Doug has over 30 years of experience as a financial manager in commercial banking, investment banking and private industry. In addition to managing KeyBank’s Commercial Banking team in Colorado, he specializes in lending to employee owned companies. Doug initially developed his knowledge of ESOPs while serving as the CFO of a $40MM die-cast die manufacturer, a partial ESOP company located in Muncie, IN. He continued his ESOP involvement as a Vice President with Goelzer Investment Banking, performing ESOP valuations, feasibility studies and other corporate advisory services. While at Goelzer, he received the American Institute of CPA’s Accredited in Business Valuation designation (ABV).
Doug graduated cum laude with a BA degree from DePauw University in 1985, and an MBA from Indiana University’s Kelley School of Business in 1994. He is a member of The ESOP Association, a past member of the Advisory Cabinet of the Indiana ESOP Association, and a member of the National Center for Employee Ownership.
Doug now serves as Director, Middle Market Specialty Finance at KeyBank, a newly created national role. Doug will utilize his expertise in Employee Stock Ownership Program (ESOP) transaction financing to grow and support the bank’s firmwide portfolio of employee-owned clients. He will help to develop new and improved financing and banking services to employee-owned companies, while engaging with all KeyBank markets to drive a consistent approach to underwriting and marketing.