N EWS 2016 ELFA Leadership FOLLOWING THE 2015 ELECTION, ELFA offi cers and directors for 2016 are as follows: Bill Stephenson, 2016 ELFA Chairman OFFICERS William Stephenson , DLL ( Chairman ) Robert Rinaldi , Commercial Industrial Finance ( Immediate Past Chairman ) Anthony Cracchiolo , U.S. Bank Equipment Finance ( Chairman-Elect )* David Schaefer , Mintaka Financial ( Vice Chairman )* Jud Snyder , BMO Harris Equipment Finance ( Vice Chairman )* Martha Ahlers , United Leasing ( Vice Chairman )* Robert Boyer , Susquehanna Commercial Finance ( Treasurer )* William G. Sutton, CAE, ELFA ( President/CEO ) ( Until 12/31/2015 ) Ralph A. Petta , ELFA ( President/CEO ) ( Eff ective 1/1/2016 ) Paul Stilp , ELFA ( Secretary ) 4 NOVEMBER/DECEMBER 2015 EQUIPMENT LEASING & FINANCE MAGAZINE DIRECTORS Andrew Bender , GSG Financial William Besgen , Hitachi Capital America† Michael Campbell , International Decision Systems* Aylin Cankardes , Rockwell Financial Group* Diane Croessmann , Lenovo Financial Services Michael DiCecco , Huntington Equipment Finance John Evans , Bank of the West Lori Frasier , Key Equipment Finance* David Gilmore , John Deere Financial* Brian Gri n , MB Financial Bank Miles Herman , LEAF Commercial Capital Brian Holland , Fleet Advantage* Gary Kempinski , GE Commercial Finance Sanjay Kumar , Cisco Systems Capital Corporation Gary LoMonaco , Forsythe/McArthur Associates* William Phelan , PayNet Steve Whelan , Blank Rome *Asterisks indicate those elected in 2015 balloting. † William Besgen was elected to serve the fi nal year of a three-year term that was vacated early.