S&P Global Market Intelligence presents a weekly news summary of executive management and board chair-level changes in the bank and thrift industry.
Richard Hoban is stepping down as CEO of Frandsen Bank & Trust in December to assume another role focusing on finding acquisitions for the bank, (Minneapolis) Star Tribune reported. He has held the position for 30 years.
Chuck Mausbach, president of the Lonsdale, Minn.-based bank, will succeed Hoban.
Thomas Cherry was appointed CEO of Toano, Va.-based C&F Financial Corp. and unit Citizens and Farmers Bank, effective Jan. 1, 2019.
Cherry has been president of the company and the bank since December 2014, and will remain a member of the board. He will replace Larry Dillon, who is resigning Dec. 31.
Dillon will remain executive chairman of the company's board.
Illinois-based Bradford National Bank of Greenville named Mike Ennen president, WGEL reported.
Ennen succeeds Doug Stroud as president. Stroud will remain the bank's CEO, a position he assumed in 2016.
LBC Bancshares Inc. President and CEO Leonard Bateman Jr. will join Colony Bankcorp Inc. upon closing of the companies' deal.
Bateman will initially focus on ensuring a smooth transition in customer relationship and in overseeing growth strategies but his role will be expanded in the future.
Fitzgerald, Ga.-based Colony is acquiring LaGrange, Ga.-based LBC in a deal valued at approximately $34.1 million.
Isabelle Courville is leaving Laurentian Bank of Canada after she completes her term as chair of the bank's board at the annual shareholder meeting in spring 2019.
On the other hand, Michael Mueller joins the bank as its vice chair. The board plans to appoint Mueller as chair following his election by the bank's shareholders at the annual meeting.
Jeffersonville Bancorp Vice Chairman Wayne Zanetti is retiring from the company's board and unit Jeff Bank, effective Dec. 31.
Zanetti is a former president and CEO of the Jeffersonville, N.Y.-based entities.
R. Gregory Collins was appointed executive vice president and chief banking officer of Dunmore, Pa.-based FNCB Bank.
Collins previously was area president of Wells Fargo Bank NA's northeastern Pennsylvania region.
CCSB Financial Corp. appointed George McKinley chairman, according to the bank's website.
McKinley is a director of the Liberty, Mo.-based company and unit Clay County Savings Bank. He was re-elected to the company's board in 2017.
First Financial Bankshares Inc. appointed John Ruzicka executive vice president and chief information officer.
He was also named chairman, president and CEO of First Technology Services Inc., a unit of the Abilene, Texas-based company.
Ruzicka previously served as senior vice president of Heartland Financial USA Inc.
Mark Ponder was appointed executive vice president and chief administrative officer of Clayton, Mo.-based Enterprise Bank & Trust.
Ponder is principal accounting officer of the bank's parent, Enterprise Financial Services Corp. He will resign from this position once his successor is named.
Ponder has also served as senior vice president and controller of Enterprise Financial Services since 2012, as well as CFO of Enterprise Bank since August 2016.
Beacon Business Bank NA President and CEO Robert Lussier is retiring at the end of 2018, San Francisco Business Times reported. He has held the positions since 2015.
CFO Dennis Jang will assume Lussier's roles on an interim basis, while the search for a permanent successor is being conducted.
San Francisco-based Beacon Business Bank is a unit of Trans Pacific Bancorp.