Wall Street veteran Paul ‘Tim’ Thompson III has joined Veterans Affairs lender NewDay USA as chief financial officer.
Thompson is the former chairman and CEO of The Darby Creek Co., an investment banking consulting firm. Prior to that, he served as managing director and CEO of the Kelso Mezzanine Fund. He also served as managing director of Credit Suisse First Boston and of Donaldson, Lufkin & Jenrette (DLJ) Securities Corp., where he was chief credit officer of the investment banking group and chairman of the credit commitment committee.
Prior to joining DLJ, Thompson was with First Boston Corp., where he worked in the project finance group and later started the acquisition finance group. Thompson was also a senior managing director of FBR & Co.