Howard Newman - President of Loeb in Chicago
Based in Chicago, Howard Newman serves as president of Loeb. He represents the fifth generation of a 140-year-old company that assesses, buys, sells, auctions, and liquidates used packaging and processing machinery with companies spanning food, chemicals, drugs, and cosmetics verticals. Howard Newman’s core responsibilities involve appraising equipment, and he oversees targeted marketing efforts that bring machinery and entire plants to successful sale and auction.
Mr. Newman is frequently called upon to provide opinions and insight into equipment values, useful life, and marketability. Having served as an expert witness in court proceedings, he testified as part of the $780 million Le-Nature’s fraud and bankruptcy case. This represented the manufacturing industry’s largest single fraud investigation to date.
A licensed auctioneer, Mr. Newman holds Senior ASA designation through the American Society of Appraisers (ASA). He is also qualified as a Certified Equipment Appraiser (CEA) through the Association of Machinery and Equipment Appraisers (AMEA), and his firm is active with organizations such as the Machinery Dealers National Association. Howard Newman is an avid traveler whose journeys have spanned all 50 states and countries including Turkey and Sweden.

Howard Newman
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Howard NewmanChicago, IL US