Chuck Procknow With George K. Baum & Company Awarded The Sarah P. Daignault Outstanding Support of Independent School Award

DENVER, March 13, 2014 /PRNewswire/ -- George K. Baum & Company is proud to announce Chuck Procknow, Executive Vice President, as the recipient of the Sarah P. Daignault Outstanding Support of Independent School Award.  Named for National Business Officer Association's (NBOA) founding Executive Director, the award recognizes individuals who have consistently shown generous support of independent schools and their business officers.

During the nominating process, one school business officer described Mr. Procknow as "the go-to guy for any bond financing need for independent schools... always available and ready to help."

About Chuck Procknow:  Mr. Procknow is an active leader at NBOA where he "gets what independent schools and business officers are all about."  He has been an active Board member of NBOA extending back to 2007 and has served on the Association Relations Committee and the Emerging Issues Committee.  In addition, Mr. Procknow has served on the Net Assets Editorial Advisory Committee and is a valued contributor at NBOA events as a frequent speaker and sponsor.

Chuck Procknow is an Executive Vice President in George K. Baum & Company's Education & Nonprofit Finance Group.  He has built a national practice focusing on the tax-exempt financing needs of independent primary and secondary schools. Mr. Procknow has also provided underwriting and financial advisory services for higher education institutions, healthcare, social services, and bio-medical research related institutions.  During his career, he has served as Senior Banker for over 300 tax-exempt bond issues for non-profit clients across the country.

Mr. Procknow's client base includes some of the most established independent boarding schools including St. Paul's School (Concord, NH), Phillips Exeter Academy (Exeter, NH), Groton School (Groton, MA) and Thacher School (Ojai, CA), as well as regional day schools such as Kent Denver (Denver, CO), Vail Mountain School (Vail, CO), Barstow School (Kansas City, MO), Dexter Southfield Schools (Chestnut Hill, MA), John Cooper School (Woodlands, TX) and The Hun School of Princeton (Princeton, NJ).

Prior to joining George K. Baum & Company, Mr. Procknow served 17 years as head of State Street Bank & Trust Company's Public Finance Department, where he was responsible for all public sector investment banking activities. Mr. Procknow is recognized as one of the leading bankers nationally for integrating interest rate swaps into borrowers' plan of finance.

Mr. Procknow has been quoted in The Chronicle of Higher Education, The Wall Street Journal, and The Bond Buyer.  He recently published several articles in Net Assets, as well as an article on capital financing in Independent School Magazine.  Mr. Procknow has been a regular presenter at a range of industry conferences, including National Business Officers Association Annual Conference, the Business Offices Institute, National Association of Independent Schools (NAIS) Conference, CASE/NAIS Annual Meeting, National Conference and the Association of Independent Research Institute (AIRI) Annual Meeting.  

Mr. Procknow holds an MBA from the University of Chicago and a Bachelor of Science degree from Emory University.

About George K. Baum & Company: George K. Baum & Company has long been recognized as an industry leader in the structuring, underwriting and marketing, and financial advisory services for taxable and tax-exempt municipal securities, and is one of the nation's most experienced privately held investment banking firms.  George K. Baum & Company has been involved with many types of capital projects including: Local Government, Independent Schools, Public K-12 and Charter Schools, Colleges, and Universities.

Founded in 1928, GKB maintains a well-established presence—staffed with approximately 200 professionals, with public finance offices in 15 cities across the United States, including sales operations in five major cities. GKB is uniquely positioned to provide issuers of, and investors in, municipal securities with the highest level of service.

SOURCE George K. Baum & Company