Hugh Swandel, of The Alta Group, became President of NEFA, the National Equipment Finance Association, effective January 1.  An active, long-time member of the association, Hugh was previously the Vice President, serving on the Executive Committee.  He replaces Chris Enbom, of Allegiant Partners, who will remain on the Executive Committee as Immediate Past President.

About his new role, Swandel said, "Great Change Brings Great Opportunity —during my career in the leasing and finance industry I have always witnessed incredible gains made by companies that battled hard through tough times and came through the other side leaner and stronger. This is an incredible time of opportunity in our industry and many NEFA member firms are starting to reap the rewards. Our conferences will focus on helping members execute effective strategy that will improve their companies’ current performance and long term value"

Serving with Hugh Swandel and Chris Enbom on NEFA’s 2012 Executive Committee are John Rosenlund, of Portfolio Financial Servicing Company, as Vice President; John Donohue, of Direct Capital Corporation, as Treasurer; and Frank Peretore, of Peretore & Peretore, P.C., as Secretary.