Leasing Leader Robert Krause Joins Alta
Leasing Leader Robert Krause Joins The Alta Group,
Enhancing Services to Independent Companies in Challenging Times
Media Contact
Susan Carol: 540-361-1274
Email: sca@scapr.com
LAKE TAHOE, NEV., Sept. 25, 2008--The Alta Group, the only global provider of specialized consulting services exclusively focused on equipment leasing and finance, today announced the recruitment of Robert Krause, a powerhouse in the North American leasing industry, as its newest associate.
Krause was formerly senior vice president of Sterling National Bank in New York City until his retirement from that company in June. It was a short-lived retirement, as Krause is now devoting his drive, knowledge, and industry connections to helping Alta clients.
"Bob truly is an icon in the industry who brings an enormous amount of energy to his work," said John C. Deane, managing principal of The Alta Group. "His work for Alta will focus on developing opportunities for independent companies through improved due diligence, operations reviews, access to funding sources, and other services."
Krause joins Alta at a critical time for the US economy.
"Many companies are concerned about the credit crunch and gaining access to capital. I have spent years helping independent companies find funding, and this will be an important part of what I do for Alta clients," Krause said. "I really enjoy meeting challenges and watching companies succeed in the industry."
Krause is a life-long New Yorker. He began his 45-year financial services career at Standard Financial Corporation, later worked for a Rothschild banking group affiliate, and then served as a founder and president of Northern Financial Corporation, which was purchased by Aetna in the 1970s and became Aetna Business Credit. He then held key positions for Todd Equipment Finance, and Granat Leasing. Krause's career at Sterling began in 1993.
A tireless advocate for the leasing industry, Krause was an early board member of the Equipment Leasing and Finance Association (ELFA). He was founder and first president of the Eastern Association of Equipment Lessors (EAEL), which recently honored him with its Lifetime Achievement Award. Alison Pryor, executive director of EAEL, said Krause was recognized for his "years of leadership, ethical treatment of employees and customers, and significant contributions to the leasing industry and EAEL."
About Alta
The Alta Group is a global consultancy serving equipment leasing and finance companies, investment professionals, manufacturers, banks, and government organizations. Founded in 1992, The Alta Group supports clients in North America; Latin America; Western, Central and Eastern Europe; Australia; and China.
For more information, please visit http://www.thealtagroup.com.
