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Top banking moves: Santander Holdings USA gets new head of risk

S&P Global Market Intelligence presents a weekly news summary of executive management and board chair-level changes in the bank and thrift industry.

May 23

The position of chief banking officer in Downingtown, Pa.-based DNB Financial Corp. and unit DNB First NA was eliminated as part of an internal restructuring.

Vince Liuzzi, who was executive vice president and chief banking officer of both entities, is no longer with the company.

* * *

Columbia Banking System Inc. named Craig Eerkes chairman of the board.

Eerkes succeeded William Weyerhaeuser. He has served on the boards of both the Tacoma, Wash.-based company and unit Columbia State Bank since 2014.

Weyerhaeuser, who has been serving as chairman since 2001, will retire from the board at the 2019 annual shareholders meeting. He will remain on the board as a director until his retirement.

* * *

Thomas Perciak was appointed vice chairman of Cortland Bancorp.

Perciak has been serving the boards of the Cortland, Ohio-based company and unit Cortland Savings and Banking Co. since 2016.

May 22

Santander Holdings USA Inc. appointed Mahesh Aditya chief risk officer.

Aditya will remain chief risk officer of Santander Bank NA and a board member of Santander Consumer and Banco Santander Puerto Rico. He succeeded Brian Gunn, who is now a special risk adviser to Scott Powell, CEO of Santander Holdings USA and Santander Consumer USA Holdings Inc.

* * *

Eagle Bancorp Montana Inc. Chairman Larry Dreyer is retiring, effective Oct. 18.

Dreyer is a former CEO of the Helena, Mont.-based company and has served on the company's board since 1990.

Vice Chairman Rick Hays will succeed Dreyer. Meanwhile, outside director Thomas McCarvel will become vice chairman.

* * *

Christine Toretti was appointed chairman of Indiana, Pa.-based S&T Bancorp Inc., following Charles Urtin's retirement. She previously served as the board's vice chairman.

Toretti is also the president of Palladio US LLC.

* * *

Scott Kingsley was named executive vice president and COO of De Witt, N.Y.-based Community Bank System Inc. and Community Bank NA. He is currently executive vice president and CFO of both entities.

Upon Kingsley's appointment, Joseph Sutaris will take on the role of executive vice president and CFO. Sutaris is currently senior vice president, finance and accounting.

Chief Credit Officer Joseph Serbun was promoted to executive vice president from senior vice president, upon the retirement of Executive Vice President and Chief Banking Officer Brian Donahue.

Serbun's responsibilities will be expanded to include supervision of the bank's lending and credit operations.

The appointments take effect June 1.

May 20

Oak View National Bank elected Earl Douple Jr. chairman. He has been a director of the bank since its launch in 2009.

Douple replaces Donald Yowell, who will remain on the board of the Warrenton, Va.-based bank.

May 18

Paul Derksen was appointed chairman of the board of Toronto-based Home Capital Group Inc.

Derksen is currently lead director for CI Financial Corp.

* * *

Dubuque, Iowa-based Heartland Financial USA Inc. named Bruce Lee CEO, effective June 1.

Lee is currently the company's president, a position he has held since 2015.

* * *

Vienna, Va.-based United Bank appointed Michael Fitzgerald president, the Washington Business Journal reported.

Fitzgerald is currently the vice chairman of the bank's board. He is also a director of parent United Bankshares Inc.

The position of president previously belonged to Christopher Bergstrom, who left the bank to become president and CEO of John Marshall Bank.

May 17

ATB Financial named Curtis Stange president and CEO. He currently serves as the chief customer officer of the Edmonton, Alberta-based company.

Stange will replace David Mowat, who will retire effective June 30.

* * *

Lighthouse Bank CFO Donald Soman has resigned due to personal reasons.

The Santa Cruz, Calif.-based bank named Vice President and Controller Angela Henderson interim CFO.

* * *

Dane Teruya was promoted to executive vice president and CFO of American Savings Bank FSB, BigIslandNow.com reported.

Teruya joined the Honolulu-based bank as treasurer in 2016.

American Savings Bank is a unit of ASB Hawaii Inc., which is itself a unit of Hawaiian Electric Industries Inc.