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Emkay celebrates 75 years of establishment – Activities


EMKAY has a long history of being first in the rental industry.  - EMKAY

EMKAY has a long history of being first in the rental industry.

EMKAY

Michael Braude, the first president of EMKAY - EMKAY

Michael Braude, first president of EMKAY

EMKAY

That was on March 29, 1946, EMKAY Car Leasing Co. Inc. start operating from within Midway Chevrolet. Morton Weiss and Sam Katzin, co-owners of Midway Chevrolet, have appointed Sam Katzin’s brother-in-law Michael Braude as president of the new joint venture. At that time, the rental industry was virtually non-existent, with only a few companies offering rentals or long-term rentals. However, the two innovators have conducted a series of events that will see EMKAY grow into a standout player in the soon-to-expand rental industry.

Gary Tepas joined EMKAY in 1978. - EMKAY

Gary Tepas joined EMKAY in 1978.

EMKAY

Under Braude’s direction, the company quickly grew from the small space allocated in the dealership. Katzin and Braude then decided to move EMKAY to their own building and change the name to EMKAY, Inc. . In 1973, Braude and Katzin sold the business to Indiana Capital Corp. led by Samuel Rea. In 1978, Gary Tepas joined EMKAY as Vice President of Sales. Growth throughout the 1980s resulted in the construction of a new headquarters in 1987, with additional additions in 1996, and the purchase of land for future growth in 2003. In 1996, Indiana Capital Corp left, and Gary Tepas were appointed president and CEO of EMKAY. Fast-forward to today, and from its humble beginnings EMKAY currently one of the top 10 fleet management companies in the US

Five Milestones Five Milestones

1939

Midway Chevrolet was founded by Samuel Katzin and Martin Weiss in Chicago

1995 The “First” industry uses “Full server mirroring” and 100% backup with unlimited power
1946 EMKAY Car Leasing Co. Inc. start a business inside Midway Chevrolet; Michael Braude was named President 1996 EMKAY celebrates 50 years; Gary Tepas Appointed President and CEO
1952 EMKAY Car Leasing Co. Inc. moved to its own facility in Chicago and changed its name to EMKAY, Inc. 1997 Industry “First” Offers 100% Customizable Driver’s Manual and Policy
1973 Providing fuel credit cards to rental customers is an industry first 2004 EMKAY acquires AM Leasing Corp.
1978 Gary Tepas joins EMKAY as Vice President of Sales 2006 EMKAY acquires PHD Leasing
1979 Industry “First” to use a network-based computer system 2007 Gary Tepas Appointed President and COO of EMKAY
1980 Gary Tepas Appointed President of EMKAY 2010 Industry “First” CELSIUS desktop utility for fleet administrators; Industry “first” driver app called Driver 360
1982 The “First” sector has a magazine-style annual guide 2011 Industry “First” Fleet Administrator Fleet 360 App; EMKAY buys JPL Canada
1983 The “First” industry gives all employees their own desktop 2012 The “EMKAY Select” Auction/Remarketing App allows buyers to review vehicle history
1985 EMKAY Motors was founded in Schaumburg 2014 EMKAY is the first lessor to implement Automated Integration
1988 EMKAY moves to new Headquarters in Itasca, IL. 2015 Greg DePace Elected President of EMKAY
1989 Industry “First” promotes lower debt-to-equity ratio 2019 EMKAY releases safety-compliant utility app “SafeRoads”
1992 Industry “First” and still only to have “Big Brother” Style Driver Profile System Year 2021 EMKAY 75th Anniversary

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