SALT LAKE CITY, April 27, 2017 /PRNewswire/ -- Kelly Murdock, a 25-year veteran in the municipal finance industry, joined George K. Baum & Company ("GKB") as a Senior Vice President on April 24, 2017. He plans to use his extensive experience with a variety of municipal issuers in the State of Utah and the Intermountain West to complement GKB's Utah practice.
"At GKB, we've introduced many innovative and successful financing structures on behalf of our clients," said Executive Vice President John Crandall, Manager of GKB's Utah Municipal Finance Group. "I know Kelly's industry knowledge will help us continue to provide exceptional service and expand our practice even more throughout the State of Utah and the Intermountain West."
During his career, Mr. Murdock has served as lead banker and municipal advisor to some of the largest issuers in the State of Utah, and has worked on more than $5 billion of tax-exempt, taxable and variable-rate municipal transactions for a variety of issuers. He has also served as underwriter or municipal advisor for several higher education institutions, including the University of Utah where he assisted the institution with the issuance of more than $1 billion in revenue bond offerings.
"I look forward to the opportunity to continue my focus on the needs of municipal issuers and help expand such a well-established practice," said Mr. Murdock.
Prior to becoming an investment banker, Mr. Murdock served in several key staff positions on Capitol Hill in Washington, D.C., for both United States Senator Orrin G. Hatch and Congressman James V. Hansen. During his years in Washington, D.C., Mr. Murdock also worked as Director of the State of Utah's Washington, D.C. office, serving as a member of the Utah Governor's staff and as a key liaison between the State of Utah, the Utah Congressional Delegation and the federal government. Mr. Murdock holds a Bachelor's degree in Organizational Communications from the University of Utah and a Master of Business Administration degree from George Washington University.
Founded in 1928, George K. Baum & Company (www.gkbaum.com) is one of the nation's most accomplished privately held investment banking firms and has been at the pinnacle of financing the nation's infrastructure for more than eight decades. GKB is recognized as an industry leader in the structuring, underwriting and marketing of taxable and tax-exempt municipal securities.
SOURCE George K. Baum & Company