NORTHBROOK, Ill., Oct. 7, 2014 (GLOBE NEWSWIRE) -- The Commercial Finance Association (CFA) elected Thomas Greco to serve on its Executive Committee for fiscal year 2015. Tom and the other existing and newly elected board members comprised of key leaders in the commercial finance industry will guide the Association and make key program and policy decisions in the coming year.
Mr. Greco, CEO of Hilco Valuation Services (www.hilcovaluationservices.com) began his one-year term on October 1, 2014. Tom brings to the board more than 28 years' experience in financial services and is regarded as both a highly effective business executive and deeply experienced corporate finance professional.
Recognized as one of the industry's preeminent thought leaders on enterprise valuation methodologies as well as asset appraisals across a broad range of business sectors, Tom has led valuation teams on numerous major financings for companies across multiple industries, including Retail, Metals, Technology, Automotive and Transportation. Tom has managed large business groups on a global scale, and he holds a Six Sigma Black Belt in quality management. Prior to joining Hilco, Tom spent nearly 25 years in banking where he originated, structured, underwrote and syndicated hundreds of asset based and cash flow transactions in both the middle market and large cap arenas. For many years as a banker, Tom was a customer of Hilco, where he developed a unique perspective on the requisites of a best-in-class valuation services provider. Today, those fundamentals form the backbone of Tom's leadership strategy.
Greco said "I am delighted to have the opportunity to serve the members of the CFA and to work with friends and highly respected colleagues to implement exciting new programs and services. CFA has an excellent reputation as a dynamic and progressive industry association and I am humbled to have been asked to help shape its future."
Before joining Hilco Global, Tom spent 15 years within GE Capital in various leadership roles. As President and CEO of GE Corporate Finance Bank, London (UK), he was responsible for all leveraged finance efforts across Europe. Prior thereto, Tom led GE's Real Estate Venture Investments, a U.S. based real estate equity investment business. Earlier, he was Managing Director, Central Region, for GE Commercial Finance where he oversaw the asset based lending business for 18 U.S. states and all of Canada. Tom also served as Senior Vice President of GE Capital Markets, where he managed a centralized structuring and sales team responsible for all domestic loan syndication activities. Prior to joining GE, Tom was with Chemical Bank, National Westminster Bank and JP Morgan.
Mr. Greco is a graduate of Fordham University, where he received his Master's in Business Administration.
"CFA serves as the voice of the commercial finance industry, providing engagement, opportunity, professional development programs and advocacy for our members. We wouldn't be able to achieve our mission without the hard work, dedication and insight of our Executive and Management Committees. We look forward to continually taking CFA to the next level because of the commitment and devotion of our leaders and members," stated Bob Trojan, CFA's Chief Executive Officer.
About the CFA: Founded in 1944, the Commercial Finance Association is the international trade group of the asset-based lending, factoring and supply chain finance industries, with nearly 300 member organizations throughout the U.S., Canada and around the world. CFA provides education, networking opportunities and industry advocacy on a domestic and international basis to the commercial finance community.
About Hilco Valuation Services: Hilco Valuation Services www.hilcovaluationservices.com is one of the world's largest and most diversified business asset appraisers and valuation advisors. HVS has expertise in a wide range of Asset Classes, including Inventory, Machinery and Equipment, Real Estate, and Enterprise Valuation. From Aerospace and Financial Services to Retail and Energy to Healthcare and Technology, we have delivered valuations for all industries. HVS also have provides services from Lending and Financial Reporting to Enterprise Planning, Due Diligence Services and Litigation Support.
Headquartered in the Northbrook, IL, Hilco Valuation Services is part of Hilco Global (www.hilcoglobal.com) with offices located in key cities around the world and provides services on five continents.
Source: Hilco Global