Business
TMC Financing Announces New Leadership: Omar Salah Appointed President and CEO
TMC Financing proudly announces a new chapter in its leadership. Omar Salah has been appointed President and CEO, succeeding founder Barbara Morrison.
About this update from Tmc The Metals Company Inc.
[{"type":"text","content":"OAKLAND, Calif., Aug. 28, 2025 /PRNewswire/ -- TMC Financing proudly announces a new chapter in its leadership. Omar Salah has been appointed President and CEO, succeeding founder Barbara Morrison.","length":197,"tagName":"p"},{"type":"image","alt":"Omar Salah","displaySize":"","headline":null,"caption":"Omar Salah","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/e101d827d50f26ce3cf177bdf4e9d2f2"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ocHW_2MMJHt_ac64OdPqvg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/e101d827d50f26ce3cf177bdf4e9d2f2","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/2760662/Omar_Salah_jpe.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"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's 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.","length":556,"tagName":"p"},{"type":"text","content":""Barbara is truly an icon in the SBA 504 community," said DJ Kurtze, TMC Financing Board Chair. "Her 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."","length":323,"tagName":"p"},{"type":"text","content":""I am incredibly proud of what TMC has accomplished and the extraordinary team that made it possible," said Morrison. "Together, we've built an organization that drives small business job creation and economic growth. I'm confident that TMC will continue to thrive under Omar's leadership."","length":322,"tagName":"p"},{"type":"text","content":"Omar Salah brings more than two decades of experience in banking, entrepreneurship, and innovation to his new role. He most recently served as Execu...