Speaking on “Financial Pitfalls with Scale Finance” panel.
Mr. Draughon President and CEO of KeySource Commercial Bank has been in investment banking for approximately 20 years and was previously a Managing Director/Senior Vice President for Anderson & Strudwick, Inc., a full service brokerage firm headquartered in Richmond, Virginia. Mr. Draughon also previously served on the Board of Directors for Smith River Community Bank of Martinsville, Virginia and Millennia Community Bank of Greenville, North Carolina. Prior to Anderson & Strudwick, Mr. Draughon was the Chairman and CEO of Convenience USA, Inc., an operator of over 250 convenience stores, from 1998 to 2002. During the mid-1990s, Mr. Draughon was a Managing Director with the investment banking firm of Baxter Fentriss. From 1989 to 1993, Mr. Draughon was Senior Financial Analyst for Montrose Capital, a merchant banking group. Mr. Draughon began his career in banking with Wachovia Bank from 1984 to 1989 as an Assistant Vice President. Mr. Draughon received an MBA from Wake Forest University’s Babcock School of Management in 1984 and a BA from Brigham Young University in 1982.