S&P Global Market Intelligence presents aweekly news summary of executive management and board chair-level changes inthe bank and thrift industry.
Leawood,Kan.-based AlterraBank and its President and CEO Pamela Berneking mutually terminated her employment withthe company.
DavidSeiler, COO of Madison, Wis.-based First Business Financial Services Inc., will becomeAlterra Bank’s interim president and CEO while the company looks for Berneking’sreplacement.
hiredGregory Guyett toserve as president and COO of both the company and its subsidiary, .
He was mostrecently with Johnson Controls as executive vice president of corporatedevelopment.
Iowa City,Iowa-based MidWestOne FinancialGroup Inc. named Kevin Kramer COO of the company and unit .
Kramer willassume the position Oct. 25.
A formerexecutive vice president and commercial banking director for and Hillcrest Bank NA,subsidiaries of Greenwood Village, Colo.-based , he willreplace Susan Evans, who announced her retirement in July.
Fitzgerald,Ga.-based Colony BankcorpInc. disclosed the retirement of Henry Brown Jr. as executive vice president and chiefcredit officer of the company and unit Colony Bank.
Montgomery,La.-based BOMpromoted Ronald Royto COO, the Natchitoches (La.) Parish Journal reported.
Roy joinedthe bank in 2007 as senior vice president in lending and a director. He willkeep the title of senior vice president.
BOM is aunit of Grant BancsharesInc.
McKinney,Texas-based Independent BankGroup Inc. President Torry Berntsen is resigning effective Oct. 5.
Theresignation also covers his position as director at the company and at thecompany's subsidiary, IndependentBank.
Chairmanand CEO David Brooks will become president of the company, while IndependentBank Group director G. Stacy Smith was appointed as a member of the board'sstrategic planning committee to replace Berntsen.
, a unit ofCircle I Bank GroupInc., promoted JoshMcKeever to chief credit officer, the Lubbock Avalanche-Journal reported.
McKeeverjoined the Lubbock, Texas-based bank in April 2013.
namedGreg Garner seniorvice president and COO and Tracey Hisaw senior vice president and chief riskofficer.
Garnerpreviously served as corporate retail and operations division manager. Hisaw isa certified internal auditor as well as a certified community banker auditor.
The PineBluff, Ark.-based bank is a unit of Jefferson Bancshares Inc.
Charlotte,N.C.-based NewDominionBank named ToddBogdan COO.
Bogdanpreviously was chief information officer at a financial institution based inAtlanta.
Once thepending betweenChicago-based Hoyne SavingsBank and Worth, Ill.-based Prospect Federal Savings Bank is completed, HoynePresident and CEO Ralph Carstensen will serve as CEO, and Prospect Presidentand CEO Steven Rosenbaum will serve as president and COO of Hoyne, andHoyne Savings MHC.
Hillsboro,Ore.-based Premier CommercialBancorp named JasonWessling CFO.
Wesslingwill also be CFO for PremierCommunity Bank.
Bob Ekblad,the previous CFO, will become executive vice president and COO.
Hingham,Mass.-based Hingham Institutionfor Savings' board elected Cristian Melej as vice president and CFO, effective Oct.17.
Melej wasCFO for C1 Bank, which was acquired by Bank of the Ozarks Inc. in July.
HinghamInstitution for Savings also disclosed the appointment of Assistant VicePresident/Controller and Interim CFO Eileen Trainor as vice president andtreasurer.
ForestHill, Md.-based MB BancorpInc. has parted ways with President and CEO .
PhilipPhillips will assume the post of president and CEO of the company and unitMadison Bank ofMaryland. He had been president and CEO of , until it wasacquired by Ellicott City, Md.-based Howard Bancorp Inc.
Phillipswill also become a member of the boards of the company and the bank Oct. 25,the effective date of Newton's resignation from the boards.
unitMercantile Bank ofMichigan promoted Ray Reitsma to president of the bank. Reitsma,who currently serves as West region president and senior lender, will bereplaced by Mark Augustyn. Augustyn is a founding employee of the bank andcurrently serves as regional commercial loan manager.
Doug Ouellettewas promoted to chief community banking officer. Ouellette will add the newrole to his existing responsibilities as central region president.
Kingston,N.Y.-based Ulster Savings Banknamed James Hastingsexecutive vice president and CFO.
Hastingshas over 40 years of banking and accounting experience. His career includesserving as executive vice president and CFO of Naugatuck, Conn.-basedNaugatuck Valley Savings andLoan.