20 Dec, 2021

BofA names Chicago president; JPMorgan appoints investor relations head

S&P Global Market Intelligence presents a daily roundup of management and board changes in the bank and thrift industry. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.

Bank of America Corp. appointed Rita Sola Cook Chicago president.

Most recently division executive for the Midwest and the mid-Atlantic regions of The Private Bank, Cook succeeds Paul Lambert, who announced his retirement after 30 years with BofA.

Chandler Root will take over from Lambert as Merrill division executive.

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JPMorgan Chase & Co. named Mikael Grubb head of investor relations, effective immediately.

Grubb, who has been part of the bank's investor relations team for the past three years, replaces Reggie Chambers. Chambers will take on the role of CFO and head of strategy for JPMorgan's commercial banking business.

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Toronto-based mortgage bank Terra Firma Capital Corp. added Christopher Voutsinas to its board of directors.

Voutsinas is president of Capital Value & Income Corp.

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Rufus Cormier Jr. joined the board of the Federal Home Loan Bank of Dallas to fulfill the unexpired term of an independent director, effective Dec. 14.

Cormier, a retired partner of law firm Baker Botts LLP, will serve on the board through Dec. 31, 2024.

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Onondaga, N.Y.-based Community Bank System Inc. appointed Jeffery Knauss an independent director on its board.

Knauss is CEO and co-founder of digital marketing and advertising firm The Digital Hyve.

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Bluefield, Va.-based First Community Bankshares Inc. added Beth Taylor to its expanded board of directors, effective Jan. 1, 2022.

Taylor, the mayor of Wytheville, Va., will also serve on the board of the company's unit, First Community Bank.

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Rancho Cordova, Calif.-based Five Star Bancorp and unit Five Star Bank named Donna Lucas to their board of directors, effective Dec. 16.

Lucas is president and CEO of public affairs firm Lucas Public Affairs.