Senior staff biographies
Michael D. Sharkey
Michael D. Sharkey, President, MB Business Capital, is responsible for the bank's asset based lending group. With nearly 40 years of experience in financial services, he oversees a nationwide market with regional offices in Atlanta, Baltimore, Chicago, Dallas, Hartford, Kansas City, Los Angeles, Memphis, Milwaukee, Minneapolis, Oklahoma City, San Francisco, and Scottsdale.
From July 2008 until the merger with MB in 2014, Sharkey was president of Cole Taylor Business Capital and executive vice president, asset based lending.
Prior to that, he was president and CEO of LaSalle Business Credit, where he helped build the group into the fifth largest asset based lending company in the United States. During his tenure at LaSalle, he also served as executive vice president for LaSalle Bank and ABN Amro. Sharkey began his career in financial services with GE Capital as a field examiner and loan officer, and moved on to Manufacturers Hanover Commercial Corporation where he served as senior loan officer. From there, he joined and within four years became president of StanChart Business Credit, which was ultimately acquired by LaSalle Bank.
Sharkey is a permanent member of the Executive Committee of the Commercial Finance Association, as well as past president and chairman of that organization. He is also past president of the American Brain Tumor Association.
Sharkey is a graduate of Rutgers University and J. L. Kellogg Graduate School of Management at Northwestern University.
John A. Curtis is group president, Southwest region, for MB Business Capital (MBBC) based in Oklahoma City, Oklahoma and leads MBBC’s Southwest business development team. Curtis has more than 30 years of finance and senior debt lending experience.
Previous to MBBC, Curtis helped found First Capital where he held a number of positions including; Executive Vice President of the Central Region, Chief Operating Officer, Controller, and Senior Credit Underwriter. Prior to First Capital, he worked for Scrivner Corp., Signal Capital Corp., First Asset-Based Lending Group, Inc. and Whirlpool Corp.
Curtis is presently an active member of the Commercial Finance Association (CFA), Turnaround Management Association (TMA) and the Association for Corporate Growth (ACG). He is a past member of the Executive Committee for the CFA and he has held various committee positions for the association.
Curtis holds a B.S. in Finance from Oklahoma State University and an MBA from Oklahoma City University.
Ronald W. Kerdasha, Jr. is group president, Northeast Region, for MB Business Capital and manages business development in the Mid-Atlantic and Northeast regions. Kerdasha has 28 years of broad-based experience in asset based lending, including field auditing, portfolio management, underwriting, and business development, focused on the Mid-Atlantic region. From 2008 until the merger with MB in 2014, Kerdasha was group senior vice president, region executive for Cole Taylor Business Capital, where he opened the Baltimore office.
Prior to that, Kerdasha spent thirteen years with LaSalle Business Credit, where he focused on business development. He has also served as a senior underwriter with Congress Financial Corporation and as a relationship manager for Perpetual Savings Bank and Midlantic National Bank.
Kerdasha is a long-time member of Commercial Finance Association (CFA) and Association for Corporate Growth (ACG). He has served on ACG’s Global Board of Directors, is past president of ACG’s Maryland chapter, and was chairman of ACG’s InterGrowth conference in 2004.
He holds a B.S. in Accounting from University of Delaware and an MBA in Corporate Finance from Fordham University.
Mark A. Looft is group president, West region, for MB Business Capital. Looft has more than 20 years of finance and senior debt lending experience. From 2010 until the merger with MB in 2014, he was group senior vice president and region executive for the western U.S. for Cole Taylor Business Capital. Looft launched the firm’s regional headquarters in Irvine, California, outside Los Angeles, and his development efforts targeted both private companies and private equity backed entities with borrowing needs of $5 million to $50 million.
Prior to that, Looft served as director with GMAC Commercial Finance’s Structured Finance division. In 1999, he launched GE Capital Business Credit’s Western U.S. regional office where he was a senior vice president. Looft has also been with Fremont Financial, where he served as senior vice president and region executive, and Foothill Capital, where he started his career as an auditor and financial analyst.
Looft is presently president of CFCC, the local chapter of Commercial Finance Association (CFA) in Southern California. He is also a director of the Orange County chapter of Association for Corporate Growth (ACG).
Looft holds a B.S. in Finance from Arizona State University.
Bruce Sprenger is group president, Midwest region, for MB Business Capital, responsible for developing new markets, marketing activities of the ABL group and advising on customer cross border opportunities. His experience spans 35 years and virtually all aspects of commercial finance.
From 2008 until the merger with MB in 2014, Sprenger was group senior vice president, region manager for Cole Taylor Business Capital. Prior to that, Sprenger was with LaSalle Business Credit, where he opened a de novo regional office and several satellite offices and went on to manage LaSalle's central US region. He later launched LaSalle's European cross border product and global ABL connectivity with ABN AMRO. He was also responsible for all North American non-credit product cross-sell initiatives and managed the unit’s marketing, sales, communication and branding activities. Prior to his tenure at LaSalle, Sprenger served as President of Firstar Financial Services, the asset-based group for Firstar Corporation.
Sprenger is a past Chairman of the Commercial Finance Association (CFA) and is a permanent member of the organization’s Executive committee. CFA is the international trade association for asset based and commercial financing and factoring. Sprenger has provided training on asset-based financing principals both in China and Mexico on behalf of CFA and the World Bank.
He holds a B.S. in Finance from Valparaiso University and completed the Wharton School Institute Executive Program. He has continued his education in marketing at Northwestern University’s J. L. Kellogg Graduate School of Management.
