Michael R. Schiller

With a robust career spanning over 30 years, Michael has held executive positions in financial services, management consulting and industrial manufacturing, passing down this knowledge as a highly rated Adjunct Professor at a major university. An entrepreneur, he has founded several successful companies including a joint venture with the U.S. Army. Michael’s experience in the investment and insurance sectors helped forge a solid foundation by which extensive knowledge of a diverse product spectrum matches perfectly with IFC’s services mix: transportation equipment leasing (aircraft, railcars, trailers), tax credit programs, limited partnerships and private placements, pension and defined contribution plans, and mezzanine financing. Throughout his career, Mr. Schiller has been the recipient of many awards and promotions in both his business and military life. He has served as a National Staff Officer with the U.S. Coast Guard Auxiliary including serving as Flight Operations Officer and as a Pilot flying patrols over the New York City metropolitan area. Previously, Michael served overseas with the United States Marine Corps where he quickly rose through the ranks to become Department Supervisor with special assignments with original equipment manufacturers and the U.S. Naval Surface Warfare Center, all with a Secret Security clearance. Mr. Schiller has earned a M.Sc. degree in Management and Policy as well as a B.Sc. in Business Finance, all with honors. He is a graduate of the NYPD Citizens Police Academy and advanced pilot training at FAA Headquarters and Naval Air Station Jacksonville. Mr. Mannino structured asset-backed commercial paper with Wall Street investors and syndicated over $200M in commercial aircraft and business jet leases and $100M for municipal equipment and vehicles leases. He developed loan and credit enhancement programs for GE Capital, ITT Commercial Finance, United Companies and other non-depository financial institutions. Mr. Mannino was the Treasurer of the Pennsylvania Financial Services Association for 12 years and served on the Board of Directors since 1988 and remains Director Emeritus. He was a registered lobbyist for the financial services and mortgage industry; he is still closely associated with top officials at department of banking and other governmental agencies and maintains many friends in the House, Congress, and Senate at State and Federal levels. In 1997, Mr. Mannino co-founded the National Charities Benefit Foundation, Inc., a 501(c) (3) non-profit all-volunteer organization which continues to provide funding to local and national charities through the sale of in-kind donations. He is a life-long resident of State College, PA. Mr., Mannino serves on many volunteer boards and served as a two term president of the State College High School Alumni Association. In 1977 he was president of the State College Area Jaycees and director of the Nittany Sunrise Kiwanis Club. He has been an active member the Chamber of Business and Industry since 1972. Sam is also an advisory board member of the State College Salvation Army.