Management Team

The Spruce management team has decades of experience in the consumer finance, renewable energy and software industries.

Chief Executive Officer

Prior to becoming Chief Executive Officer, Steve held the position of Chief Operations Officer overseeing all operational aspects of delivering Spruce’s consumer finance products, services and technology to its customers. Before joining Spruce, Steve served as a Senior Vice President at Discover Financial Services, where he led the student loans business through the integration of The Student Loan Corporation and later oversaw the largest portfolio acquisition in Discover’s history. He also managed the six-fold growth in the deposits business, which became the company’s largest funding source. Prior to Discover, Steve led underwriting and servicing operations for GMAC’s auto insurance business and held operations strategy roles at Capital One. He is an alumnus of McKinsey & Company and Andersen Consulting (now Accenture), where he served a variety of clients in the energy and financial services sectors. Steve graduated from Wesleyan University with a BA in economics and government and holds an MBA from Northwestern’s Kellogg Graduate School of Management.

steve olzewski spruce

Chief Financial Officer

Adam oversees all of Spruce’s capital markets, accounting and control, and corporate finance activities. Previously, he served as the VP of Finance for Spruce and was part of the Finance team at Clean Power Finance prior to its merger with Kilowatt Financial. Before his senior finance and operations roles at Clean Power Finance, Buckfelder was an investment banker at Barclays Capital, where he focused on the power and utilities sector.

Chief Credit Officer

Rob Kottmeier has more than 20 years of experience in credit and risk management leading analyst teams and strategic customer initiatives. Prior to Spuce, Rob was Chief Credit Officer at Breakout Capital, a small business funder, where he developed and implemented their initial credit policy and models. Rob previously served as Chief Credit Officer of GreenSky, where he developed credit policy, pricing and portfolio management strategies to enable significant growth in the company’s loan portfolio. Rob also held a variety of roles in Capital One’s US Credit Card business over a 16-year period including credit risk management, fraud and exposure management, new customer acquisition, product valuation and underwriting across consumer and small business card products. Rob received a BSE in Computer Science from Princeton University and holds an MBA from the Fuqua School of Business at Duke University.


Chief Technology Officer

Arash has over 20 years of experience as a software and technology professional. He joined the company in 2009 and has been chiefly responsible for designing and building the SpruceFlow software platform. Prior to joining Spruce, Arash was the technical lead for the Wikipedia Usability Initiative, which was a project aimed at increasing the usability of Wikipedia for new contributors and reducing barriers to public participation. Arash spent the first 14 years of his career at the biotech company Genentech, where he held a variety of positions in the Corporate Information Technology group, including Software Engineer, Project Manager, and Enterprise Architect, supporting the Manufacturing, R&D, Engineering, and Quality Assurance business units. Prior to that, he studied Physics at the University of California at Davis.