Ray Specht is a profit-focused executive with 40+ years of experience creating and developing exceptional customer-focused organizations, as well as turning around underperforming entities. During his career he has served as President and CEO for three start-up banks, including Toyota Financial Savings Bank, Volkswagen Bank USA, and Wright Express Financial Services, a subsidiary of Cendant. Most recently he was Vice Chairman of Toyota Financial Savings Bank and created the Government Affairs function for Toyota Financial Services providing strategic guidance on federal & state legislation and other issues.

He provides strategic consulting for industrial banks and industrial banks in formation working with the parent company, FDIC and state regulators during the application process.

In addition, he provides executive coaching through LHH. In addition to a strong financial acumen, Ray offers expertise in developing business start-ups, strategic planning, designing organizational infrastructures, executive coaching and building high-performing teams. Certified Executive Coach for LHH and MRG Leadership 360.

Ray obtained his M.A. in Strategic Planning & Communications with high honors from Seton Hall University in South Orange, New Jersey, and graduated magna cum laude from the University of Massachusetts, Lowell, with a B.S. in Accounting. He has served on the boards of numerous professional associations including the Nevada Governor’s Economic Office of Development Board, Nevada Bankers Association Board, the Conference of State Bank Supervisors Advisory Board, Las Vegas Global Economic Alliance Board, and was the founding president of the National Association of Industrial Bankers. Ray’s commitment to service-oriented leadership is evidenced by his extensive involvement with a variety of community nonprofit organizations. With a passion for education, he is a part-time professor in Nevada State College’s management program and Chair of Communities in Schools Nevada.. He helped create a mentoring program pairing senior business executives with education leaders for the Clark County School District. Ray resides in Las Vegas with his wife, children and grandchildren.