President - Tampa Market
SunTrust Bank (now Truist)
Tim Schar is the Market President for the Tampa Bay Area in the Florida Division of SunTrust Bank. He has primary market responsibility for the Bank’s Commercial Banking activities, including relationships with for profit, not for profit, government and education institutions.
Schar has over two decades of leadership and investment banking experience with Bear Stearns, Credit Suisse, Wachovia and Wells Fargo. He held various leadership positions, including Head of Convertibles and Equity Derivatives Group at Wachovia (2002 – 2007), Managing Director of West Coast Global Market Solutions at Credit Suisse (2007-2009) and Head of Tech, Media Telecom Equity Capital Markets at Wells Fargo (2010 – 2016). In these roles, he built and managed high-performing teams and focused on originating and executing complex capital markets transactions.
Schar has advised public and private companies on financing and strategic transactions across multiple industries and geographies, with significant expertise in technology, media, telecom, fintech, healthcare and industrial sectors.
Immediately prior to joining SunTrust, Schar was Chief Financial Officer and Chief Compliance Officer for ApplePie Capital, the leading online alternative lender focused on franchised businesses. He also served as VP of finance and interim-CFO at ServiceSource International, prior to its IPO in 2011.
He received a BA degree in Economics, with concentrations in Mathematics and Computer Science from Macalester College.
Schar and his wife are raising four daughters and live in Tampa, FL. When he is not working or spending time with his family, he enjoys cycling, running, swimming and skiing.