Thursday, December 16, 2010

Alum Update: Bunn Joins SquareTwo Board

SquareTwo Financial, a leader in the asset recovery and management industry, announced earlier this week that Thomas Bunn, a former vice chairman at KeyCorp, has joined the SquareTwo Financial board.

Bunn, a 1978 alumnus of Wake Forest University and a member of the board of visitors, served as vice chairman at KeyCorp and president of Key National Banking from 2005 until 2008. In this role he was responsible for multiple lines of business, including corporate and investment banking; real estate banking; equipment finance; global treasury management; bank capital markets; and Victory Capital Management.

He joined the Cleveland bank in 2002 as president of Key Corporate and Investment Banking. During his tenure, Bunn was a member of the management committee and executive council, as well as a director of KeyBank, and Victory Capital Management. Prior to joining Key, he was the managing director and head of global debt capital markets at Bank of America, where he served for 24 years.

"Tom has extensive experience in the financial services industry and is universally respected by banking and finance professionals," said Paul Larkins, the president and CEO of SquareTwo. "He is our eighth board member, and we are fortunate to add yet another highly accomplished strategically-minded professional to our board."

"SquareTwo Financial is uniquely positioned for growth and excellence in the debt purchasing and asset management industry," Bunn said. "Paul Larkins has put together a solid executive leadership team, as well as an impressive core of directors, and I'm excited to be elected to help guide this innovative, growing company."

Bunn earned his bachelor's of science degree in business administration from Wake Forest University and his MBA in finance from the University of North Carolina at Chapel Hill. He is a member of the Wake Forest University board of trustees and the Babcock School of Business board of visitors. He also serves on the board of Southern Weaving Company and is on the board of advisors for Sound Harbor Partners.

SquareTwo is based in Denver.

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