Management Team

Stephen Lewis has been working with small businesses since 1989, starting as a strategic and operations consultant and evolving to a small business owner, and ultimately to an investor and portfolio manager. As a senior member of Medallion Capital’s management team, Steve has been involved in over 100 investments since 1998, serving as a member of the Investment Committee, underwriting and monitoring many deals. Mr. Lewis serves on Medallion Capital’s board of directors and as an observer on many of Medallion’s portfolio companies. He is a past President of the Midwest Region of the Small Business Investor Alliance (SBIA) and also served on its National Board of Governors. Mr. Lewis has a BS in Mechanical Engineering and an MS in Industrial Engineering from Ohio University. When not working on deals, Steve can often be found on his fishing boat.

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Aaron Price is a Senior Vice President at Medallion Capital, where he is focused on business development, underwriting, and portfolio management. Prior to joining Medallion Capital, Aaron worked in all aspects of private equity buyout and subordinated lending for a Minnesota-based SBIC. Before that he held various roles in strategy, corporate development and operations at Turner Broadcasting and Cisco Systems (f/k/a) Scientific Atlanta. Aaron has a B.S. in finance from the University of Minnesota and an M.B.A. from Emory University. Aaron lives in suburban Minneapolis with his wife and three young children. In his spare time, he enjoys family vacations, fishing, hiking, and reading.

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Jack Johnson joined Medallion Capital in 2019 and focuses on evaluating new investment opportunities and monitoring portfolio companies. Prior to Medallion Capital, Jack spent several years working at Bayview Capital Group, a boutique investment bank focusing on lower middle market sell-side transactions. Jack has a B.A. in Finance and Economics from Northwestern College. Outside of work, Jack enjoys biking,skiing, traveling, and trying new restaurants.

Dean R. Pickerell has held an executive position with this SBIC since 1986. He has extensive experience in the areas of venture capital, buyouts, private equity, and subordinated debt lending. Dean has served on the Board of Directors of several public and private companies, including non-profit organizations, and served on the NAIC trade association Board. He has a Bachelor of Science degree in Economics from Iowa State University and completed course work for an MBA at Mankato State University.

Anna Drouches has served as the Controller of Medallion Capital since 2017. Prior to joining the team, she was the Controller for SBIC firm CVF Capital Partners, a Fund Accountant for venture capital firm Partech, and an Auditor for Deloitte. She is a Certified Public Accountant and received a B.S. in Accounting from St. Mary’s College of California.

Melissa Vannelli has more than 20 years of SBIC experience including SBA compliance and portfolio administration, marketing and assisting with accounting, HR and audits. Melissa holds a Bachelor of Science in Business Administration. Away from the office Melissa enjoys traveling and cheering on her family of hockey players