Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp, announced Shawn Arnone, Dave Lempko and Don Phillips have all assumed expanded leadership roles within the company.

Arnone has assumed the role of Senior Vice President of Commercial Vendor programs, increasing his scope of responsibility from major technology accounts to overseeing all of Key Equipment Finance’s vendor offerings across technology, industrial and healthcare. He will report to Amy Gross, Executive Vice President of Key Equipment Finance, Government and Vendor.

Lempko, now reporting to Arnone, will oversee both emerging technology and major technology divisions. This will enable the company to better meet the needs of emerging technology clients as they grow.

Phillips has been promoted to Senior Vice President of Key Municipal Finance. In this role he will oversee both direct and vendor offerings for the municipal sector, also reporting to Gross. This new alignment will bring the company’s municipal businesses together under one umbrella and enhance its support for both state and local government entities and vendor partners.
 
“We are continually looking for ways to better meet the needs of our clients as they evolve and grow in today’s dynamic business environment,” Gross said. “Shawn, Don and Dave are all exceptional leaders with deep industry expertise, and I am excited to work with them all in their expanded roles.”

Phillips joined Key Municipal Finance as a Senior Vice President in 2012; Arnone joined Key Equipment Finance as Vice President of Sales, Technology Finance in 2015; and Lempko first joined the company’s bank channel team in 2007, returning in 2017 as Senior Vice President.