David was a Finance Professional with 25 years with FDIC and over 40 years of Credit experience at Senior levels.  Motivated, with success-oriented focus, I have worked on some of the most complex issues faced by the FDIC over the last 40 years.   In Private Industry was Chief Lending Office in Banking, ran a successful Transportation Logistics Company, Commodity Options Broker and Credit manger in both the Auto and Oil & Gas Industries.  

Federal Deposit Insurance Corporation - DRR:

1986-1995, 2009-2025

I served in many different capacities during my career with the FDIC, retiring in December 2025, with my final role as Chief Credit Operations. I led division-wide training on case writing, delegations of authority, and borrower negotiations, and participated in more than 100 bank resolutions.  My carrier was spent in Asset Management (AM), starting in Tulsa, Ok., also serving in offices during my tenure in Houston, Tx., Westboro, Ma., Atlanta, Ga. and Dallas Tx.    I was highly involved in Pre-Failure, Failure and Post Failure activities.   During the last crisis I was responsible for the coordination activity for AM for all satellite offices with the Dallas Regional Office.  Serving as lead Point of Contact (POC) with the Commercial National Servicers.  I also developed the Point of Contact role and trained the POC’s in the satellite offices.   During pre-failure activities I have reviewed or prepared SRP’s for most failures and over the years have assisted with its development and coordination with Strategic Operations.  During failures I have served as Receiver In Charge, Closing Manager, Asset Manager and Proforma Manager.   During post-failure I have served as Post Closing Asset Manager (PCAM, Lead POC for review and reporting.   I have also been responsible for reporting and tracking Board Cases from all offices to ensure timely notices and presentations.  I served as AM legal liaison ensuring tracking to ensure proper reporting and timely completion of litigation.  Lead AM and owner for the development of the RAIL (Receivership Assets In Litigation) tracking system.  Handled all Bank Stock loans for the division and was considered the Subject Matter Expert.   Was the lead in developing the Consolidated Loan Servicer contract and served as Chairman of the TEP panel.  Served on the TEP panel for the RAS contract in 2018 and was the initial Chairman of the TEP panel for the latest renewal in 2025, stepping down in February 2025 due to pending retirement and acceptance of the DRP. 

During 2023 I attended the big 3 failures in various capacities.  I was the Asset Manager/PCAM for First Republic Bank, the second largest failure in FDIC history, and spent 6 months assisting the Signature post-closing activities assisting in a variety of capacities.  I also led the repudiation efforts for First Republic and took over as lead finishing the SVB repudiations and am Claims certified.   I have experience in leading large teams during failures as was the lead Asset Manger for the FNBC failure for which I oversaw the work of approximately 70 RAS personnel.  

I lead the revision of all of AM Job Aids in 2019, lead Tiger Teams to review and analyzed concerned industries and provide resolution recommendations.  Was the lead in developing and executing FDIC’s IAA agreement with SBA in 2018 which was recently renewed.  I headed credit for the first know time of using Receivership contractors for post failure in New Hampshire, headed review teams to go into S&L pre RTC to help determine the losses for the funding of RTC.  Chaired five failed S&L’s credit committees until RTC could be staffed.

 Previous Experience:

Commodity Options Broker – Registered with Chicago Board of Trade
Credit Manager – Chrysler Credit
Regional Credit Manager – LTV Energy Products
Chief Lending Officer – The Bank of East Texas
President – PKO Transportation & Logistics

Education:

Oklahoma State University – BA with Majors in Accounting, Management and Marketing