Kris R. Salovaara

Kris R. Salovaara, Vice President, Business Development & Strategy

Kris Salovaara joined Crane as Vice President, Business Development in May 2011 and added responsibility for corporate strategy in January 2014. Kris works closely with the executive team and business units in all acquisition, divestiture and corporate strategy activities.

Kris has approximately 25 years of experience in the mergers & acquisitions, investment banking and business development arenas. Prior to joining Crane, Kris was a Managing Director at FBR Capital Markets & Co. where he was responsible for originating and executing a full array of investment banking services across a wide range of business segments, including industrial, educational services, media, transportation, financial services, and real estate.

Early in his career, Kris had increasing roles of responsibility in the Investment Banking Division of Goldman, Sachs, from where he was recruited to Bear, Stearns & Co. Inc. in the role of Managing Director for both the Media and Telecom Banking Groups in New York. Kris also held other senior positions at Helander Partners LLC, where he was a Managing Director, and Watch Hill Partners LLC, where he was a Founding Partner.


Duke University, B.A., Political Science
Darden School of Business, University of Virginia, M.B.A.