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James E. Hershberger
As a business consultant during 2005, he assisted a company in preparing a package for presentation to corporate investors and co-wrote two business articles for the Monitor. Formerly vice president and trustee for the Valley Cottage Library, he is a member of Friends of the Nyacks, the Valley Cottage Civic Association, the Valley Cottage Library Association and Edward Hopper House Art Center. Prior to retiring from Citigroup in 2001, and before he formed Hook Mountain Consulting, Jim was a vice president in the product development unit of CitiCapital Bankers Leasing, a unit providing corporate clients with customized financial solutions to needs for intermediate term capital. These solutions include leases which provide clients with favorable economics and optimize the value of tax benefits. Jim had twenty-nine years of diversified financial experience at Citigroup, a global financial institution, including nineteen in the leasing field. His leasing career encompassed developing target markets, executing marketing plans, structuring and winning deals, negotiating documentation, obtaining credit approval, and managing a credit portfolio. Before entering leasing, Jim was a vice president in Citibank’s North American Banking Group where he managed all aspects of corporate relationships. Prior to joining Citigroup, he was a bank examiner with the FDIC and before that, an officer in the United States Army. Jim earned an MBA degree in corporate finance from New York University and a BS degree in business administration and economics from Northland College. He is married with three grownup children and lives in Valley Cottage, New York. His wife Mary and he founded and managed Sunrise Ambulette, Inc., a successful company which they eventually sold. A former member of the Planning Board of Clarkstown, New York, he was a consumer representative on the Hudson Valley Health System Agency. While president of a local civic association which he co-founded, he became a community spokesman on land use, with some of his recommendations being incorporated into the Clarkstown Development Plan.
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