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Banking management and director moves


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Banking management and director moves

SNL 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 SNL.

* R. Clark Morton is set to retire from the board of Wheeling, W.Va.-based First West Virginia Bancorp Inc. at its 2017 annual meeting. Morton, a former company chairman, is an attorney-at-law and retired partner at the law firm of Herndon Morton Herndon & Yaeger.

Morton will remain an emeritus director of the company's unit, Progressive Bank NA.

* James Lockhart was elected to the boards of Mount Laurel, N.J.-based Sun Bancorp Inc. and subsidiary Sun National Bank. Lockhart's appointment, subject to regulatory approvals, will increase the size of the company's board to 11 from 10 members. Lockhart serves as vice chairman of WL Ross & Co. LLC.

* Jonathan Gunther was nominated for election to the board of American Fork, Utah-based People's Utah Bancorp, the parent of People's Intermountain Bank. Gunther has been a practicing physician since 2005.

* Cornelius, N.C.-based Aquesta Bank, a unit of Aquesta Financial Holdings Inc., named Russ Williams senior vice president and Greenville market president. Williams, who has almost 32 years of banking experience, most recently was senior vice president and commercial relationship manager at Blairsville, Ga.-based United Community Bank, a subsidiary of United Community Banks Inc.

* Birmingham, Ala.-based Regions Bank, a unit of Regions Financial Corp., named Yvonne Bos corporate credit executive, effective April 10. Most recently, Bos served as deputy chief credit risk officer in wholesale banking at Atlanta-based SunTrust Banks Inc.

* Grand Forks, N.D.-based Alerus Financial Corp., the parent of Alerus Financial NA, promoted David Norris to group president and director of sales and service and Sara Ausman to regional president of the Twin Cities.

Since 2008, Norris was the president for all of Alerus' Minnesota markets. Ausman previously was managing director of professional services and private banking.