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Golobic Selected as Leasing Person of the Year

Editor’s Note: The Leasing News advisory board selected Tony Golobic, Chairman and CEO of GreatAmerica Financial Services to receive the Leasing Person of the Year award. Winners are nominated in a closed session of the advisory board, and are chosen based on leadership, integrity, and overall contributions to the industry.

Leasing News Selects Tony Golobic as Leasing Person of the Year
The Award is based on outstanding leadership and direction of management, executive leaders, senior leaders, managing directors, sales leaders, and various departments of finance/treasury, legal, HR, information technology and corporate communications/Marketing.

Founded by CEO Tony Golobic in Cedar Rapids, Iowa in 1992, GreatAmerica is a $1.3 billion national commercial equipment finance company. GreatAmerica is dedicated to helping manufacturers, vendors, and dealers be more successful and keep their customers for a lifetime. GreatAmerica is over 90% employee-owned and provides financing and niche market-focused services in all fifty states and several U.S. Territories and has a staff of nearly 400 employees with offices in Iowa, Minnesota, Missouri and Georgia.

The company is well financed, including securitizations highly rated by Fitch and S&P. In 2011, they purchased their building at One GreatAmerica Plaza in downtown Cedar Rapids, a major building that is their headquarters. GreatAmerica is known for its three word slogan Hard Work * Integrity * Excellence.

As Bruce Kropschot, Senior Managing Director and Merger & Acquisition Advisory Practice Leader, The Alta Group, and Leasing News Advisory Board Member wrote in the introduction to Leasing News’ article The Secret of Our Success: "Tony Golobic of GreatAmerica Leasing Corp. is the leader of a very successful company that has kept a relatively low profile...They were one of the few leasing companies able to tap the securitization market in 2009. The company has always been very conservative in its credit approvals, financing and accounting, areas that have derailed a number of their competitors." (http://leasingnews.org/archives/Jan2010/1_25.htm#greatamerica)

As Leasing News Advisory Board Chairman, as well as Chairman of the CLP Foundation, Bob Teichman of Teichman Financial Training noted, "I believe that Tony Golobic fits the criteria far better. His philosophy is clear in his statement to Leasing News dated Jan 25, 2010, and Great America may well be the largest company on Leasing News’ list of companies that don't use Evergreen clauses. His reputation and influence may go a long way towards getting rid of this stain on the leasing industry."

As Hugh Swandel, Senior Managing Director, Canada, The Alta Group, Immediate Past President National Equipment Financial Association, and Leasing News Advisory Member observed, "I have always liked the way Tony Golobic has stuck to his business philosophy and principles over the years. Strong organic growth, tremendous corporate culture and a breed of executive that have been long term employees and seriously involved in the industry.

“Tony has never sought the limelight but has built one of the best performing lessors that has been tested through multiple economic cycles.

"I think if you look at some of the statistics on businesses that remain strong and profitable for greater than 10 years you will begin to understand the magnitude of Golobic’s accomplishments. All business empires fall and the credit crisis showed us the importance of having the right stuff… Quiet leadership may not get the headlines but it does change the game over time."

Leasing News Advisory Board
Chairman
Bob Teichman, CLP Teichman Financial Training, Sausalito, CA.

Advisory Board
Steve Crane, CLP Bank of the West, San Ramon, CA
Dale Davis Endeavor Financial Services, Costa Mesa , CA
Phil Dushey Global Financial Services, Manhattan, NY
Ken Greene, Esq. Hamrick & Evans, Universal City, CA
Shawn D. Halladay The Alta Group, Salt Lake City, UT
Robert S. Kieve Empire Broadcasting, San Jose, CA
Bruce Kropschot Kropschot Financial Services, The Villages, FL
Bruce Lurie Douglas-Guardian Services , Houston, TX
Andrew Lea, M.A. NetSol Technologies, N.A., Alameda, CA
Allan Levine Madison Capital, LLC., Owings Mills, MD
Don Myerson BSB Leasing, Colorado, Hawaii
Armon L. Mills, CPA J.H. Cohn, LLP, San Diego, CA
Tom McCurnin Barton, Klugman & Oetting, Los Angeles, CA
Hugh Swandel The Alta Group, Canada
Paul Weiss Panthera Leasing, San Francisco, CA
Rosanne Wilson, CLP 1st Independent Leasing, Beaverton, OR
Ginny Young former Brava Capital, Orange, CA

Publisher
Christopher Menkin
Saratoga, California
www.leasingnews.org