SUPERIOR, Colo. – January 24, 2024 – Key Equipment Finance (KEF), a division of KeyBank, promoted Shawn Arnone to managing director of Key Equipment Finance’s Capital Markets Group. Arnone will be responsible for oversight of the leasing and structured finance team, supporting all lines of business and clients seeking access to capital and structured facilities. He reports to Peter Bullen, group head of KEF. Arnone will continue to serve as group head for Key Government Finance, as well.
“Shawn brings more than 30 years of relationship management experience to this role, particularly with the equipment and commercial finance sector,” said Bullen. “This new role combines his business development and leadership experience to ensure KEF continues to support bank relationships and remains a dominant force within the equipment financing industry. I look forward to his ongoing success in providing exceptional value to our clients and bank partners.”
Arnone has been with KEF for nearly a decade, most recently as group head of Key’s manufacturer and government alliances business division.
Prior to his role at KEF, Arnone served in equipment financing roles with Canon Business Solutions, CIT, RBS Citizens Asset Finance and EverBank Commercial Finance. He holds an MBA degree from Baruch College and attended St. Peter’s University for his undergraduate studies.
About KeyCorp KeyCorp's roots trace back nearly 200 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 $188 billion at December 31, 2023. 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 approximately 1,000 branches and approximately 1,200 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.
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