Todd Wooten is group president, Southeast region, for MB Business Capital, responsible for developing new business opportunities, primarily in the Southeastern United States. Wooten has 22 years of experience in banking and finance. From 2009 until the merger with MB in 2014, Wooten was a group senior vice president for Cole Taylor Business Capital and oversaw the opening of the firm's regional headquarters in Atlanta, Georgia.
Prior to that, he was a senior vice president with LaSalle Business Credit’s Atlanta office for nine years, until the 2007 acquisition of LaSalle Bank by Bank of America. At the time of the acquisition, he left to join Chatham Capital, an Atlanta-based mezzanine fund, as a Director with the launch of their third fund. Previously, Wooten was a vice president at Heller Financial in their Atlanta and Los Angeles offices and began his career in Atlanta with the C&S National Bank, a predecessor to Bank of America.
Wooten is a member of the Atlanta ACG (Association for Corporate Growth) and the Atlanta CFA (Commercial Finance Association).
He holds a B.S. from the University of Virginia – McIntire School of Commerce.
Dawn M. Dieter
Dawn M. Dieter is senior vice president, asset based lending operations and field examiner of MB Business Capital. From 2008 until the merger with MB in 2014, Dieter was senior vice president, field audit manager of Cole Taylor Business Capital. Prior to that, she was Collateral Monitoring and Field Audit Services Manager for Cole Taylor Bank.
Dieter has more than 20 years of asset based lending and field auditing experience. Before coming to Cole Taylor Business Capital, she was a loan officer for Orix Business Credit, handling asset based and cash flow lending. Prior to that, she spent more than ten years with the asset based lending groups of American National Bank (ANB) and Bank One.
Dieter is a member of Association of Certified Fraud Examiners.
She holds a B.A. in Accounting from North Central College and an MBA from Loyola University Chicago.
Ronald C. Rossi
Ronald C. Rossi is a vice president and asset based lending operations manager for MB Business Capital. He oversees two ABL Operations Teams which are responsible for all loan servicing, collateral monitoring and daily client interactions.
Rossi has more than 20 years of experience in asset based lending operations. From June 2014 until the merger with MB in August 2014, Rossi was a vice president and asset based lending operations manager for Cole Taylor Business Capital. He began his ABL career with LaSalle Business Credit as a Collateral Analyst, and has managed operations teams at Heller Financial, GE Capital and LaSalle Business Credit, which was acquired by Bank of America in 2007.
Rossi holds a B.S. in Management from National-Louis University in Chicago.
Jeff Seiden is Senior Vice President, Director of ABL Underwriting. He leads the underwriting team and supports the overall lending efforts of MB Business Capital.
Seiden has nearly 25 years of experience in the Asset Based Lending industry and was previously with Cole Taylor Business Capital, LaSalle and CIT. His experience has been in field exam, relationship management and credit underwriting. Seiden is the recipient of a Cole Taylor underwriter of the year award that recognizes dedication, forward thinking, and team building.
He holds a BSBA from Washington University in St. Louis, Missouri.
Richard A. Simons
Richard A. Simons is a senior vice president for MB Business Capital, responsible for managing credit and monitoring its loan portfolio.
Simons has nearly 35 years of experience encompassing virtually all aspects of finance and asset based lending. From 2008 until the merger with MB in 2014, Simons was group senior vice president and the head of credit for asset based lending for Cole Taylor Business Capital. Prior to that, he was division manager for LaSalle Bank’s Metropolitan ABL Group, running a fully functional independent asset based lending office with full P&L responsibility and in charge of new business, portfolio management including retention and client service, and supervising liquidations and workouts as needed. He has served in similar senior positions as Senior Vice President and Regional Manager for both The CIT Group’s Star Division and Bank of America’s Commercial Funding Division. Earlier in his career, he served as a field examiner and account executive for both General Electric Credit Corporation and Northwest Acceptance Corporation, and also was a tax professional for Ernst & Young.
Simons is a graduate of University of Illinois with a degree in Accountancy, and is a Certified Public Accountant. He also holds a Juris Doctorate from Chicago Kent College of Law and entered the Illinois Bar in 1987.
Bill Stapel is a senior vice president for MB Business Capital and is involved with many aspects of the asset based lending business. From 2009 until the merger with MB in 2014, Stapel was group senior vice president of Cole Taylor Business Capital. In addition to updating Cole Taylor Bank’s asset based lending policy, Stapel authored Cole Taylor Business Capital’s white paper on retail lending and is responsible for that product line. He also underwrites and manages the Bank's investments in SBIC licensed mezzanine funds and manages an asset based lending portfolio.
Stapel has more than 25 years of experience in commercial banking and asset based financing, particularly in the field of credit administration, policies and procedures. Stapel began his career as an auditor with Heller Financial before accepting a position with StanChart Business Credit, which was eventually acquired by LaSalle Bank. At LaSalle, he served as first vice president for its asset based lending unit, LaSalle Business Credit, and then as senior vice president of LaSalle Bank, where he was the ABL credit officer and voting member of LaSalle Bank’s loan committees. When LaSalle was acquired by Bank of America in 2007, Stapel remained in the Risk function as one of the regional risk executives for Bank of America’s asset based lending unit, a position he held until joining Cole Taylor Business Capital.
Stapel is a board member of Kitz & Pfeil, a Wisconsin-based chain of retail hardware stores.
He is a graduate of University of Wisconsin (Madison) School of Business.
All business carried on in Canada is carried on by MB Business Capital Canada Inc. which is a subsidiary of MB Financial Bank and is licensed to use the trademark “MB Financial” and “MB Business Capital”.