Mountain West Small Business Finance Appoints Spencer Davis as CEO and Danny Mangum as President and COO, Boosting Support for Small Businesses and Economic Growth
Mountain West Small Business Finance is pleased to announce the appointment of its new executive leadership team, effective immediately. Spencer Davis has taken the helm as Chief Executive Officer, while Danny Mangum has been named President and Chief Operating Officer. This strategic move aims to further enhance the organization’s commitment to supporting small businesses and fostering economic growth in the region. The appointment was ratified on October 30, 2025, during the Q3 Mountain West Board Meeting, following a thorough succession planning process initiated in July 2024.
“In the face of economic uncertainty, this is a pivotal moment for Mountain West,” said Shelly Johnson, MWSBF Board Chair and ZIFI Director of Lending. “Spencer and Danny have been instrumental in shaping Mountain West’s culture and driving the company’s growth and success over the past decade. Their combined expertise and passion make them the ideal leadership team to propel Mountain West forward, ultimately benefiting the businesses and communities we serve.”
With over 12 years of combined leadership experience and 40 years of seniority within MWSBF, Davis and Mangum possess a deep understanding of the organization’s mission and values. Their extensive experience in small business lending has equipped them with the knowledge and skills necessary to navigate the complexities of the industry and provide tailored support to entrepreneurs and small business owners.
Davis, who joined MWSBF in 1996 as an administrative employee, has risen through the ranks, holding key positions such as VP, Loan Officer, and SVP, Senior Lending Officer. His dedication to small business development and commitment to the organization’s mission have been instrumental in driving growth and success.
Mangum, who joined the team in 2010 as a Credit Analyst, has also demonstrated a remarkable trajectory, transitioning to VP, Loan Officer, and eventually being promoted to Chief Operating Officer in 2019. His expertise in credit analysis and lending has been invaluable to the organization and its clients.
As seasoned loan officers, Davis and Mangum have made a significant impact on the small business community, with over 770 SBA 504 loan approvals, totaling $566,277,000 in debentures, and creating or retaining over 19,000 jobs.
“We’re excited about the future of Mountain West and the opportunities that lie ahead,” said Davis. “Our team is dedicated to supporting small businesses and empowering entrepreneurs to achieve their goals. We believe in the importance of small businesses in driving economic growth and job creation, and we’re committed to continuing our tradition of providing exceptional service and support to our clients.”
