Denver, CO (PRWEB) January 22, 2014
Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), has promoted Brian D. DePonte to senior vice president, innovation markets. In this role, DePonte will lead the company’s equipment finance initiatives in water, distributed power and energy markets.
“Since joining Key Equipment Finance’s municipal services group two years ago, Brian has demonstrated his cross-functional leadership abilities, relationship management skills, and technical knowledge,” said Brian D. Madison, senior vice president, manufacturer & vendor alliances, Key Equipment Finance. “He also has shown his ability to bring impact to distributed power and energy financing through innovation, and I look forward to working with him as we deliver exceptional service and equipment financing solutions in the water and distributed power markets.”
DePonte joined Key Equipment Finance as vice president of originations – municipal finance in 2011. Prior to joining Key Equipment, he was vice president of sales and operations for the Municipal Services Group. He has also held sales and management positions at Columbine Systems Inc. (now Harris Corp.) and Transamerica Commercial Finance.
DePonte has a bachelor’s degree in management from Texas Tech University.
About Key Equipment Finance
Key Equipment Finance 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 vendor services unit, equipment finance programs are developed for manufacturers, distributors and resellers in the U.S., Canada and Europe.
Key Equipment Finance’s specialty finance group includes a lease capital markets team to support corporations looking to optimize risk and revenue, and a lender finance team, which provides structured facilities to various sectors of the specialty finance market.
Headquartered outside Denver, Colorado, Key Equipment Finance manages $8.5 billion in assets and originates nearly $4 billion of equipment financing annually. The company has management and operations bases in Albany, New York; London, England; Frankfurt, Germany; Madrid, Spain; Milan, Italy; Paris, France and Toronto, Canada. The company, which supports clients in 17 countries, employs approximately 500 people worldwide and has been in the equipment financing business for 40 years. For more information, visit http://www.KEFonline.com/.
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 has assets of approximately $91 billion.
Key provides deposit, lending, cash management and investment services to individuals, small and medium-sized businesses under the name of 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.