Daily News: January 25, 2017

Trojan Terminated as CFA CEO, Gumbrecht Named Interim Manager


The Commercial Finance Association executive committee voted to terminate Bob Trojan as the organization’s CEO. According to people familiar with the matter, the decision was made, in part, because of the organization’s financial underperformance under Trojan’s management. Richard Gumbrecht has been retained as interim manager.

The CFA is forming a search committee to identify a new CEO.