S&P Global Market Intelligence presents a weekly news summary of executive management and board chair-level changes in the bank and thrift industry.
Oct. 9
California-based Silvergate Bank appointed Antonio Martino CFO. Martino was previously CFO of Atlanta-based LendingPoint.
Silvergate Bank is a subsidiary of Silvergate Capital Corp.
Oct. 8
Antlers, Okla.-based First Antlers Bancorp Inc. intends to merge with Broken Bow, Okla.-based Southeastern Bancshares Inc., the parent company of 1st Bank & Trust, according to a report in The Oklahoman.
Closing of the deal is anticipated to take place in the fourth quarter.
Robyn Batson will become a director and officer of the organization that will result from the merger of 1st Bank & Trust and FirstBank, a unit of First Antlers Bancorp. Batson is chairwoman, president and CEO of 1st Bank & Trust.
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Sheri Nicholson will be president of Billings, Mont.-based Beartooth Bank after Dickinson, N.D.-based American Bancor Ltd. completes its planned acquisition of Beartooth Financial Corp., the bank's parent company.
Oct. 4
Beloit, Wis.-based Blackhawk Bancorp Inc. disclosed the departure of its CFO, Mary McGovern. Todd James, the company's president and CEO, will assume the CFO duties until a successor is appointed.
Oct. 3
John Foster will succeed John McDearman III as president of Wilson Bank and Trust, a unit of Wilson Bank Holding Co.
Foster's appointment as president of the Lebanon, Tenn.-based bank is expected to become effective as of Jan. 1, 2020. He is executive vice president and chief consumer and commercial banking officer of Wilson Bank and Trust.
McDearman will become CEO of Wilson Bank and Trust upon the effectiveness of Foster's appointment as president of the bank. McDearman is also expected to become the president and CEO of Wilson Bank Holding on Jan. 1, 2020.
The leadership changes are being made in connection with J. Randall Clemons' planned retirement as the company's president and CEO and as the bank's CEO at the end of 2019.
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Roma Sayre stepped down as president of Ohio-based Home National Bank on Sept. 30, The (Pomeroy, Ohio) Daily Sentinel reported, citing a news release from the bank.
John Hoback was named Home National Bank's new president. He previously was executive vice president and senior lender of the bank.
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John Childs Jr. was named interim president and CEO of Milledgeville, Ga.-based Exchange Bankshares Inc. and unit Exchange Bank, The Union-Recorder reported, citing Exchange Bank Chairman William Allen.
Childs became the bank's executive vice president and senior lending officer in 2013.
