Equipment Leasing and Finance Association - Equipping Business for Success

Beth Ann Bovino

U.S. Chief Economist
Standard & Poor's, A Division Of The McGraw Hill Co.

Beth Ann Bovino is the U.S. Chief Economist at Standard & Poor's Ratings Services, based in New York. In this position, she develops S&P's U.S. economic forecasts and authors the monthly U.S. Economic Forecast, the quarterly U.S. Risks To The Forecast, the weekly Financial Notes and the Weekly Economics Call. Beth Ann has created Industry Drivers reports for analyst research. She is quoted regularly in the press and has appeared on many major television programs. Further, she has written many articles for popular and professional publications.

Before joining Standard & Poor's in February 2004, Beth Ann spent over ten years doing economic and market research with Sungard Institutional Brokerage, UBS Warburg, and the Federal Reserve.

The Wall Street Journal recognized Beth Ann as the most accurate forecaster of the U.S. economy in 2013.

Beth Ann holds a bachelor's degree in Economics from the Wharton School at the University of Pennsylvania, a master's degree in International and Development Economics from Yale University and a Ph.D. in Economics from Columbia University.

Lewis Cohn

Managing Partner
Cohn & Dussi, LLC

Lewis J. Cohn is the Managing Partner at Cohn & Dussi, a fullservice business law firm with offices in Boston and Providence, RI. With Mr. Cohn at the helm, Cohn & Dussi has created a robust network of attorneys all over the U.S., uniquely offering a national solution for our clients — no matter where they do business.

Mr. Cohn chairs the firm’s Financial Services Practice, which includes the Banking, Finance, Equipment Leasing, Secured Lending, Alternative Lending, Factoring, and Creditors’ Rights & Bankruptcy Groups. He represents lenders in all phases of the commercial loan process, bringing a special expertise in the collection, workout, and liquidation of troubled debt. He also represents secured and unsecured lenders, financial institutions, and equipment lessors in a wide range of complex transactions. Working closely with the firm’s Commercial Litigation Group, Mr. Cohn also handles commercial litigation cases for the Financial Services Practice, including injunctions and attachment proceedings.

A recipient of the 2021 Top Lawyers Award from Boston Magazine, Mr. Cohn holds a LL.M. in Taxation from Boston University School of Law and a J.D. from Suffolk University School of Law. He is a member of the Massachusetts and District of Columbia Bars. He is a member of the Equipment Lease and Finance Association (ELFA) and the ELFA Credit & Collection Committee, the National Equipment Finance Association (NEFA) and its Legal Committee, the Lease Enforcement Attorney Network (LEAN), the New York Institute of Credit (NYIC), the Massachusetts Bankers Association and the Northeast Chapter of the Turnaround Management Association (TMA). Mr. Cohn serves on the Boys and Girls Club of New York Accountants & Bankers Committee.

Alexander Darcy

Shareholder
Darcy & Devassy PC

Alex Darcy is a shareholder at Askounis & Darcy PC in Chicago. Alex specializes in representing banks, finance companies, and vendors in equipment lease litigation, appellate, bankruptcy and transactional matters. He has litigated equipment leasing related matters in all fifty states and Puerto Rico. Since graduating in 1993 from The Washington University School of Law in St. Louis, he has practiced exclusively in the equipment finance area with Tom Askounis.

Alex cut his teeth on the $180 million Recomm equipment leasing fraud, a mid-1990s Ponzi scheme in which the vendor rebated a portion of the lease payments back to the lessees through separate, undisclosed "royalty" contracts. More recently, Alex worked to uncover fraud in the Wildwood Industries and Equipment Acquisition Resources matters. He also defended an equipment finance company from the Federal Trade Commission's challenge to floating forum selection clauses in equipment lease contracts, winning dismissal of that part of the Federal Trade Commission's Complaint.

Alex is licensed to practice law in Illinois, California, and Maryland, as well as numerous federal courts throughout the country. He is a 1987 graduate of Hamilton College.

Michael DiCecco

Executive Managing Director, Huntington Asset Finance
Huntington Equipment Finance

Robert Fagan

Vice President of Customer Service & Collections
Eastern Funding LLC

Andrew Glaab

Attorney
Cohn & Dussi, LLC

Andrew B. Glaab is an associate attorney at Cohn & Dussi and heads up the firm’s In-House Collection Group. Mr. Glaab focuses his practice on civil business litigation, commercial law, contract law including loan documentation, construction law, insurance subrogation, creditor’s bankruptcy, insolvency, workouts, commercial and consumer collections.

He represents various secured and unsecured creditors including international and national lenders, banks, credit unions, factors, merchant cash advance companies, insurers, leasing companies, trade creditors, and debt buyers in the enforcement of their contractual rights.

Prior to joining the firm, Mr. Glaab practiced both commercial and residential real estate, transactional and personal injury law. He also worked for Massachusetts Dispute Resolution Services (a full-service alternative dispute resolution firm) as an intern to Director Attorney Brian Jerome.

