Triumph Bancorp, Inc. ("Triumph"), a financial holding company with interests in community banking, commercial finance and investment management, announced a series of management assignments.
Dan Karas has been named Chief Lending Officer of Triumph's Dallas-based banking subsidiary, Triumph Savings Bank, SSB, effective July 1, 2014. In this role, Karas will oversee Triumph's lending operations.
Karas succeeds Davis Deadman, who has served as Chief Lending Officer of Triumph Savings Bank since 2012. Deadman also serves in the leadership function of Triumph Capital Advisors, Triumph's investment management platform. Deadman will continue to serve in this role as well as remaining a member of Triumph's loan committee.
Ray Sperring, who joined Triumph in 2012, will have expanded responsibilities in Triumph's commercial real estate lending platform.
Aaron P. Graft, Chief Executive Officer remarked, "We are very excited to promote Dan to serve in the role of Chief Lending Officer. He has extensive experience in the development of commercial finance platforms and is well suited to bring that expertise to all areas of Triumph's lending operations."
Graft went on to say, "Since joining Triumph in 2012, Davis has been an integral part of the company, and we look forward to that continuing. We also look forward to Ray bringing his experience toTriumph's commercial real estate lending platform."
Karas joined Triumph in 2012 as Executive Vice President – Asset Based Lending for Triumph Commercial Finance with more than thirty years' experience in all aspects of commercial finance. Prior to joining Triumph, Karas served as Executive Vice President and Managing Director of Marquette Business Credit, where he led Marquette's general factoring business as well as marketing for its asset based lending platform. He previously served with GE Commercial Finance/Heller Financial as Managing Director of the Corporate Lending Group, then the Enterprise Client Group and finally Energy Financial Services. Karas is currently a member of the Commercial Finance Association Executive Committee and serves as chairperson of the organization's Education Committee. He received his Bachelor of Science in Finance and Management from Temple University and his Master of Business Administration from the Stern School of Business at New York University.
Deadman joined Triumph as Executive Vice President and Chief Lending Officer of Triumph Savings Bank, SSB in 2012 with more than twenty years' experience in credit and loan management. Before joining Triumph, Deadman served as a partner and Senior Portfolio Manager with Highland Capital Management, L.P.
Sperring joined Triumph in 2012 as Executive Vice President and Chief Investment Officer. Prior to joining Triumph he served as partner and Chief Investment Officer for Trivest Residential LLC, a real estate investment firm.
Triumph Bancorp, Inc., based in Dallas, Texas, is a financial holding company with interests in community banking, commercial finance and investment management. Members of the Triumph Bancorp, Inc. group include Triumph Savings Bank, SSB, THE National Bank, Triumph Commercial Finance, LLC, Triumph Capital Advisors, LLC, Triumph CRA Holdings, LLC and Advance Business Capital LLC.