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John Crandall is an Executive Vice President and Manager of the Utah Public Finance Group for George K. Baum & Company, a national investment banking firm with an industry-leading municipal bond business founded in 1928. Since joining GKB in 1988, Mr. Crandall has represented the Firm on more than 562 Utah municipal bond issues totaling more than $19.5 billion.

Since entering municipal finance in the mid-1980s, Mr. Crandall has been very active in advising, structuring, enhancing and underwriting all types of municipal securities, focusing on utility revenue and general obligation transactions. During the past three decades, GKB has raised billions of dollars for Utah water, sewer and electric districts, raising capital for critical infrastructure. This capital has also provided meaningful impact to Utah's economic growth. An integral part of each financing is analyzing and modeling revenues, expenses and future capital costs, as well as presenting the financing credit to rating agencies and the general tax-exempt market. Almost 100 percent of highly rated taxexempt bonds are sold to investors domiciled outside the state of Utah. Mr. Crandall's experience has been a great benefit to numerous issuers, which include some of Utah's largest issuers.

Mr. Crandall currently serves as Chair of the State of Utah Private Activity Bond Authority Board and serves on the board of a Utah domiciled insurance company. He has a Bachelor of Science in Accounting with an emphasis in Tax Accounting and Finance from the University of Utah.

Case Studies - Utah

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