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RCF Salvage is pleased to announce the addition of Jeff Cassidy as Vice President of Business Development.  Jeff has over 30 years’ experience in the insurance salvage industry and brings a dynamic presence to RCF through his energy, leadership and nationwide relationships.  Jeff will be based in RCF’s corporate office in Schaumburg, IL.      

About RCF Salvage

Serving the Commercial Property Insurance Industry through adjusters, risk managers and attorneys.

  • World Class Management Team
  • Industry Professionals You Have Trusted for Over 30 Years
  • Nationwide Service with 12 Offices Strategically Located
  • Financial Strength and a Full Complement of Insurance Coverages

In addition, we continue to appraise and sell damaged merchandise, commodities, and equipment, including IT. Our experience in commodities includes corn, wheat, peanuts, cotton, cottonseed, woodpole, metals including steel, aluminum and zinc.

Our hands on Executive Management Team is comprised of the top names in the commercial property salvage industry:

  • Mark M. Ruddy - Chief Executive Officer (view bio)
  • Thomas E. Cassidy - President (view bio)
  • Deane Merry - Executive Vice President (view bio)
  • Kevin T. Dause - Chief Financial Officer (view bio)
  • Thomas A Richmann, Vice President of West Coast Operations (view bio)
  • Jeff Cassidy, Vice-President Business Development (view bio)
  • Mark M. Ruddy, Chief Executive Officer (Founding Partner) - Over 35 years of Commercial Property Salvage Experience. Experience in the New York and Chicago markets, as well as other states and foreign countries. Married with two grown children. Graduate of Bowling Green University with degrees in Management and Marketing. Multiple workshop instructor for the Property Loss Research Bureau, and a Member of Loss Executive Association.

  • Thomas E. Cassidy, President (Founding Partner) - Over 30 years experience in Commercial Property Salvage Industry, in a variety of field and management positions. Extensive experience in handling multi-million dollar distressed stocks, both domestically and internationally with many individual sales over $1,000,000 as well as handling diverse and complicated loss of damage assignments. Catastrophe Manager on major events throughout the USA and on International losses including September 11th Attacks, Hurricane Andrew, and Hurricane Katrina. Bachelor of Science Degree in Business Administration from Eureka College.

  • Deane Merry, Executive Vice President (Founding Partner) - Over 31 years in the Commercial Salvage Industry, mostly in the New York, New Jersey Metro area. Has handled a stock loss claimed over 100 million dollars, as well as several salvage sales exceeding a million dollars. Extensive experience in the ever challenging New York commercial markets, including September 11th attacks, as well as Hurricanes over the last quarter century. Married with four children. Bachelor of Arts in Business Administration from Gettysburg College in Pennsylvania.

  • Kevin T. Dause, Chief Financial Officer (Founding Partner) - Over 25 years experience in Commercial Property Salvage Industry in a variety of field and management positions. Extensive experience in handling multi-million dollar distressed stocks both domestically and internationally with many individual sales over $1,000,000. Residence in Chicago area for over 25 years. Married with two children. Bachelor of Science in Finance from the University of Detroit and MBA in Finance from Michigan State University.

  • Thomas A Richmann, Vice President of West Coast Operations - 32 years of experience in the Commercial Property Salvage Industry. 28 years in the West and Northwest markets managing and working property losses of all sizes. Extensive experience at working catastrophes throughout the nation as well as being involved with several international catastrophes. Married with 3 children. Residence in the San Francisco Bay Area for 25 years. Bachelor of Science degree in Administration of Justice from Southern Illinois University.

  • Jeff Cassidy, Vice-President Business Development - Over 30 years’ experience in Commercial Property Salvage Industry in a variety of field and management positions. Extensive experience (18yrs) in the purchasing of multi-million dollar distressed stocks. Residence in Chicago area for over 20 years. Married with three children. Bachelor of Science in Physical Education from Eureka College.