Board of Managers
Grow Michigan’s Board of Managers understands the unique characteristics and complexities of running lower middle market businesses. Their backgrounds enable them to be supportive to all key company and management decisions, build corporate strategies, develop and execute financial strategies and offer unique operating expertise and perspective.
Kenneth Kelly (Kenneth) serves as Chairman and CEO of First Independence Bank, a minority depository institution, based in Detroit, Michigan. He is a respected leader in the banking community, currently serving as Chairman of the National Bankers Association. In 2018, he was named to the Federal Reserve Bank’s Seventh District Community Depository Institutions Advisory Council (CDIAC). Mr. Kelly was also selected to become a member of the Federal Deposit Insurance Corporation Chairman’s Advisory Committee on Community Banking which is charged with providing advice and recommendations to the FDIC on a broad range of community banking policy and regulatory matters. In October 2020, he is expected to be seated on the American Bankers Association Board of Directors. Mr. Kelly has testified as an expert witness before the U.S. Congressional House Financial Services subcommittee on consumer protection and financial institutions and has provided input to the full committee of the House Financial Services during its COVID19 listening session. Also, Mr.Kelly provided input and advice to the Secretary of Treasury and White House Staff during COVID19 on the state of minority banks.
Mr. Kelly’s leadership in various organizations has culminated in him being selected as the chairperson of the Auburn University Engineering Alumni Council. In this role, Mr. Kelly works with a successful group of alumni including many CEOs to assist the dean of the college with research and development, fundraising, academic achievement and overall guidance to the college to become the best student-centered program in America. In 2019, the dedication of the new Brown Kopel Engineering Student Achievement Center included the naming of the Kenneth Kelly Engineering Academic Excellence Program Reception Area.
Prior to banking, Mr. Kelly enjoyed a 27 year career as an electric utility business leader in numerous roles within Southern Company. His last role entailed negotiating acquisitions of large renewable solar projects valued at $3.4 billion in partnership value. In 2018, Mr. Kelly was inducted as the 137th Distinguished Auburn Engineer. On February 22nd, 2020 he was inducted into the State of Alabama Engineering Hall of Fame.
Mr. Kelly grew up in Eufaula, Alabama and received an electrical engineering degree from Auburn University and completed the executive MBA program at the University of Alabama.
Rich Baird was appointed Senior Advisor and Transformation Leader to Michigan Governor Rick Snyder in October of 2013. Prior to that, he was the CEO of MI Partners, LLC, a Michigan-based consulting company contracted (full time) by the Snyder administration in January, 2011. He retired January 1, 2019 with the inauguration of Governor Whitmer.
Baird worked with the Governor and his leadership team to reinvent and transform Michigan. Baird has played key roles to address risk, financial solvency, organizational redesign and performance, talent assessment, financially distressed city turnaround strategies, public safety and infrastructure, economic/workforce development, labor disputes and education reform.
Baird served as co-leader (with U.S. District Court Judge Sean Cox) of the mediation team which led to the creation of the Great Lakes Water Authority (4.2 million ratepayers) and assisted U.S. District Chief Judge Gerald Rosen in the successful resolution of creditor disputes under the Detroit bankruptcy. He created the Office of Good Government and the Office for Performance Transformation for the State of Michigan, designed the Governor’s Council on Law Enforcement and Reinvention (CLEAR), and has been actively involved in pension redesign, enhancing opportunities for the disabled, ex-offender rehabilitation, and tax payer reform.
Throughout 2016, Baird served as the Team Leader for “Mission Flint” which coordinated the State’s partnership with the City of Flint and the related (nearly $300) million appropriation to address problems arising from the water crisis and assist with economic/workforce development, medical and education initiatives.
In 2010, Baird retired from PricewaterhouseCoopers, LLP as global and U.S. leader of people and change management. From 2003–2008, he was global managing partner – people, responsible for human resources and learning & education for PwC’s 150,000 partners and staff in 150 countries, while serving on the 14-partner global leadership team. He also held positions as Operations Partner for the U.S. Assurance and Business Advisory practice through the 1990’s. From 1997 to 2000, Baird was President of Compass.com, a company sold to TMP Worldwide (Monster.com) in 2000.
Baird has been referenced in various professional publications for his work in talent management, including The Wall Street Journal, Global HR News, Newsweek, Economist, and Chicago Tribune.
Baird currently serves as Treasurer of the Michigan Education Excellence Foundation and is a former member of the board for the Grow Michigan Investment Fund. He serves on the board for the American Center for Mobility, and began an 8 year term as a Regent for Eastern Michigan University in 2019. He is also a board member for Chance for Life, a rehabilitation program currently operating in 10 Michigan State prisons.
Baird is a life member of the board of trustees for United Methodist Homes and Services and a past member of the AIESEC U.S. board of directors and global advisory steering committee. An avid conservationist, he also served on the board of the Great Lakes Protection Fund.
Baird received his bachelor’s degree from Albion College and was a trustee for 12 years, including five years as chair. He received an honorary Ph.D. from Albion College and from Eastern Michigan University.
Baird is married (Linda) and they have 3 adult children ranging in age from 22 to 33 years old.
