SUPERIOR, CO. – June 28, 2016 – 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 Don Phillips to vice president, municipal national sales leader. In this role, Phillips will be responsible for managing the Key Government Finance regional sales team for national vendor programs and direct public sector customers.
“Don led vendor account executives, the inside municipal sales team and the specialty vehicle team through four years of substantial business growth and sustained profitability for Key Government Finance,” said Amy Gross, senior vice president, Key Government Finance. “I’m excited to watch him excel in this new role, and look forward to working alongside Don.”
Phillips brings to this position more than 30 years of sales, finance, management, and financial sales leadership experience.
Since 2012, he was vice president of sales for the municipal and specialty vehicle segment of Key Equipment Finance. Prior to joining Key Equipment Finance, Phillips held various leadership roles with GE Capital, an energy startup and a non-profit organization. He began his career at Key Equipment Finance in its information technology vendor programs and municipal markets.
Phillips has a master of business administration in finance from the University of Chicago and a bachelor’s degree in political science from Occidental College.
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 $10 billion in assets and originates $4.5 billion of equipment financing annually. For more information, visit http://www.keyequipmentfinance.com.
About KeyCorp KeyCorp was organized more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation’s largest bank-based financial services companies, Key had assets of approximately $98.4 billion at March 31, 2016. Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 12 states under the name 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 https://www.key.com/. KeyBank is Member FDIC.