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Howard Newman, ASA, CEA
President
(773) 451-3662
howardn@loebequipment.com
Howard is president and the fifth generation of the Newman family leadership at Loeb. He has over 20 years of experience in equipment purchases and sales, appraisals, auctions, and liquidations with advanced expertise in the food, pharmaceutical, cosmetic, and chemical industries. Howard attended the University of Delaware majoring in Business Management. He earned the designation of Accredited Senior Appraiser as administered by the American Society of Appraisers (ASA) as well as being a Certified Equipment Appraiser (CEA) as administered by the Association of Machinery and Equipment Appraisers (AMEA) and is a licensed auctioneer.
View Howard's Complete Bio ›
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Jim Newman
Principal, Loeb Term Solutions & Ambassador, Loeb
(773) 496-5720
jimn@loebtermsolutions.com
As former president of Loeb, Jim continues to lead the efforts of Loeb's financial affiliates as a Principal of Loeb Term Solutions. Having lead the company for over 30 years, he is proud to have been the fourth generation in the family business but is even more proud of his son, Howard, and the job he's doing as the fifth generation. Jim holds a BA in Industrial Management and Mechanical Engineering from Purdue University and has previously held professional certifications from the Association of Machinery and Equipment Appraisers (AMEA), the American Society of Appraisers (ASA) and the Equipment Appraisers Association of North America (EAANA). He has served on the board and held several officers positions with the Machinery Dealers National Association (MDNA), AMEA and EAANA.
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Andy King
Executive Vice President, Originations
(773) 496-5739
andyk@loebtermsolutions.com
Andy brings over 16 years' experience as an accomplished senior bank executive with significant experience as a middle market commercial banking officer. Previously at PrivateBank working with their special assets group and most recently with First Midwest Bank, Andy has focused on lending to finance companies, leasing companies, and collateral lenders. He joins the organization as the Executive Vice President, Originations focusing on expanding the company's equipment-based lending portfolio, as well as, appraisal, auction, and off-lease remarketing services. Andy resides in Glenview with his family where he enjoys coaching his children, golf, hiking, and fishing.
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Charles Winternitz, CEA, CSA
President, Loeb Winternitz Industrial Auctioneers
(773) 496-5740
charlesw@loebwinternitz.com
Charles is a fourth generation appraiser and auctioneer. A graduate of the University of Iowa, he holds a Bachelor of the Arts Degree. He is a certified equipment appraiser and Immediate Past President and Board of Director of the Association of Machinery and Equipment Appraisers (AMEA). Additionally, Charles sits on the Board of Directors and is an Executive Officer of the Machinery Dealers National Association, and Past Officer and Board of Director of the Industrial Auctioneers Association. Charles is an Associate Appraiser with the American Society of Appraisers, a member of the Turnaround Management Association and the American Bankruptcy Institute, as well as other state and regional trade associations. He has been an active Board Member on several other private companies and charitable associations.
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John Hagist
Controller, VP Appraisal Services
(773) 496-5744
johnh@loebequipment.com
Prior to joining Loeb in 2001, John had over 14 years of prior finance experience within the manufacturing industry having previously worked for companies in packaging services. In his current role as Vice President, he manages the day-to-day efforts of Loeb's Appraisal division. John holds a BA from Hamilton College.
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Sara Bogin
Marketing Director
(773) 496-5707
sarab@loebequipment.com
Sara joined the company in 2008 to manage the marketing operations. Prior to joining Loeb, she spent 10 years marketing service products within the corporate aviation industry. Sara holds a BA from Columbia College Chicago and is an active member of the American Marketing Association.
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Tim Serritella
Vice President, Business Development
(773) 496-5737
tims@loebtermsolutions.com
Tim is a seasoned business professional with over two decades of success providing financial and management solutions to business owners and senior management. Having previously worked in banking and turnaround, Tim entered the asset disposition industry in 2012 where he focused on sourcing asset disposition and bridge loan opportunities for a Midwest based machinery dealer and auctioneer. He is a committee member for the TMA and CFA and is active in the ACG and MBBI. Tim has also been active in Rotary International for twenty five years and is currently a Board Member of the Rotary Club of Crystal Lake DawnBreakers.
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Joseph Upson
Business Development
(773) 496-5743
joeu@loebtermsolutions.com
Joseph Upson brings over 26 years' experience in the corporate leasing and financing industry to Loeb. Joe will be working in business development for the company focusing on promoting the financial services of the company, namely the asset-based lending products offered by Loeb Term Solutions. He was a co-founder and Principal in CompanionWay Capital, a senior secured lender focused on the middle market sector, as well as Commenda Capital, a broker dealer focused on advisory work for small to middle sized companies. He is a graduate of the University of Georgia with a Bachelor of Business Administration in Finance and is active with the Turnaround Management Association, the Commercial Finance Association and the Association for Corporate Growth.
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Eric Grozenski
Business Development
(773) 496-5728
ericg@loebtermsolutions.com
Eric is a new addition to the Loeb family, bringing over 5 years of experience in Asset Based Lending and Factoring. As a Business Development Officer within the Loeb Term Solutions group, Eric will be working with financial institutions to provide equipment based products designed to help industrial manufacturers through various business cycles. Eric is a graduate of Ferris State University and holds a BA in Finance.
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George Konwent
Shop Manager
(773) 496-5730
georgek@loebequipment.com
George joined Loeb in 1994 bringing with him over 35 years of experience in equipment services. In his position as manager of Loeb's equipment shop, George oversees the set-up and reconditioning of all the equipment Loeb purchases and sells.
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