Henry J. Brennan, III
Henry J. Brennan, III
Mr. Brennan is a founding member of Grow Michigan, LLC. He is a partner with Howard & Howard, PLLC and provides legal counsel to Grow Michigan, LLC. He concentrates his practice in mergers and acquisitions, corporate finance and real estate.
Mr. Brennan is AV Rated by Martindale Hubble (its highest rating based on peer review), he has also been consistently designated as a Top Lawyer by DBusiness and a Michigan Super Lawyer.
Brennan in addition has been a founder and equity partner in several business ventures, including A3 Integration, TradeLogix and FreightVerify. Mr. Brennan serves on several corporate boards and advisory committees, in addition to being involved with several civic and philanthropic organizations.
He received a B.A. in Economics and English from the University of Michigan and a J.D. from Wayne State University Law School.
Chief Development Officer
With more than 20 years of entrepreneurial experience in energy, real estate and construction, Derron
Sanders serves as the Founder/CEO of Sanders Management Group, Ltd. and Managing Partner of SG
Energy Solutions a niche energy business that specializes in the gas-powered turbine industry.
After graduating from Michigan State University, Mr. Sanders joined Johnson Controls, Controls Group,
as a Sales Engineer from 1996-1999. Subsequently, Mr. Sanders joined Walbridge (a nationally-ranked
construction company) where he served as Director of Business Development from 1999 – 2002.
While working full time, Mr. Sanders began his real estate career in 1997 with his initial purchase of a
small two-family flat on the City of Detroit’s west side and established Sanders Group in 2000. Since then,
Mr. Sanders has bought, renovated, sold, and managed over 4.5 million square feet of residential and
commercial office space within the State of Michigan and has acquired and/or managed over $170Million
in multifamily apartments.
In 2010, Mr. Sanders founded SG Energy Solutions which provides field services to utility companies and
turbine manufactures in the power generation industry. From professional on-site teams to unmatched
digital field services tools, we offer our clients a full spectrum of solutions around the globe.
As SG’s primary visionary, Mr. Sanders oversees the internal operations of the company and is responsible
for the successful implementation for all financing, construction, and marketing strategies for SG.
Additionally, Mr. Sanders currently serves on the boards of First Independence Bank, the Detroit Athletic
Club, the Detroit Regional Chamber and Grow Michigan II. Mr. Sanders also is a member of Alma College
President’s Advisory Council.
Mr. Sanders received his B.S. in Electrical Engineering degree from Michigan State University and an MBA (Finance emphasis) from Wayne State University.
Chris Cook is Director of Capital Access for the Michigan Economic Development Corporation (MEDC) and has over 11 years of experience in the financial services industry. In his role at MEDC, he is responsible for the design, implementation, and management of a variety of programs intended to increase the availability of capital to small businesses operating in Michigan. These programs support a range of financing from micro lending through lower middle market opportunities. Prior to joining MEDC, Chris worked for the Michigan Certified Development Corporation, a provider of SBA 504 lending. Prior to his work in the financial services industry, he worked as a pricing administrator for Dart Container Corporation.
Chris received a B.A. in Supply Chain Management from Michigan State University. In addition to his role on the Board of Managers for Grow Michigan, he is also a member of the Advisory Committee for Develop Michigan, a real estate development fund.
Douglas R. Luciani
Mr. Doug Luciani is President and CEO of the Traverse City Area Chamber of Commerce, including its subsidiaries, the Traverse Bay Economic Development Corporation and the Traverse City Area Chamber Foundation. He was appointed to the board of Grow Michigan, LLC in September of 2012.
Luciani has 25 years of experience in labor relations, community and economic development and trade association leadership. He began his professional career in Kansas City where he worked for the Greater Kansas City Chamber of Commerce in both transportation and environmental programs as well as in community and economic development.
Mr. Luciani studied political science and English at Central Michigan University and holds a Master of Public Administration degree from the University of Massachusetts.
Board Member & Audit Committee Chairman
Patrick M. McQueen is a Managing Director of McQueen Financial Advisors, providing an array of consulting services to financial institutions. McQueen serves on the Board of Directors of EnerBank USA (Salt Lake City) and serves as Chair of the Audit Committee for Grow Michigan.
Previously, he served in varying capacities, including Chairman, President and C.E.O. of The Private Bank and successor banks. Previously, McQueen spent eight years in State Government, serving as the Commissioner of Banking and briefly, as the Acting Commissioner of Insurance. The first 24 years of his banking career was spent with Comerica Bank, and its predecessor, Manufacturers National Bank.
Current assignments include serving on the Michigan Gaming Control Board, the Motor City Lyric Opera Board, the Kelly (Services) Relief Fund Board and the Oakland Community Foundation Board. McQueen holds a B.B.A. From the University of Michigan-Dearborn and an M.B.A. From Michigan State University. McQueen also graduated from the Graduate School of Retail Banking at the University of Virginia.
He and his wife, Catherine, reside in Bloomfield Hills. All three children reside in the area.
to be determined
to be determined
to be determined
to be determined
to be determined
To be determined