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Top banking moves: Wells Fargo names risk chief; 2 US Bancorp execs retiring


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Top banking moves: Wells Fargo names risk chief; 2 US Bancorp execs retiring

S&P Global Market Intelligence presents a weekly news summary of executive management and board chair-level changes in the bank and thrift industry.

May 9

Knoxville, Tenn.-based SmartBank, a unit of SmartFinancial Inc., appointed Ron Gorczynski executive vice president and chief administrative officer.

Gorczynski previously served as chief accounting officer of Bank of North Carolina.

May 8

Banc of California Inc. named Jim Hazboun chief human resources officer.

Hazboun previously served as chief human resources officer and chief administrative officer of Hyundai Capital America Inc.

* * *

Eric Itambo is joining Greenwood Village, Colo.-based CoBank ACB as chief banking officer, effective July 1.

Itambo currently serves as managing director and head of U.S. commercial lending at Citigroup Inc.

* * *

WSFS Financial Corp. promoted Lisa Brubaker to executive vice president and chief technology officer and Peggy Eddens to executive vice president and chief associate and customer experience officer.

Brubaker replaces S. James Mazarakis, who left the Wilmington, Del.-based company to pursue other opportunities. She recently served as WSFS Bank's senior vice president and director of retail strategy.

Eddens had been with the company since 2007 and was recently executive vice president and chief human capital officer.

May 7

In Arkansas, Bank of Gravett Chairman and CFO Richard Pollreis will serve as executive vice president and city executive of Gravette, Ark., once Springdale-based Legacy BancShares Inc.'s pending acquisition of Gravett Bancshares Inc. is complete.

* * *

Wells Fargo & Co. appointed Amanda Norton chief risk officer, replacing Michael Loughlin, who is retiring.

Norton previously served as chief risk officer of consumer and community banking at JPMorgan Chase & Co. She is expected to join Wells Fargo in the summer.

* * *

Steven Shelton was named president and CEO of Oakland, Calif.-based California BanCorp and unit California Bank of Commerce. He is replacing Terry Peterson.

Shelton is a founder of California Bank of Commerce and previously served as executive vice president.

* * *

Cornelius, N.C.-based Aquesta Bank appointed Carrie Hewitt chief operations and compliance officer, succeeding Stephanie Cox, the Charlotte (N.C.) Business Journal reported.

Hewitt previously served as director of internal audit and compliance officer for Uwharrie Bank.

* * *

Samuel Davis is resigning from Patriot Bank NA, where was executive vice president and chief credit officer.

Meanwhile, David Christiansen was appointed executive vice president and senior credit officer.

The Stamford, Conn.-based bank is a unit of Patriot National Bancorp Inc.

* * *

Barry Ray was named CFO of Iowa City, Iowa-based MidWestOne Financial Group Inc. and unit MidWestOne Bank, effective June 4. He will take over the role from James Cantrell, who has been interim CFO since December 2017.

Ray was previously chief accounting officer and controller for Tacoma, Wash.-based Columbia Banking System Inc. unit Columbia State Bank.

Brock Lakely, who currently serves as vice president and director of accounting at Columbia Banking System, was promoted to senior vice president and chief accounting officer of the company and Columbia State Bank. His appointment takes effect June 1.

May 4

Two executives of Minneapolis-based U.S. Bancorp and unit US Bank NA are retiring.

P.W. Parker is planning to step down from his role as chief risk officer in the fall, while Jennie Carlson is planning to leave her role as chief human resources officer at the end of June.

* * *

Kenneth Rogers retired as chairman of Waterford, Mich.-based Clarkston Financial Corp.

Rogers became chairman of unit Clarkston State Bank in January 2007 and chairman of Clarkston Financial in August 2011.

Jeffrey Hakala, co-founder of Clarkston Capital Partners and Clarkston Capital family of mutual funds, succeeds Rogers as chairman.

* * *

Jeff Tengel was appointed president of Bridgeport, Conn.-based People's United Financial Inc. He has led the company's commercial division since 2010.

* * *

Gabe Guerra was named president and CEO of Kleberg Bank NA, the Corpus Christi (Texas) Caller-Times reported.

Guerra, who was president of the bank's Corpus Christi market, will replace Joe Henkel, who is retiring. Henkel will serve as vice chair.

The Kingsville, Texas-based bank is a unit of Kleberg & Co. Bankers Inc.

May 3

Rancho Cordova, Calif.-based American River Bank named Dan McGregor executive vice president and chief credit officer.

McGregor previously served as a loan/compliance consultant for AuditOne LLC as an independent contractor.

* * *

Rick Windes was appointed executive vice president and chief lending officer of Poplar Bluff, Mo.-based Southern Missouri Bancorp Inc. and unit Southern Bank.

Windes previously served as regional president for Bear State Bank.

* * *

Wilmington, Del.-based The Bancorp Inc. named Jennifer Terry managing director and chief human resources officer.

Terry previously served as vice president and senior manager of HR operations and delivery at TD Bank NA.

* * *

Greg Sigrist was named executive vice president and CFO of Tacoma, Wash.-based Columbia Banking System and unit Columbia State Bank, effective on or before July 1.

Sigrist fills the role vacated by Clint Stein.

* * *

John Stallings transitioned to the role of senior executive vice president of Richmond, Va.-based Union Bank & Trust so he can focus on his cancer treatment.

Stallings was appointed president of the Union Bankshares Corp. unit in September 2017, replacing then-CEO John Asbury.

Asbury was reappointed as president, effective immediately.

* * *

Brian Lilly will retire as executive vice president, CFO and M&A and strategy chief of Greenwood Village, Colo.-based National Bank Holdings Corp.

Lilly will serve in his current role through Aug. 10 and will then serve in a nonexecutive role through March 1, 2019.

Aldis Birkans, who currently serves as senior vice president and treasurer, will become executive vice president and CFO as of Aug. 10.