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News & Press: NVLA News

Bowdler Earns Clemens-Pender Lessor of the Year Award

Tuesday, April 24, 2018   (0 Comments)
Posted by: Mike Mathy
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Bowdler Earns Clemens-Pender Lessor of the Year Award

 

Menomonee Falls, Wis.Terry Bowdler, CVLE received the 2018 Clemens-Pender Lessor of the Year Award from the National Vehicle Leasing Association (NVLA) at the 2018 NVLA Annual Conference in La Jolla.

 

Bowdler has been in the consumer vehicle leasing industry for 40 years and has been a lessor for over 30 years. He served on the NVLA board of directors for over 15 years and held many NVLA positions, including National Legal and Legislative committee chair. Bowdler completed the Certified Vehicle Leasing Executive program in 1998 and introduced the Lease Here Pay Here division at NVLA in 2012.

 

2017 Clemens-Pender Lessor of the Year Award PJ McMahon, CVLE presented the award and called Bowdler the embodiment of the values NVLA promotes.

 

“Terry is the best example of NVLA’s value proposition – he is all about relationships and giving back to the independent vehicle leasing community,” said McMahon, Vice President of Philadelphia-based McMahon Automotive Group. “Terry was an incredible asset on the NVLA board of directors and his straightforward, honest feedback was instrumental in helping the organization recover from the Great Recession.”

 

Bowdler is founder and CEO of LHPH Capital in San Diego. Founded in 2010, LHPH originated over $100 million in deep subprime lease receivables with Carite and Brite Leasing. LHPH Capital currently provides over $20 million of funding for LHPH and BHPH dealers throughout the United States. Bowdler previously established Credit Union Leasing of America in 1988, and originated over $2.5 billion in credit union funded leases before selling to Westlake Financial Services in 2017.

 

The Clemens-Pender Lessor of the Year Award was founded in 1977 and is the highest honor to be awarded by NVLA. The award was established to memorialize two pioneers of the vehicle leasing industry, Frank Pender and Jack Clemens, who were dedicated, hard-working vehicle lessors who exemplified the highest standards of professional conduct. Frank Pender and Jack Clemens were instrumental in developing the leasing organizations in California that formed the early roots of NVLA.

 

The Clemens-Pender Lessor of the Year Award is voted on by the NVLA Executive Committee and past winners of the award. The winner is based on four categories of achievement: the number of nominations each candidate receives; service to the association; service to the industry; service to the local community; and the votes of the committee members themselves. 

 

Founded in 1968, NVLA provides educational opportunities, promotes responsible legislation and communicates with members regarding developments and trends in vehicle leasing. NVLA promotes the leasing concept while encouraging the highest ethical and professional standards. Membership is made up of independent leasing companies, automobile dealerships, banks, credit unions and suppliers of goods and services to lessors.

 

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