Key Equipment Finance has named Tim Duerr as senior vice president of business development for the manufacturer and vendor alliances team. In this role, Duerr will lead a team of business developers to establish large manufacturer and vendor program opportunities, as well as create and manage a robust pipeline of new vendor program opportunities with market leaders in information technology, healthcare, government finance and energy.

“Having previously worked closely with Tim, his business development acumen, cross functional leadership skills, deep insights into the challenges and opportunities faced by manufacturers and finance companies in the global competitive environment, and strategic approach to new products and market opportunities make him a terrific fit for the role and Key Equipment Finance,” said Brian Madison, senior vice president of U.S. manufacturer & vendor alliances at Key Equipment Finance. “I look forward to working with him as our team continues to develop strong adviser relationships with manufacturer and vendor customers.”

Prior to Key Equipment Finance, Duerr held a variety of positions at Microsoft, including five years at Microsoft Financing where he initially joined the team in the United Kingdom and led a successful European expansion. Upon establishing the European country and operational infrastructure, Duerr moved to Microsoft's headquarters to lead the Worldwide Business Development team while also serving as the managing director for the Asia Pacific and Latin America regions. Prior to joining Microsoft Financing, Duerr was a managing partner for Whyte Dearing Associates, UK, and held a variety of business development and sales roles in the UK for Hambros Bank and Barclays Asset Finance.