SUPERIOR, CO. – January 23, 2019 – Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp(NYSE: KEY), today announced that Dave McCarthy will join Key Government Finance as senior vice president of the federal finance team. In his role, McCarthy will utilize his government contracting and leadership experience to help grow Key Government Finance Federal Finance and capitalize on the solid growth achieved by the team.
“Dave brings 20 years of experience in the leasing industry running commercial and government finance programs,” said Amy Gross, senior vice president of Key Government Finance. “I look forward to working with him as he applies his government contracting and leadership experience to grow and expand vendor relationships while maintaining a high-quality portfolio.”
Previously, McCarthy led commercial and government financing programs at GE Capital, and most recently, the federal team for IBM Global Financing, where he was recognized as the “Best of IBM” for his work establishing a federal financing footprint with the IRS and other large agencies.
McCarthy has an MBA from Georgetown University and a bachelor’s degree from the University of Pennsylvania. He began his career as a U.S. Naval officer, serving as a supply officer and gun director on the USS Wisconsin during the First Persian Gulf War. Additionally, McCarthy did subsequent tours with the Aviation Supply Office as a weapons systems manager for trainer aircraft and served abroad in Naples, Italy.
About Key Equipment Finance
Key Equipment Finance has been in the equipment finance business for 45 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 commercial vendor 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 capital markets team to support corporations looking to optimize risk and revenue. Headquartered outside Denver, Colorado, Key Equipment Finance manages nearly $13 billion in assets and originates nearly $6 billion of equipment financing annually. For more information, visit http://www.keyequipmentfinance.com.
KeyCorp's 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 $139.6 billion at December 31, 2018. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of over 1,100 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.