Industry News: Personnel News
Key Equipment Finance Promotes David Lempko To Senior Vice President And Business Bank Sales Director
SUPERIOR, Colo. – Nov. 19, 2012 – Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today announced it has promoted David Lempko to senior vice president and business bank sales director. In this new role, which begins Jan. 1, Lempko will manage a team of leasing managers on the business banking team and will have responsibility for business bank production.
“Dave has been a high performer for Key Bank since he joined the company as a branch manager in 2007,” said Peter K. Bullen, senior vice president and national sales manager for Key Equipment Finance. “From that position he transitioned to Key Equipment Finance and became a top performer in our business bank segment, where he has become known for his exemplary sales process, deep bank relationships and leadership among his peers.”
Prior to joining Key in 2007, Lempko worked for Automatic Data Processing where he held positions of increasing responsibility with a final role as financial services manager responsible for a large team and thousands of clients. Previously, Lempko held a sales management role at AT&T Capital Corp. He began his sales career at Executive Leasing Inc. as a direct equipment lease originator.
Lempko has a bachelor’s degree in business administration from Clarion University of Pennsylvania.
About Key Equipment Finance
Key Equipment Finance is one of the largest bank-based equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities. Through its vendor services unit, equipment finance programs are developed for manufacturers, distributors and resellers in the U.S., Canada and Europe. Key Equipment Finance also provides lease capital markets support for corporations looking to optimize risk and revenue.
Headquartered outside Denver, Colorado, Key Equipment Finance manages $8 billion in assets and originates over $3 billion of equipment financing annually. The company has management and operations bases in Albany, New York; London, England; Frankfurt, Germany; Madrid, Spain; Milan, Italy; Paris, France and Toronto, Canada. The company, which supports clients in over 30 countries, employs approximately 500 people worldwide and has been in the equipment financing business for over 35 years. For more information, visit www.KEFonline.com.
KeyCorp traces its history back more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key has assets of approximately $87.0 billion as of September 30, 2012.
Key provides deposit, lending, cash management and investment services to individuals and small businesses in its 14-state branch network under the name of KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.
For more information, visit www.key.com. KeyBank is Member FDIC.
|Contact Name:||Cori Keeton Pope|