Vision Financial Group promotes William Summers to CEO
Vision Financial Group Inc., a privately held independent equipment leasing and finance company, promoted William P. Summers to CEO.
Summers succeeds Frederick S. Summers, his father and founder of VFG, who will continue his role as chairman of the company.
William Summers joined the company in 1993 after an honorable discharge from the U.S. Army. He was an early investor in the business starting in 1994 and has held a variety of positions along the way. He holds a Bachelor of Science from the University of Pittsburgh and an MBA from the Moore School of Business at the University of South Carolina.
“It is an honor to lead VFG as we plan for continued profitability and sustainable growth,” Summers says. “In 2018, we significantly expanded our funding capabilities, achieved our highest gross revenues in the history of the company and grew the business by close to 33 percent. I have tremendous faith in what our team can do as they continue to meet and exceed our very capable management team’s expectations. We enjoy bringing true value to our customers, vendor partners, investors and stakeholders while having a positive impact on those whose lives we touch.”
*Featured photo: iStock.com/arthobbit