CTBC Senior Staff Biographies


Michael D. Sharkey

Executive Vice President, Asset Based Lending, Cole Taylor Bank
President, Cole Taylor Business Capital

Michael D. Sharkey joined Cole Taylor Bank in July, 2008, as executive vice president responsible for the bank’s asset based lending group. He oversees a nationwide market with regional offices in Atlanta, Baltimore, Chicago, Dallas, Kansas City, Los Angeles, Memphis, Milwaukee, Minneapolis, San Francisco, Seattle and Stamford.

Mr. Sharkey has more than thirty-five years experience in financial services, including 15 years at LaSalle Bank’s nationally-ranked asset based lending group. As president and CEO of LaSalle Business Credit, he helped build the group into the fifth largest asset based lending company in the United States. During his tenure at LaSalle, he also served as executive vice president for LaSalle Bank and ABN Amro. Mr. Sharkey began his career in financial services with GE Capital as a field examiner and loan officer, and moved on to Manufacturers Hanover Commercial Corporation where he served as senior loan officer. From there, he joined and within four years became president of StanChart Business Credit, which was ultimately acquired by LaSalle Bank.

Mr. Sharkey is a permanent member of the Executive Committee of the Commercial Finance Association, as well as past president and chairman of that organization. He is also past president of the American Brain Tumor Association.

Mr. Sharkey is a graduate of Rutgers University and J. L. Kellogg Graduate School of Management at Northwestern University.


Richard A. Simons

Group Senior Vice President

Richard A. Simons joined Cole Taylor Business Capital in 2008 as group senior vice president and is the head of credit for Asset Based Lending, in charge of managing the credit and monitoring its loan portfolio.

Mr. Simons has nearly 35 years of experience encompassing virtually all aspects of finance and asset based lending. Prior to joining CTBC, he was division manager for LaSalle Bank’s Metropolitan ABL Group,running a fully functional independent asset based lending office with full P&L responsibility and in charge of new business, portfolio management including retention and client service, and supervising liquidations and workouts as needed.He has served in similar senior positions as Senior Vice President and Regional Manager for both The CIT Group’s Star Division and Bank of America’s Commercial Funding Division. Earlier in his career, he served as a field examiner and account executive for both General Electric Credit Corporation and Northwest Acceptance Corporation, and also was a tax professional for Ernst & Young.

Mr. Simons is a graduate of University of Illinois with a degree in Accountancy, and is a Certified Public Accountant. He also holds a Juris Doctorate from Chicago Kent College of Law and entered the Illinois Bar in 1987.


Ellen T. Cook

Group Senior Vice President

Ellen T. Cook joined Cole Taylor Business Capital (CTBC) in 2008. Promoted to Group Senior Vice President and Head of Underwriting in 2012, she oversees CTBC’s team of underwriters, which is responsible for structuring and proposing on all new transactions nationwide. The team’s responsibilities also include credit due diligence and legal documentation on new transactions.

Ms. Cook has more than 25 years of experience in asset based lending, underwriting and finance. Before joining CTBC, she was with LaSalle Business Credit (Bank of America Business Capital, following Bank of America’s 2007 acquisition of La Salle Bank) as an Underwriting Manager and Portfolio Analyst Team Leader. She began her career as a lender with Bankers Trust in their asset based lending group and moved on to Heller Financial, in their cashflow lending group, before joining LaSalle in 1998.

Ms. Cook holds a B.S. in Accounting from Florida A&M University School of Business & Industry.


Bill Stapel

Group Senior Vice President

Bill Stapel joined Cole Taylor Business Capital (CTBC) in 2009 and is involved with virtually all aspects of the business. In addition to updating Cole Taylor Bank’s asset based lending policy, Mr. Stapel authored CTBC’s white paper on retail lending and is responsible for that product line. He implemented policy for mortgage warehouse lines and has approval authority for lines up to $2 million. Additionally, Mr. Stapel underwrites and manages the Bank’s investments in SBIC licensed mezzanine funds and manages an asset based lending portfolio.

Mr. Stapel has more than 25 years of experience in commercial banking and asset based financing, particularly in the field of credit administration, policies and procedures. Mr. Stapel began his career as an auditor with Heller Financial before accepting a position with StanChart Business Credit, which was eventually acquired by LaSalle Bank. At LaSalle, he served as first vice president for its asset based lending unit, LaSalle Business Credit, and then as senior vice president of LaSalle Bank, where he was the ABL credit officer and voting member of LaSalle Bank’s loan committees. When LaSalle was acquired by Bank of America in 2007, Mr. Stapel remained in the Risk function as one of the regional risk executives for Bank of America’s asset based lending unit, a position he held until joining CTBC.

Mr. Stapel is a board member of Rogers Park Montessori School, and Kitz & Pfeil, a Wisconsin-based chain of retail hardware stores.

Mr. Stapel is a graduate of University of Wisconsin (Madison) School of Business.


Dawn M. Dieter

Senior Vice President
Field Audit Manager

Dawn M. Dieter joined Cole Taylor Bank in 2005 as Collateral Monitoring and Field Audit Services Manager. She transitioned to the Bank’s asset based lending division, Cole Taylor Business Capital (CTBC), in a similar role when it was established in 2008.

Ms. Dieter has more than 20 years of asset based lending and field auditing experience. Before coming to CTBC, she was a loan officer for Orix Business Credit, handling asset based and cash flow lending. Prior to that, she spent more than ten years with the asset based lending groups of American National Bank (ANB) and Bank One.

Ms. Dieter is a member of Association of Certified Fraud Examiners.

She holds a B.A. in Accounting from North Central College and an MBA from Loyola University Chicago.