Mr. Glaab holds a B.A. from Kent State University and a J.D. from New England School of Law, where he served as a mentor and a student ambassador. He is admitted to practice in the Commonwealth of Massachusetts and the U.S. District Court for the District of Massachusetts. In addition, he holds a certification in the Fair Debt Collection Practices Act.

Mr. Glaab is an active member of the Massachusetts Bar Association, Essex County Bar Association, and the Greater Lynn Bar Association. He is also a member of the following organizations: the National Equipment Finance Association (NEFA), Equipment Leasing and Finance Association (ELFA), Lease Enforcement Attorney Network (LEAN), Alternative Finance Bar Association (AFBA), the Northeast Chapter of the Turnaround Management Association (TMA) and the American Bankruptcy Institute (ABI). He has been selected to speak at many of their educational conferences, seminars and events.

Daniel Goderis

Director, Portfolio Management
GreatAmerica Financial Services

Chris Jung

Director, Americas Credit & Risk Officer
Cisco Systems Capital Corporation

Cecile Latouche

Executive Director
Sumitomo Mitsui Finance & Leasing Co., Ltd.

Cecile Latouche has over 15 years of leasing experience in originating, structuring and underwriting commercial transactions. In her last position she was the Chief Risk Officer with 36th Street Capital, an independent leasing company focused on bank adjacent credits. Prior to joining 36SC, Cecile was a Principal at Atalaya Leasing, where she managed a fund dedicated to leasing. Prior to this, she was the Credit Risk Officer for the equipment finance segment at Sterling National Bank, Sumitomo Mitsui Finance and Leasing (SMFL) and Societe Generale Equipment Finance where in her leadership role she was instrumental to the development and growth of the company’s footprint in the US.

Morgan Luchs

Associate
Platzer, Swergold, Goldberg, Katz & Jaslow, LLP

Morgan S. Grossman is an Associate of the Platzer, Swergold, Goldberg, Katz & Jaslow, LLP firm. Ms. Grossman represents clients in various commercial matters, including Breach of Contract Actions, Collection matters, specifically Equipment Leasing Transactions, Litigation/Trial Practice, Business Litigation, and General Commercial Litigation. Ms. Grossman graduated with a Bachelor of Science Degree from the State University of New York at Stony Brook, and received her Juris Doctorate from St. John’s University School of Law in 2015. Ms. Grossman is admitted to practice law in the State of New York. She has worked closely with retained local counsel, representing clients across the United States and in foreign nations. Ms. Grossman is the Chairperson of the New York Institute of Credit Future Leader Committee. She is a member of the Equipment Leasing Finance Association. Ms. Grossman serves on the board of the NextGen Committee for the Needlers Foundation. She serves on the board of the Needlers Foundation. Ms. Grossman has received the New York Institute of Credit Future Leader Award.

Brandon Marvin

President & CEO
Great Lakes Asset Solutions

Brandon Marvin is President and CEO of Great Lakes Asset Solutions LLC. A commercial repossession company specializing in the location and recovery of assets nationwide. Mr. Marvin has nearly two decades of experience in the recovery industry serving in various capacities. Mr. Marvin serves as a Vice President for Lockport Main Street incorporated a community based not for profit. He is also a member of the Equipment Leasing and Finance Association, National Equipment Financers Association, and an avid supporter of the Big Brothers Big Sisters program.

Lou Maslowe

Chief Risk Officer, Commercial Domain
DLL

Scott McCann

Senior Credit Officer
Pinnacle Financial Partners, Inc.

Eric McGriff

Chief Risk Officer
36th Street Capital

Eric has been in the Equipment Finance industry for 37 years and has served as a senior leader whose responsibilities have included credit, portfolio management, collections, asset management, operations, customer service, legal operations and statistical modeling. Eric is Chief Risk Officer at 36th Street Capital.

Patrick Moore

Director, Credit Strategy Consulting
Equifax

Michael Mount CLFP, CFA

SVP, Credit Executive
U.S. Bank

Dana Pace

Senior Vice President, Director of Operations & Asset Resolution
PNC Equipment Finance

Dana M. Pace is the Director of Operations and Asset Management for PNC Equipment Finance, overseeing operations and equipment management. PNC?s combined leasing and equipment finance portfolio exceeds $18 billion in assets making the firm the 3rd largest bank leasing company in the country. She has more than 25 years of experience in collections, equipment valuation, remarketing, vendor finance operations and portfolio risk management. Her prior work experience includes her start with Information Leasing Corporation (ILC) and through mergers and acquisitions Provident Bank, National City Bank and National City Commercial Capital Corporation.

Currently, by managing both the front-end asset management valuations and the back-end asset management lease end loan operations teams. This allows her to see industry changes both from an equipment perspective and a client perspective, enabling them to stay nimble and react quickly when markets change. As real-time data is often the key to moving the finance and leasing business to the next level, Pace ensures data transparency throughout the transaction lifecycle is the norm for asset management.

Over the last decade as a member of the ELFA Credit & Collections Management Committee, Pace has contributed to conferences and coordinated ELFA Women?s Council events. Featured by the Monitor in 2019 as a top woman in Equipment Finance. She is member of ASA American Society of Appraisers and a PNC Certified Women?s Business Advocate.

