RESTON, Va., July 24, 2017 /PRNewswire/ -- Key Government
Finance, an affiliate of Key Equipment Finance, one of the nation's
largest bank-held equipment finance companies and an affiliate of
KeyCorp (NYSE: KEY), today announced strategic personnel alignments
within its technology finance team, designed to strengthen its
federal brand.
Toni Egan, Key Government Finance
senior financial sales vice president, will bring her significant
history of federal finance and sales expertise to join Chris McKinley, Key Government Finance senior
financial sales vice president, who has been instrumental in
establishing the organization's IT federal brand for the past six
years. Based in Reston, Virginia,
both Egan and McKinley will share federal IT market responsibility
for delivering the company's structured technology finance
solutions to Key Government Finance's OEM and prime contractor
federal partners. Egan and McKinley each have several years of
significant federal lending expertise, as well as the technology
background required to navigate within the federal ecosystem. Both
understand the myriad of challenges experienced by the company's
partners, as well as the growing demand for modernization of the
federal IT infrastructure and the strong push toward cyber, big
data and artificial intelligence that the federal government is
flowing its operating and capital funds towards.
Gina Ringgenberg, vice president
of federal sales, will assume responsibility for the federal lab
segment for Key Government Finance. She brings a significant
history in investment banking, strategic procurement and senior
project management to her new role. Also based in Reston, Virginia, Ringgenberg will create and
execute on financial solutions within the United States Department
of Energy and Department of Defense federally funded research lab
environment, consisting of OEMs, lab management operators and prime
contractors. The lab segment is of growing importance to Key
Government Finance's federal branding strategy. Increasingly,
clients in this space must pursue financial solutions designed to
balance growing research and telecommunication needs while
restricted by federal budget constraints.
"Continuing development of structured financial and federal
marketplace expertise, our client focused execution strategy, and
being highly selective of the types of sales and support personnel
we choose for this business and for our clients will continue to be
the hallmark of the Key Government Finance federal team," said
Art Hyman, senior vice president of
Key Government Finance's federal finance business. "Our clients and
their end user clients, federal agencies, continue to grapple with
the highly publicized age of the federal IT infrastructure, the
need for ever greater IT strength offset with real budgetary and
capital issues. Our goal is to continue as the premier provider of
capital education and solutions to the federal market in solving
these ongoing issues, and we are excited to have this team on board
to address these real industry challenges."
About Key Equipment Finance
Key Equipment Finance has been in the equipment finance business
for 44 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.
The company's government finance unit, Key Government Finance,
provides financing solutions for state and local government
entities, the federal government and not-for-profit organizations.
Key Government Finance was established in 2000.
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 approximately $12 billion in
assets and originates more than $4.5
billion of equipment financing annually. For more
information, visit http://www.keyequipmentfinance.com.
About KeyCorp
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 $135.8
billion at June 30, 2017. Key
provides deposit, lending, cash management, insurance, and
investment services to individuals and businesses in 15 states
under the name KeyBank 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.
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CONTACT:
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Cori Pope
303-282-4981
cori@keetonpr.com
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SOURCE Key Government Finance