Taycor Financial announced today the appointment of Michael Hong, currently Vice President of Business Development, as its new President. Hong replaces Bob Skibinski, the original founder and owner of Taycor, who will continue on as Chairman in an advisory and mentorship role.
Bob Skibinski has been President and CEO since 1997, when he founded the company. During his long and distinguished tenure, Skibinski has lead the company through a sustained period of tremendous growth and success in both the way they service their customers and vendor partners, but also in the nationwide reputation of the firm.
“It has been a pleasure growing the company to where it is today,” Skibinski said. “It has been an exciting journey. I will always value the relationships and friendships I have made with our lending network, equipment leasing peer community, vendor partners, and countless customers over the many years.”
Among other noteworthy achievements, Skibinski’s legacy includes navigation of the company during times of growth, Taycor made the INC 500 list of America’s fastest growing private companies as well as incredible resolve and artful management in weathering tougher economic climates.
Michael Hong began his career in equipment leasing and financing in 2001 as a Marketing Manager for an east coast company. Hong transitioned and gained experience through multiple roles at the company finally serving as VP of Business Development before moving to the west coast. He joined the Taycor family in 2011, and has been responsible in recent years for the company’s development initiatives in providing a more streamlined customer experience as well as the overall growth of the organization.
“It is an honor to assume the role as President,” said Hong. “Taycor is an amazing company with a powerful mission and passionate culture. I am excited to be a part of a talented team of professionals that work together in collaboration with the small and medium sized business community. Bob Skibinski has been an incredible teacher and mentor, and I will strive to continue his tradition of excellence.”
“I believe that Michael Hong’s leadership, and many years of trackable success and innovation, will benefit the company through this next phase of growth and evolution,” said Skibinski. “He has a solid record of success and achievement, and is the right leader to ensure that Taycor remains a nationwide leader in the equipment leasing industry, now and well into the future.”
Founded in 1997, with offices in Los Angeles CA and Boston MA, Taycor Financial is a fiscally sound and economically responsible nationwide provider of equipment leasing and financing to the business community. Taycor has also joined the ranks of America’s top businesses, establishing itself as one of the premier equipment financing companies in the U.S.