Ms. Pace holds a bachelor?s degree out of the College of Education, University of Cincinnati.

Outside of work, Pace is actively involved in global wildlife conservation and fundraising for conservation reserves, as well as local zoo conservation research projects to protect endangered species and habitats. She resides in a suburb of Cincinnati with five dogs and is active in AKC breed and confirmation events.

Sarah Palmer

Head of Credit, AML and Commercial Finance
DLL

Ralph Petta

Kevin Prykull CLFP

Adjunct Professor in Finance --Duquesne University

Jennifer Rosenberg

Senior Vice President, Senior Credit Officer
Fifth Third Bank, National Association

Jennifer Poland Rosenberg is the Senior Credit Officer for MB Equipment Finance, overseeing credit and equipment management. She has more than 20 years of experience in risk management, financial analysis and business valuation.

From 2012 until the merger with MB, she was senior vice president, credit for Cole Taylor Equipment Finance. Prior to that, Rosenberg was senior manager with Tucker & Meltzer Valuation Advisors in Baltimore where she focused on corporate valuations of closely held businesses and private equity investments. She spent three years as a risk manager for GE Capital Corporation where she was responsible for underwriting and closings of commercial loans and leases. Rosenberg also held roles with LaSalle National Leasing Corporation, Morgan Stanley, and Ernst & Young LLP earlier in her career. She had earned and held both the CPA and ABV accreditations, both of which are no longer active.

She earned a B.A. in Business Accounting from Franklin and Marshall College, Lancaster, Pennsylvania.

James St. Clair

Director of Legal and Loss Recovery
Crossroads Equipment Lease & Finance LLC

Jim Tobin

Director Retail Credit, VFS US
Volvo Financial Services

Thomas Ware

President
Tom Ware Advisory Services, LLC

Now an independent analytics, risk, and credit scoring consultant, Tom Ware was for 18 years Senior Vice President of Analytics & Product Development at PayNet, which was acquired by Equifax in 2019. In that role he was responsible for the development of PayNet’s MasterScore and probability of default models, which have been used by hundreds of lenders to help decision millions of commercial loan and lease applications worth over $300 billion. He was also responsible for creating loss forecasting models, peer lender performance benchmarking and Strategic Business Reviews, and for developing a wide variety of research about commercial lending that appeared regularly at ELFA conferences as well as in the Wall Street Journal, American Banker, RMA Journal, Washington Post, Chicago Tribune, Forbes, Crain’s, Bloomberg, Reuters, AP, CNBC, ABC News, Congressional Testimony, and the published papers of two Federal Reserve Governors.

Prior to PayNet, Tom had 17 years’ experience as a lender with banks and finance companies, including as General Manager of a billion-dollar division of J.I. Case/CNH Capital, and as Chief Credit Officer & Senior Vice President, Operations of Rockford Industries, a NASDAQ-traded finance company that was acquired by American Express. Tom began working with commercial credit scoring in the mid-1990s, when he was responsible for bring scoring to a mid-sized bank, and within a few years developed scores that were auto-decisioning 40% of applications under $100,000. Previously he founded Sequa Credit Corporation, later acquired by Hypercom. Tom began his career with a Boston management consulting firm that became the New England office of Oliver Wyman.

Tom is Chairman of the Equipment Leasing & Finance Foundation’s Research Committee, and is a member of the Foundation’s Board of Trustees and its Executive Committee. He is a long-time member of the ELFA’s Credit & Collection’s Committee, and previously served on ELFA’s Small Ticket Business Council, and on the Board of Governors of RMA’s Washington D.C. & Maryland chapter. He is a frequent contributor to Equipment Leasing Today and the Monitor, where he published, as a three-part series of articles, “The 12 Secrets of Commercial Credit Scoring.” The ELFA selected him as the 2021 recipient of the Michael J. Fleming Distinguished Service Award, for contributions to the Association and the industry. Tom graduated with Distinction in Mathematical Economics from Dartmouth College, and has an MBA from Harvard Business School.

Adam White

Director, Commercial Risk Solutions
Equifax

Erich Wust CFA

VP - B&L, Commercial, Telecommunications, & Energy
Equifax

Erich Wust, VP Risk Analytics at Equifax responsibilities include data and analytic for Banking and Lending, Commercial, Specialty Finance, and Communications. Erich joined Equifax in 2019 from OnDeck Capital where his responsibilities included managing the Allowance for Loan and Lease Losses, Operational Risk and Strategic Initiatives. Prior to OnDeck, Erich spent more than a decade in credit and risk leadership roles at Sun Trust Bank. He most recently served as the bank’s senior vice-president of Wholesale Modeling and Analytics. Erich’s professional experience spans multiple industries in predictive analytics, strategic finance, business consulting, business planning, due diligence coordination, merger integration, product management, pricing, financial modeling, actuarial science, retail management, and accounting.

Erich received his bachelor of science in Quantitative Business Analysis from Louisiana State University, a Masters of Business Administration from Georgia State University, and holds a Chartered Financial Analyst (CFA) designation.