Newly appointed Commercial Finance Association interim CEO Richard Gumbrecht reached out to members of the organization, providing information on his background and stating his goals and objectives.
In an email, Gumbrecht said he has served on the CFA board of directors since 2011. He established an ABL unit at EverBank while operating as the bank’s chief growth officer. He has 25 years of commercial finance leadership experience, both in the large (GE Capital) and entrepreneurial space. He cofounded an equipment finance business which was acquired and successfully integrated into EverBank.
Gumbrecht has been a long-term member, director and trustee of several trade associations and not for profits, including the Equipment Leasing and Finance Foundation (ELFF) where he is currently a trustee and was chairman from 2013-2015.
As interim CEO of the CFA, Gumbrecht laid out his objectives:
- Effect an orderly transition to the new CEO who will be chosen by a search committee
- Manage the day-to-day operations of the CFA in order to ensure the organization is meeting operating and financial objectives
- Execute the CFA agenda to support the members of the CFA community and help enable their success