WBD Sets New Senior Leadership Team

As previously announced, Jason Monnett is the new President of WBD, with Dan Schneider remaining as CEO. Jason is pleased to announce the senior management team for the organization, including several promotions. These promotions are a key part of WBD’s overall leadership transition.

	Kyle Kuntz has been promoted to Senior Vice President – Loan Origination. Kyle joined WBD in June 2010 as a credit analyst and earned subsequent promotions to loan officer and then vice president. In his new role, Kyle will oversee WBD’s loan officer team and will lead the organization’s sales efforts. He will continue to originate 504 loan projects in northeast Wisconsin.
	Nick Drewsen has been promoted to Senior Vice President – Operations. Nick joined WBD in May 2007 as a credit analyst and subsequently earned a promotion to loan officer, then vice president. In his new role, Nick will continue to serve lenders across southern Wisconsin to originate 504 loan projects. He will gradually assume operational responsibilities over the next two years, working closely with Wenda Roycraft and Randy Kyle.
	Wenda Roycraft will remain as Senior Vice President and Chief Credit Officer, as well as serving as President of WBD Service Company, an affiliate business serving as an SBA 7(a) lender service provider to financial institutions.
	Randy Kyle has been appointed Executive Vice President and Chief Operating Officer, returning to the role he held from 2015 to 2020. He will continue to oversee accounting, human resources, I.T., administration, marketing, governance and compliance.

“We have an incredibly experienced and talented team at WBD, and our senior leadership team is a great example,” said Monnett. “Nick, Kyle, Randy and Wenda all bring tremendous knowledge and expertise to their roles. They are passionate about our mission of serving small businesses and our lending partners throughout Wisconsin and Minnesota. Their leadership will serve us well into the new year and beyond.”