Loeb Expands its Executive Talent with the Hiring of Greg Andricopulos and Eric Schwartz To Key Positions at Loeb Term Solutions

Loeb Terms Solutions (LTS) The Equipment Term and DIP Lenders, an industry leader in term loans for industrial manufacturing equipment and machinery is continuing to strengthen its executive talent with the hiring of Greg Andricopulos as CFO and Eric Schwartz as CIO & CMO.

Greg was previously the CFO for one of the premier Auction and Appraisal firms in the country.  A certified Turnaround professional with the TMA, he went on to become VP of Finance at a division of Bosch, and VP of Cloud Packaging Solutions. He will now lead the financial aspects of all LOEB Companies.

Eric is a highly experienced technology and digital marketing executive. Before coming to Loeb, he served as a technology leader and executive at several well-known financial trading firms in Chicago.  He has also been an advisor to early stage technology companies.  He will be heading up the digital and information technology areas for all Loeb Companies.

“Greg and I have been in touch for years and years,” said Jim Newman, Loeb Term Solutions Principal and long-time Loeb “Ambassador.”  “My memories of Greg,” Newman continued,  “are of him in the late 1990’s, always balancing everything out after the live auctions.  This image always stayed with me as the picture of person who was totally in control of finances.”

Loeb President Howard Newman had much to praise about Schwartz. “I have been impressed with Eric’s accomplishments in the ever rapidly changing financial trading world for many years,” Newman effused, “as well as in a number of other industries in his efforts to keep firms competitive and at the forefront of technology.”  “With his talents onboard at Loeb,” Newman added, “our technology-forward approach will be used to serve all of our clients’ needs at a never seen before level in this industry.”

Loeb is grateful for the opportunity to bring such successful people to the company and looks forward with excitement to what lies ahead for its team and its clients.

Greg can be reached at: grega@loebequipment.com

Eric can be reached at: erics@loebequipment.com

About Loeb

For five generations since 1880, Loeb has been a trusted provider of reliable equipment and related services that help manufacturing and financial companies leverage their industrial assets. Headquartered in Chicago, we maintain over 150,000 square feet of warehouse space stocked with quality equipment.  Visit us at www.loebequipment.com.