{"id":24517,"date":"2025-08-28T15:18:41","date_gmt":"2025-08-28T22:18:41","guid":{"rendered":"https:\/\/www.tmcfinancing.com\/?p=24517"},"modified":"2025-09-02T12:26:24","modified_gmt":"2025-09-02T19:26:24","slug":"omar-salah-appointed-president-and-ceo","status":"publish","type":"post","link":"https:\/\/www.tmcfinancing.com\/es\/omar-salah-appointed-president-and-ceo\/","title":{"rendered":"Barbara Morrison, Founder of TMC Financing, Retiring after 45 Years"},"content":{"rendered":"<p><strong>FOR IMMEDIATE RELEASE<\/strong><\/p>\n<p><strong>Oakland, CA, August 28<sup>th<\/sup> \u00a02025\u00a0<\/strong>\u2013\u2013 <a href=\"https:\/\/www.tmcfinancing.com\/es\/\" target=\"_blank\" rel=\"noopener\">Financiamiento TMC<\/a> proudly announces a new chapter in its leadership. After 45 years, TMC Financing Founder Barbara Morrison is retiring. Omar Salah has been appointed President and CEO, and will start October 6, 2025.<\/p>\n<p>Barbara Morrison, a Bay Area small business advocate and civic leader, founded TMC Financing in 1981 and has led the organization to become the nation\u2019s largest Certified Development Company (CDC). Under her leadership, TMC has provided over $16 billion in SBA 504 commercial real estate loans to more than 8,000 small businesses, helping create an estimated 78,000 jobs across California, Nevada, Arizona, Oregon, and Hawaii. Morrison also founded Working Solutions and TMC Community Capital, expanding access to capital for underserved entrepreneurs.<\/p>\n<p>\u201cBarbara is truly an icon in the SBA 504 community,\u201d said DJ Kurtze, TMC Financing Board Chair. \u201cHer vision, tenacity, and unwavering commitment to small businesses have shaped not only TMC, but the entire industry. We are deeply grateful for her decades of leadership and the legacy she leaves behind.\u201d<\/p>\n<p>\u201cI am incredibly proud of what TMC has accomplished and the extraordinary team that made it possible,\u201d said Morrison. \u201cTogether, we\u2019ve built an organization that drives small business job creation and economic growth. I\u2019m confident that TMC will continue to thrive under Omar\u2019s leadership.\u201d<\/p>\n<p>Omar Salah brings more than two decades of experience in banking, entrepreneurship, and innovation to his new role. He most recently served as Executive Vice President and National Director of Small Business Banking at Comerica Bank, where he was a member of the senior leadership team. During his tenure at Comerica, Salah launched several groundbreaking initiatives, including the company\u2019s first small business digital lending program, Zelle for Small Business, and award-winning treasury packages. Previously, Salah served as Managing Director and Head of Small Business Banking at MUFG Union Bank. He led the creation of a new Small Business Banking organization, introduced automated lending, and directed the bank\u2019s PPP rollout.<\/p>\n<p>Salah holds a doctorate from the University of Southern California, where his research focused on human performance improvement and organizational trust. He also earned an MBA from UC Irvine and a bachelor\u2019s degree from Cal State San Marcos. A recognized industry leader and frequent public speaker, Salah serves as a volunteer with several community-based organizations.<\/p>\n<p>\u201cOmar brings a rare blend of strategic vision, operational excellence, and a deep commitment to small business success,\u201d said Kurtze. \u201cHis leadership experience and innovative mindset make him the ideal person to build on Barbara Morrison\u2019s legacy and lead TMC into its next era.\u201d<\/p>\n<p><a href=\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/08\/OmarSalahHeadshot.webp\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-24518\" src=\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/08\/OmarSalahHeadshot-150x150.webp\" alt=\"\" width=\"123\" height=\"123\" srcset=\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/08\/OmarSalahHeadshot-150x150.webp 150w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/08\/OmarSalahHeadshot-300x300.webp 300w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/08\/OmarSalahHeadshot-1024x1024.webp 1024w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/08\/OmarSalahHeadshot-768x768.webp 768w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/08\/OmarSalahHeadshot-400x400.webp 400w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/08\/OmarSalahHeadshot-1536x1536.webp 1536w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/08\/OmarSalahHeadshot-2048x2048.webp 2048w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/08\/OmarSalahHeadshot-12x12.webp 12w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/08\/OmarSalahHeadshot-320x320.webp 320w\" sizes=\"auto, (max-width: 123px) 100vw, 123px\" \/><\/a>\u201cI\u2019m honored to join TMC and lead an organization that has empowered thousands of small businesses to grow and thrive,\u201d said Salah. \u201cI look forward to working with our dedicated team and partners to expand access to capital and opportunity for entrepreneurs across TMC\u2019s footprint.\u201d<\/p>\n<p>Kate Shattuck and Michael Givner of Korn Ferry conducted a national executive search to identify the next leader of TMC Financing. \u201cWe are deeply grateful to Kate and Michael for their professionalism, insight, and dedication throughout this process,\u201d said Kurtze. \u201cTheir thoughtful approach helped us find a leader who is not only highly qualified but also deeply aligned with TMC\u2019s mission, vision and values.<\/p>\n<p><strong>Acerca de la financiaci\u00f3n de TMC<\/strong><\/p>\n<p><a href=\"https:\/\/www.tmcfinancing.com\/es\/\" target=\"_blank\" rel=\"noopener\">Financiamiento TMC<\/a> is a nonprofit 501(c)(4) Certified Development Company (CDC) with a mission to promote economic development and job creation by helping small businesses access affordable financing. Since its founding in 1981, TMC has provided approximately $16 billion in SBA 504 commercial real estate financing to over 8,000 small businesses across Arizona, California, Hawaii, Nevada, and Oregon. These efforts have helped create more than 63,000 jobs. TMC is recognized as the #1 SBA 504 lender in the nation, offering long-term, fixed-rate financing that empowers small business owners to purchase, construct or refinance real estate and major fixed assets to grow their operations.<\/p>","protected":false},"excerpt":{"rendered":"<p>FOR IMMEDIATE RELEASE Oakland, CA, August 28th \u00a02025\u00a0\u2013\u2013 TMC Financing proudly announces a new chapter in its leadership. After 45 years, TMC Financing Founder Barbara Morrison is retiring. Omar Salah&#8230;<\/p>","protected":false},"author":29,"featured_media":18735,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[25,185,89],"tags":[8939,8940,8824,8941,369,8825],"class_list":["post-24517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-updates","category-riverside","category-tmc","tag-announcement","tag-new-ceo","tag-new-staff","tag-president","tag-small-business","tag-welcome"],"acf":{"hide_blog_sidebar":false,"related_posts":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.3 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>TMC Financing Announces New Leadership: Omar Salah Appointed President and CEOBarbara Morrison, Founder of TMC Financing, Retiring after 45 Years | TMC Financing<\/title>\n<meta name=\"description\" content=\"TMC Financing proudly announces a new chapter in its leadership. 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