CHICAGO—Sterling Bay Companies has just hired Michael Keesey as its chief financial officer. Company officials say he will lead the financial management of the firm's operations and play a key role in implementing the company's strategic growth plan.
Keesey steps into the role at a time when Sterling Bay is experiencing significant growth. The firm recently acquired and redeveloped 111 North Canal, 400 South Jefferson and 1000 West Fulton. Last fall, Sterling Bay completed the purchase of 221 North LaSalle St., which the firm plans to renovate, lease and manage. In recent months, companies such as Google, Twitter, GoGo, Hillshire Brands and Uber have all chosen to occupy Sterling Bay properties.
Furthermore, as reported in GlobeSt.com, last summer it entered into a partnership with New York-based J.P. Morgan Asset Management that makes the latter a co-developer of the many Near West Side buildings Sterling has bought since 2012.
“Michael's financial leadership and experience working for private equity firms and growing organizations is impressive,” says Andy Gloor, principal. “He possesses the right skills to lead Sterling Bay as it continues to expand – we are thrilled he has joined our team.”
Keesey has 30 years of experience, with the last 16 years in the C-suite. He joins Sterling Bay from Riordan, Lewis & Haden Equity Partners in Los Angeles, CA, where he was chief financial officer and chief compliance officer of the $700 million private equity and growth capital firm. While there he developed best practices for corporate governance and controls used across the firm's entire portfolio of companies.
Before that he served in the same capacity at CHS Capital LLC where he designed the back office operations that supported the firm's growth from $500 million to $2 billion in assets under management.
He earned a MBA degree from Northwestern University's Kellogg School of Management and a Bachelor of Science from the University of Illinois. A registered certified public accountant in the state of Illinois, Keesey also previously served on the Illinois Venture Capital Association Legislative Committee.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
