside Boulder, Colorado.
“Scott brings a wealth of knowledge to the CLS-Direct\Large Ticket Asset Management team,” said Paul Frechette, president and chief operating officer for Key’s commercial leasing services group. “He is not only experienced in a bank-owned lessor environment but also has passed all the exams required to be an ASA Certified Appraiser and has extensive knowledge in the equipment financing categories relevant to our business.”
Prior to joining Key, Schauer was senior vice president and director of asset management for GMAC Commercial Finance in Atlanta, Georgia, where he directed and developed all aspects of asset management for the Equipment Finance Division. He has nearly 20 years of equipment financing and asset management experience gained through positions at SGI Solutions Finance, Mellon US Leasing, Maryland National Leasing Corporation and G.E. Capital Corporation. Schauer is a member of the American Society of Appraisers and the National Aircraft Finance Association.
KeyCorp affiliate Key Equipment Finance has announced that the company now manages an equipment portfolio in excess of $10 billion. "Reaching $10 billion in assets is an exciting milestone in our company's history," says Key Equipment Finance President and CEO Paul A. Larkins. "The real accolades go to all of our professionals who are dedicated to providing best-in-class products and services to our clients around the globe."
Key Equipment Finance is an affiliate of KeyCorp (NYSE: KEY) and provides business-to-business equipment financing solutions to businesses of many types and sizes. The company focuses on four distinct markets:
• businesses of all sizes in the U.S. and Canada (from small
business to large corporate);
• equipment manufacturers, distributors and value-added resellers
• federal, provincial, state and local governments as well as other
public sector organizations; and
• lease advisory services for manufacturers’ captive leasing and
Headquartered outside Boulder, Colorado, Key Equipment Finance has annual originations of approximately $3.9 billion, and as noted earlier, manages a $10 billion equipment portfolio. The company has major management and operations bases in Toronto, Ontario; Albany, New York; London, England; and Sydney, Australia. The company, which operates in 24 countries and employs 675 people worldwide, has been in the equipment financing business for 30 years. Additional information regarding Key Equipment Finance, its products and services can be obtained online at KEFonline.com.
Cleveland-based KeyCorp (NYSE: KEY) is one of the nation's largest bank- based financial services companies, with assets of approximately $85 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through KeyCenters and offices; a network of nearly 2,200 ATMs; telephone banking centers (1.800.KEY2YOU); and a Web site, Key.com(R), that provides account access and financial products 24 hours a day.
### Press Release #########################
CitiCapital’s Ellen Alemany cited as “Woman to Watch” in Banking
Ellen Alemany has been cited by U.S. Banker Magazine as the #8 “Woman to Watch” in banking. Alemany is President and CEO of CitiCapital, Citigroup’s equipment leasing and finance business and EVP of Citigroup’s Commercial Business Group, which offers banking and commercial real estate services for small business and middle market customers. She is also a member of the Citigroup Management Committee. Additionally, Alemany serves as Treasurer and Board of Trustee of the Equipment Leasing & Finance Foundation and is a member-elect of the ELA Board of Directors.
The annual ranking was based on U.S. Banker's review of 5,039 women in senior positions, considering financial performance, job complexity, experience, management style, ethics, community ties, education, and influence over a specific market among their criteria.
In its write-up, U.S. Banker notes, “In the last 21 months, [Alemany] built CitiCapital into the second largest U.S.-based leasing company, thanks to acquisition of Associates, Copelco, EAB and Schroeders. With a global portfolio of $20 billion plus, CitiCapital now boasts more than 575,000 customers and is a player in construction, material handling, transportation, healthcare and business technology finance.
Ajay Banga, EVP of Citigroup’s Global Consumer Group credit’s Alemany’s “strategic vision” and “tremendous integrity” for her success. “She’s very warm and emotive,” he says. “And she makes everyone have a voice.”
Phone Number: 914-899-7819
Fax Number: 914-899-7766
### Press Release ##########################
ABS East notches record attendance
First major storm of season pounds California
California's job growth slow, steady
Greenspan: Household Debt Not Serious Threat
FCC Chair to Seek Net Telephone Oversight
Assuming Someone Else's Lease: Point, Click, Wait
Google wins tech growth race
Redding, CONN: An Old Mill Gives Way to a Village
Cards hope there's no place like home
The Oakland Raiders have traded Jerry Rice to the Seattle Seahawks. The trade will be final after Rice undergoes a physical and upon League approval. (from www.raiders.com)
Seattle Seahawks Version of the Trade for Jerry Rice
San Francisco Version of Rice Going to Seattle
Chuck Gannon Won’t Be Back This Year/Its Kerry Collins for
the Raiders, while all the fans yell, “Too-eee” “Too-eee” for
Marques Tuiasosopo, the third string QB—Looks like Rice
still knows what he is doing, just as Terrell Owens did
insisting on going to the Philadelphia Eagles.
California Nuts Briefs---
Schwarzenegger cracks jokes about his wife's politics:
"There was no sex for 14 days," he says after he endorsed Bush.
Governor bucks Bush on stem cell research
Schwarzenegger also supports plan for open primary
“Gimme that Wine”
Mondavi receives price for entire winery, stock soars after this announcement
Update 1: Constellation Makes Offer to Buy Mondavi
Wineries benefit from tax suspension
No more free Russian River water
Fetzer, Ukiah balk at paying for first time in 50 years; District contends its a bargain
Oregon Vintners toast, roast 2004 weather
Big and Beautiful: Lafite for 12/Imperial---Eric Asimov
This Day in American
World Series Champion This
Today is Mickey Mantle’s birthday, so first,
a song made popular by Teresa Brewer, a top hit
in its day, sung along with the famous home run hitter.
I love Mickey
If I don't make a hit with him my heart will break in two
I love Mickey
I'd sacrifice most anything to win his many charms
Here are other “baseball hit” songs: