S&P Global Market Intelligence presents a weekly news summary of executive management and board chair-level changes in the bank and thrift industry.
Feb. 7
Codorus Valley Bancorp Inc. and unit PeoplesBank A Codorus Valley Co. terminated the employment of A. Dwight Utz without cause.
Utz was executive vice president and COO of the York, Pa.-based company, while he was president and CEO of the bank.
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Santa Ana, Calif.-based Banc of California Inc. appointed Kris Gagnon chief credit officer.
Gagnon previously held the same position at Pasadena, Calif.-based CIT Bank NA.
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Green Bay, Wis.-based Associated Banc-Corp appointed Matthew Braeger executive vice president and chief audit executive.
Braeger previously was deputy chief audit executive. He replaced Patrick Derpinghaus, who is retiring on March 1.
Nicole Kitowski was also promoted to executive vice president and chief risk officer.
Kitowski was the company's deputy chief risk officer. She succeeded Randall Erickson, who was appointed general counsel and corporate secretary.
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Alvina Lo joined Wilmington Trust Corp. as chief wealth strategist.
Lo previously was director and senior wealth planner at Citi Private Bank.
The Delaware-based Wilmington Trust is a unit of M&T Bank Corp.
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Feb. 6
Oak Ridge, N.J.-based Lakeland Bank named John Rath III executive vice president and chief lending officer.
Rath was the Lakeland Bancorp Inc. unit's first senior vice president and group manager of New York commercial and middle-market lending.
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Texas-based Amarillo National Bank promoted Patrick Ware and William Ware to co-chairman and president, respectively, according to MyHighPlains.com.
The two, who previously were executive vice presidents, are sons of Richard Ware, who is the chairman of the Amarillo National Bancorp Inc. unit.
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Waverly, Iowa-based First National Bank President and CEO Rich Carlson is retiring, effective March 2, communitynewspapergroup.com reported.
Susan Whitson and Steve Willemssen will succeed Carlson as CEO and president, respectively.
Whitson most recently was CFO of the First of Waverly Corp. unit, while Willemssen was executive vice president and senior business banker.
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Darlene Carlson has retired as CFO of West Des Moines-based Bank Iowa, The (Shenandoah, Iowa) Valley News reported.
Jon Sarvis, who succeeds Carlson, most recently was CEO of TMG Financial Services.
Bank Iowa is a unit of Bank Iowa Corp.
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Clinton, Iowa-based CFB Holding Co. President and CEO Thomas Soenksen has retired, the Clinton (Iowa) Herald reported.
Soenksen has served as president and CEO of Citizens First Bank, a unit of CFB Holding, since March 2000 to July 2015.
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Gregory Thompson no longer holds the title of COO at Wilmington, N.C.-based Live Oak Banking Co. after the bank eliminated the position.
Live Oak Banking is a unit of Live Oak Bancshares Inc.
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Andrew Johnson Bank named Paige Hull president and CEO, The Greeneville (Tenn.) Sun reported.
Hull, who replaces James Hickerson, has been the chair of the bank's board since 2007.
The Greeneville, Tenn.-based bank is a unit of Andrew Johnson Bancshares Inc.
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Indiana, Pa.-based S&T Bancorp Inc. Chairman Charles Urtin is retiring, effective as of the company's May 21 annual shareholder meeting.
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Glens Falls, N.Y.-based Arrow Financial Corp. promoted Andrew Wise and David DeMarco to COO and chief banking officer, respectively.
Wise, who was also named senior vice president of the company, will continue serving as unit Glens Falls National Bank and Trust Co.'s executive vice president and COO.
Meanwhile, DeMarco will remain president and CEO of unit Saratoga National Bank and Trust Co.
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Clyde McFarland Jr. is retiring as CFO of Portsmouth, Va.-based TowneBank, effective in March.
McFarland will continue to serve on a consulting basis through March 2022.
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Jay-Ann Gilfoy was appointed CEO of Vancouver-based Vancity Community Investment Bank, effective March 1.
Most recently, Gilfoy was senior vice president of digital solutions and business technology at the bank's parent, Vancouver City Savings Credit Union.
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Feb. 5
Mutual of Omaha Bank named Dwayne Sieck president and COO.
Sieck most recently was chief lending officer and commercial bank president of the Omaha, Neb.-based bank.
Mutual of Omaha is a unit of Omaha Financial Holdings Inc., which in turn is a unit of Mutual of Omaha Insurance Co.
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Feb. 4
Craig Braget was appointed senior vice president and CFO of Forest City, Iowa-based MBT Bank, according to News-PressNow.com.
Braget joins the MBT Corp. unit from RSM US LLP.
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Feb. 2
Buckeye State Bank appointed John Kirksey executive vice president and CFO, and Gene Spurbeck senior vice president and chief credit officer.
The De Graff, Ohio-based bank is a unit of Buckeye Nation Interim Inc.
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Benjamin Lee succeeded UniBank Chairman Yong Han, who retired.
The Lynnwood, Wash.-based bank also appointed Simon Bai senior vice president and CFO.
Bai previously was vice president of financial reporting and analytics at Puget Sound Bank.
UniBank is a unit of U & I Financial Corp.
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Boston-based Admirals Bank named Marc White Jr. president and CEO, the Boston Business Journal reported. He succeeded Nicholas Lazares.
Admirals Bank is a unit of Federal One Holdings LLC.
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Peggy Wheeler was appointed COO of Mount Pleasant, Mich.-based Isabella Bank.
Wheeler, who most recently was senior vice president of operations, succeeded Jerome Schwind.
Isabella Bank is a unit of Isabella Bank Corp.
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Susan Black replaced David Scoffone as chairman of Pinnacle Bank.
Black, who is a founder of the Gilroy, Calif.-based bank, also served as president and CEO from 2008 to 2017.
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Feb. 1
Current CFO James Brannen was appointed president of Dover, N.H.-based Federal Savings Bank.
He is replacing James O'Neill Jr., who is retiring on May 17. On the same date, Brannen will also assume the CEO title from O'Neill.
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Stearns Bank NA named Kelly Skalicky president. She is the daughter of the bank's CEO Norman Skalicky and has served as general counsel for the last six years.
The Saint Cloud, Minn.-based bank is a unit of Stearns Financial Services Inc.
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President and CEO Greg Carmichael was appointed chairman of Cincinnati-based Fifth Third Bancorp, effective immediately.
Carmichael replaces Marsha Williams, who was named lead director.
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Lubbock, Texas-based Centennial Bank appointed C. Brett McDowell president.
McDowell, who is the bank's executive vice president and chief lending officer, replaced Gregg Appel.
Centennial Bank is a unit of Commerce BancShares Inc.
