Steve Renaker – Vice President, Business Development

Steve Renaker is the Vice President of Business Development for Value Recovery Group (“VRG”) and Global Recovery Group (collectively, the “Companies”).  Mr. Renaker leads the Companies in developing domestic and international partnerships with banks and corporations, who require asset management, receivership, and debt recovery assistance on commercial obligations. Mr. Renaker also promotes growth of the VRG-developed OhioMeansJobs Workforce Development Revolving Loan Program with higher education institutions throughout the State of Ohio, and promotes the expansion of this model to other states. 

Prior to VRG, Mr. Renaker served as Vice President and President of various golf management companies, including Golf Enterprises, Shaker Golf, and Tartan Golf and Management. Mr. Renaker oversaw portfolios that included forty public and private facilities, which generated over $30 million dollars in revenue, carried $24 million in expenses, required $5 million in Capital Improvements, and led staffs of up to 500 individuals. Mr. Renaker was successful in instilling a culture of service and principled leadership in these pursuits and developed the management guides “The Nine Impressions of Customer Service” and “Hiring the Right People”.  These talents translate to management consulting needs for businesses in receivership or in a workout mode.

Mr. Renaker started his business career in a corporate role as Aftermarket Sales Manager for a Division of Purolator Inc., which generated over $25 million in US sales as well as $10 million internationally.

Taylor University (Indiana), Bachelors of Arts in Business Administration