ELFA Elects New Board and Officers for 2027
The leadership change impacts the 600 companies operating within the $1.5 trillion U.S. equipment finance sector.
Updated on Oct. 27, 2026 in People
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The Equipment Leasing & Finance Association has confirmed its 2027 board and officers following a vote by its general membership. The new leadership will guide the organization, which represents over 600 companies across the $1.5 trillion U.S. equipment finance industry.
Why it matters
This board transition provides governance stability for the trade group as it manages advocacy and policy standards for the massive equipment finance market. The new leadership will oversee the strategic direction of the association throughout 2027.
The Equipment Leasing & Finance Association represents over 600 member firms within a $1.5 trillion U.S. equipment finance industry. The new board slate was confirmed following a formal vote by the general membership.
The players
Nathan Gibbons
The Chief Experience Officer at QuickFi who will serve as the 2027 Board Chair for the association.
Kirk Phillips
The President and CEO of Wintrust Asset Finance, Inc. who joins the leadership cohort for 2027.
Equipment Leasing & Finance Association
The primary trade organization representing more than 600 companies within the $1.5 trillion U.S. equipment finance market.
The details
The new board structure follows a recommendation process managed by the ELFA Nominating Committee. The elected board and officers will hold their positions for the duration of 2027 to govern the association, which acts as a central hub for standards and advocacy for companies providing equipment funding to U.S. businesses.
Timeline
October 27, 2026: The association officially announced the incoming 2027 board and officers.
2027: The full duration of the newly elected board term.
Market Landscape
The board election follows the established governance pattern set by the ELFA Nominating Committee to transition leadership annually. This cycle ensures the association maintains continuous oversight of the $1.5 trillion equipment finance sector's legislative and regulatory interests.
Operators in the equipment finance sector should monitor the association's 2027 policy agenda for shifts in advocacy priorities or compliance standards. Changes at the board level often signal new strategic focuses regarding member services and regulatory engagement for the coming fiscal year.
The takeaway
The election of Nathan Gibbons as Board Chair marks a new chapter for the association's governance of the equipment finance market. Operators should watch for the association's upcoming 2027 strategy documents to identify potential changes in advocacy priorities for the sector.
Further reading
For more on industry leadership and organizational shifts, visit People.
Source note: This article includes information reported by The Manila times.
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