SUPERIOR, CO – January 26, 2017 – Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today announced that David Lempko has joined the company as senior vice president, middle market sales director. In this role, Lempko will develop a systematic approach to new client acquisition and lead a team of middle market equipment finance officers for the northeast region.
Lempko brings more than 30 years of experience in equipment finance to his new position. He joined Key Equipment Finance when KeyCorp acquired First Niagara. Lempko assumed the role of senior vice president and sales director after demonstrating innovative approaches to equipment financing and his remarkable leadership as sales director and later president for First Niagara’s equipment finance division over the last two years.
“As a leading equipment finance senior executive, David has demonstrated extreme success in a variety of financial services positions,” said Peter Bullen, senior vice president for Key Equipment Finance. “David combines his operations experience with his exceptional business sense to deliver a high-level management style. Our clients and equipment finance team are fortunate to have someone of David’s caliber managing our northeast equipment finance efforts, and I look forward to working alongside him.”
Lempko joined First Niagara Leasing as sales director for the northeast region in 2014; this followed seven years in the business banking division with Key Equipment Finance as sales director, and working his up to senior vice president. Prior to Key Equipment Finance, Lempko held various positions of increasing responsibility with Automatic Data Processing, AT&T Capital Corporation and Executive Leasing, Inc. He is also an active member of the Certified Lease and Finance Professionals Foundation.
Lempko has a bachelor of science degree in business administration from Clarion University of Pennsylvania. He also holds certifications from Cornell University’s Executive Management School and the University of Buffalo’s Human Resource Management program.
Key Equipment Finance offers equipment financing and business leasing solutions to a range of business types and industries. Learn more at www.keyequipmentfinance.com.
About Key Equipment Finance
Key Equipment Finance has been in the equipment finance business for 43 years and 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 manufacturer and vendor alliances unit, equipment finance programs are developed for manufacturers, distributors and resellers.
Key Equipment Finance’s specialty finance group includes a specialty finance lending team, which provides structured facilities to various sectors of the specialty finance market, and a lease capital markets team to support corporations looking to optimize risk and revenue. Headquartered outside Denver, Colorado, Key Equipment Finance manages nearly $11 billion in assets and originates more than $5 billion of equipment financing annually. For more information, visit http://www.keyequipmentfinance.com.
About KeyCorp
KeyCorp's (NYSE: KEY) roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies with assets of approximately $136.5 billion at December 31, 2016. Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 15 states under the name KeyBank National Association and First Niagara Bank, National Association, through a network of more than 1,200 branches and more than 1,500 ATMs. 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 https://www.key.com/. KeyBank is Member FDIC.