We send our heartfelt condolences to the family of Mr. Herb Crosby, an Albuquerque businessman who sat on The Loan Fund’s Board of Directors. Mr. Crosby, who formerly served as board chair and was recently elected as vice chair in December, passed into the spirit world on January 13, 2024. He had been part of our organization for nearly two decades.
As an astute entrepreneur and president and CEO of Avtec, Inc., a management consulting and training firm, Mr. Crosby’s legacy is one of outstanding contributions to both the community and the business world. He served on several boards and was an adviser for many organizations, including the Black Chamber of Commerce of New Mexico.
As we mourn the loss of one of our leaders, we remember his dedication and generous spirit, a kindness that made an impact even on those who briefly met him.
President/CEO F. Leroy Pacheco said Mr. Crosby will always remember his for leadership and charisma.
“When asked for help, he would always reply, ‘When and how can I help?’ Pacheco said. “New Mexico has lost a true champion of social justice.”