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Kim Springsteen-Abbott

Chief Executive Officer
Chairman of the Board

Kim brings over 35 years of experience and success in equipment leasing services to Corporate America.

Kim brings over 35 years of experience and success in equipment leasing services to Corporate America.  After taking over Commonwealth in 2006, as CEO and sole-shareholder, Kim began restructuring the company. Under her leadership, Commonwealth has strategically grown its capabilities, entered new equipment market and expanded its geographic footprint.   Since 2007, Kim is proud to be certified woman-owned enterprise, through the Women’s Business Enterprise National Council (WBENC).

Kim is establishing a larger role in the leasing marketplace today.  She drives company revenues with relationships with Fortune 1000 companies nationwide, providing Tier 1 spend to her clients.  Her focus is in the technology, materials handling, medical/lab, construction and industrial equipment sectors.  Commonwealth has developed their leasing services expertise in 22 different industries.

In 2019, Kim launched her own Gryphon Diversity Supplier & Inclusion Program (GDIP), after being a longstanding woman-owned business and certified diversity supplier herself.  Kim has been a speaker and panelist at many industry and firm conferences.  She feels that her commitment to diversity and inclusion has yielded a broader spectrum of ideas and innovation for her firm.  Kim continues to lead Commonwealth to repeated recognition and awards for her leadership and ongoing strong support of diversity and inclusion business entrepreneurs. Commonwealth has been a member in good standing for over 35 years with the Equipment Lease and Finance Association.