Carolyn E. Davidson has 30 years of corporate finance, capital markets, and business development experience with large, middle market, and emerging corporations in the U.S. From 1992 to 2002 she was a Corporate Finance Specialist with Wachovia Securities, a leading investment bank and broker dealer institution.
Based in the Research Triangle Park area, Ms. Davidson advised middle market and emerging company clients in the Triangle, Eastern and Triad regions of North Carolina and Virginia. She led strategic studies and valuations, designed corporate finance plans and restructuring, raised senior debt and equity, and worked on both buy-side and sell-side transactions for clients in a variety of industries, including manufacturing, distribution, retail, logistics, application software, healthcare services, education and training. Prior to this position she opened the Wachovia representative office in Chicago and managed that effort for 10 years.
Currently she is a Senior Vice President with KeySource Commercial Bank, a new bank for business-only based in Durham, NC, having joined during the final stage of organization in October 2006. She provides commercial banking services and advisory services to small middle market companies on capital structure to support growth and strategic transactions and raises junior capital for clients.
Carolyn completed her MBA at the Kenan-Flagler School of Business at the University of North Carolina at Chapel Hill where she also previously completed her BA.
Donald R. Draughon has been in investment banking for over 20 years. Previous to opening KeySource as President and CEO, Mr. Draughon was Managing Director/Senior Vice President for Anderson & Strudwick, Inc., a full service brokerage firm headquartered in Richmond, VA. Mr. Draughon also previously served as a Director for Smith River Community Bank in Martinsville, VA and Millennia Community Bank in Greenville, NC.
Prior to Anderson & Strudwick, Mr. Draughon was the Chairman and CEO of Convenience USA, Inc., an operator of over 250 convenience stores, from 1998 to 2002. During the mid-1990s, Mr. Draughon was a Managing Director with the investment banking firm of Baxter Fentriss. From 1989 to 1993, Mr. Draughon was senior financial analyst for Montrose Capital, a merchant banking group. Mr. Draughon began his career in banking with Wachovia Bank from 1984 to 1989 as an Assistant Vice President in the Corporate Finance Group.
Mr. Draughon received an MBA from Wake Forest University’s Babcock School of Management in 1984 and a BA from Brigham Young University in 1982.
Scott A. Kelly is currently Vice President with KeySource Commercial Bank focusing on investment banking services. Mr. Kelly provides clients with buy/sell side advisory, private placement of debt, interest rate protection, and business valuation.
Prior to arriving at KeySource, Mr. Kelly spent 8 years at IBM in a range of responsibilities from advising clients such as General Motors and Nationwide Insurance on Sarbanes Oxley compliance to training the sales force in social computing. From 2004 to 2006, Mr. Kelly took a leave of absence from IBM to pursue graduate studies and spent time abroad studying in Thailand and in Denmark at the Copenhagen Business School.
Mr. Kelly began his career at State Farm Insurance becoming a Kentucky licensed agent in Property/Casualty and Life/Health. From 1997 to 2001, he provided clients with loan services through Old National Bank in Evansville and LaSalle Bank in Chicago. In addition to banking services, he advised clients on auto, home, and life insurance products.
Mr. Kelly received an MBA from The Ohio State University’s Fisher College of Business in 2006 and a BS from Western Kentucky University in 2000.
Mr. Bick, 52, is a
principal in Bick Capital Advisors, Inc., which he
founded in 1996. Since 2002, he has been principally
engaged as a private investor in venture capital and
real estate. Prior to 2002, he arranged private debt
financings for emerging companies, principally in the
telecommunications industry, Mr. Bick also serves as an
adjunct professor of the Kenan-Flagler Business School
at the University of North Carolina at Chapel Hill where
he teaches courses in entrepreneurial finance and
business plan analysis. From 1992 to 1996, Mr. Bick was
a Vice President in the Capital Markets Division of AT&T
Capital Corp. Mr. Bick started his career in banking
with Bankers Trust Company in New York, where he
completed the commercial bank training program and
worked in the corporate credit department. Mr. Bick is a
member of the Advisory Board of the Durham Salvation
Army and recently completed six years as a member of the
Board of Trustees of Durham Academy, Durham, North
Carolina. Mr. Bick received an MBA in Finance from New
York University and a BA in Economics (cum laude) from
Yale University.
Mr. Conway, 57, is Chairman and CEO of Raleigh-based Lucor Inc., which operates 181 quick lube centers in seven states employing 1,800 people and generating $100 million in revenue annually. Mr. Conway along with his brother founded Lucor Inc. in 1986. Mr. Conway is also Vice President and partners with his brother in Auto Parts Unlimited, an auto parts import and distribution and logistics company, Navigator Management, Inc and Navigator Real Estate Holdings, LLC. Mr. Conway has extensive experience in corporate finance, business development, real estate, and in personal and business financial advisory services. Mr. Conway attended college at Indiana University. He completed his BS degree in 1978 after attending MER University in Seelisburg, Switzerland for three years. Mr. Conway obtained his Certification as a Certified Financial Planner in 1982 and served on the Board of Directors of the Institute of Certified Financial Planners during its most formative years. Mr. Conway obtained his principal and financial operations licenses from the National Association of Securities Dealers in the 1980s.
Mr. Kohl, 54, is
President of Spring Lake Properties, Co. Inc., a real
estate development company specializing in multi-family
units. He also serves as a managing member of Clean Burn
Fuels, LLC, a startup company intending to build one or
more ethanol refineries in North Carolina. Mr. Kohl also
is an active private investor in both real estate and
securities. From 1983 to 1991, he served as president of
Refco Securities, Inc., a New York Stock Exchange member
firm. Mr. Kohl received his BA from Brandeis University
in Waltham, Massachusetts and his MBA from Stanford
University.
Ms. Martindale, 54,
joined LipoScience, Inc., a medical technology company
based in Raleigh, North Carolina, in March 2001 as
Executive Vice President and Chief Financial Officer.
Prior to joining LipoScience, Ms. Martindale served from
April 1996 to February 2001 as Vice President and
Finance Director of GlaxoWellcome Research &
Development, a pharmaceutical research and development
company. Ms. Martindale held various positions with
GlaxoWellcome Inc., a pharmaceutical company, from 1984
to February 2001, including Vice President, Corporate
Planning and Analysis for GlaxoWellcome Inc. and Vice
President, Financial Planning and Analysis for Glaxo
Inc. Ms. Martindale received a BS in Business from
Indiana University and a MBA from Campbell University.
Mr. Murphy, 63, has
extensive experience in the health care and employee
benefits field. From 1996 to 1998, Mr. Murphy served as
the President and CEO of Anthem Blue Cross Blue Shield,
Cincinnati, Ohio, a $4 billion health care employee
benefits business. Since 1998, Mr. Murphy has served as
President of J.P. Murphy, Inc., Durham, North Carolina,
a consulting company focused on improving the quality of
health care and employee benefits services provided in
the United States and internationally. Mr. Murphy
is past President of the Board of
Governors of Treyburn Country Club, Durham North
Carolina. Mr. Murphy received his BA from Loras College,
Dubuque, Iowa and completed graduate studies at DePaul
University, Chicago, Illinois.
Carolyn
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