Vice President Management
Resume:
Diane Earle
* ******* *****, *******, ** *****
***********@*********.***
Accomplished credit professional with broad lending experience in middle
market, small corporate and venture lending arenas. Proven record in
building teams and infrastructure to support growth, while maintaining
favorable portfolio performance metrics.
Experience
Hercules Technology Growth Capital 9/08 to
present
Debt and equity provider to lower middle market, technology and life
science companies
Managing Director - Senior Credit Officer
. Responsible for underwriting, portfolio management and workout for all
three business units: Technology, Life Sciences and Lower Middle
Market, with net assets of $500MM.
. Presented quarterly reports to the Board of Directors and Valuation
Committee on the condition of the portfolio, status of workout
accounts and expected losses.
. Participated in weekly group meetings for the purpose of reviewing new
opportunities prior to issuing term sheets. Provided feedback on
credit, deal structure and due diligence required.
. Participated in Investment Committee meetings on all new deals and
restructures including companies in the healthcare segment, clean
energy segment, biotechnology, food business, software consulting and
others.
. Directly involved in all troubled asset negotiations and workout,
including a 363 sale of a chain of spas, the conversion of a portion
of our senior debt to equity in a biotechnology company, and the sale
of IP in a chip company, among others.
. Implemented due diligence memo template, updated credit policy and
improved quarterly portfolio review process to provide greater
transparency to management as well as leverage automation
capabilities.
Life Sciences Capital, LLC 3/07 to 9/08
Debt and equity provider to venture backed and public life science
companies
Senior Vice President - Senior Credit Officer
. Co-founder of new subsidiary of Emigrant Bank
. Wrote credit and compliance policies, built pre-screen and
underwriting processes, liaised with Emigrant operations to establish
booking systems and processes.
. Originated first booked deal through industry network.
GE Life Science Finance 8/01 - 3/07
Debt and equity provider to venture backed and public life science
companies
Senior Vice President - Senior Risk Manager
. Built credit team from 1 junior analyst to 7 professionals and
developed internal processes and systems to support growth of
portfolio from $100MM to peak of $500MM, while reducing losses from a
peak of 90 bps to zero for 2006.
. Instituted pre-screen process to ensure that proposals issued by sales
met credit criteria and had appropriate structure, reducing credit
declines following awards to less than 2%.
Diane Earle, page 2 of 2
Leasing Technologies International, Inc. 8/99 -
8/01
Equipment leasing company specializing in venture backed high technology
companies
Treasurer
. Closed on first agented warehouse facility and instituted interest
rate hedging program.
. Directly responsible for all bank relationships, eventually working
with five bank workout groups post-bubble to establish a mutually
agreeable plan for repayment.
. Key player in due diligence surrounding purchase of company by
regional energy company as well as transition plan.
. Member of Credit Committee
Fleet Bank, NA (via predecessor NatWest USA) 3/90 -
8/99
Regional Bank
Vice President - Commercial Lending
. Only CT-based commercial lender at NatWest USA to be retained by Fleet
upon merger.
. Spearheaded NatWest's small corporate effort in Connecticut, building
a customer base of 20 new borrowing relationships in the first year.
. Won over top priority prospect through sale of foreign exchange
capabilities, gaining entry to $125MM agented senior secured debt
facility, following 6 years of unsuccessful calling by previous
lending officer.
. Built proficiency in interest rate and foreign exchange hedges, cash
management, corporate finance and other complex financial services.
Union Trust Co. 8/89 - 3/90
$3B commercial bank
Vice President - Commercial Lending
. Rehired by former employer following Bank of New England failure
Connecticut Bank & Trust (subsidiary of Bank of New England) 9/87 -
8/89
Regional bank
Vice President - Community Lending
. Managed portfolio of 35 accounts and established new relationships
with 15 prospects over the course of my tenure.
. Selected to cover Bridgeport portfolio following illness of senior
lender and Waterbury portfolio following termination of fraudulent
lender, evidencing senior management's confidence in my relationship
management skills.
Union Trust Co. 9/82 - 9/87
$3B commercial bank
Vice President - Retail Lending
. Hired into Management Training Program, a rotational program providing
exposure to all aspects of banking as well as formal credit training.
. Selected to replace senior lender at Southington National Bank,
following acquisition by Union Trust. Key goals were customer
retention and transition to new lending standards.
Education
Fairfield University, BA Economics, 1982 Magna cum laude
Other
Six Sigma Green Belt Certified
Contact this candidate