Key Government Finance Federal Announces Strategic Personnel Alignments Within Technology Finance Team in Support of its Market Strategy

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.

SOURCE Key Government Finance

Related Links

http://www.keyequipmentfinance.com