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Top banking moves: State Bank of Davis names CEO; State Farm Bank hires CFO


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Top banking moves: State Bank of Davis names CEO; State Farm Bank hires CFO

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

March 28

State Bank of Davis, a unit of Foresight Financial Group Inc., appointed Linda Heckert president and CEO, effective April 2.

Heckert, who will replace Mary Hartman, previously was senior vice president and director of retail and business banking at Northwest Bank of Rockford, another subsidiary of Foresight Financial.

* * *

Pacific Premier Bank named Michael Karr chief risk officer, and Donn Jakosky executive vice president and chief credit officer.

Karr, who is a senior vice president of the Irvine, Calif.-based bank, previously was chief credit officer. Meanwhile, Jakosky was deputy chief credit officer since December 2017.

Pacific Premier Bank is a subsidiary of Pacific Premier Bancorp Inc.

* * *

Bank of New York Mellon Corp. named Nancy Reyda COO of technology.

Reyda previously served as head of transformation and change, business management, and risk and controls at Bank of America Corp.

March 27

The OCC approved Chris Mosteller's appointment as MidSouth Bank NA's chief banking officer, a new position created after the departure of Jeff Blum, the bank's former chief lending officer.

Mosteller joined the Lafayette, La.-based bank in 2016 as its North Texas regional president.

MidSouth Bancorp Inc. is the parent of MidSouth Bank.

* * *

Thomas Kelley was appointed vice chairman of Seattle-based Washington Federal Inc.

In connection with this, the current title of Executive Chairman Roy Whitehead will change to chairman of the board.

Kelley will succeed Whitehead as chairman when he retires on Dec. 31.

March 26

Mark Debes was named chief banking officer of McKenney, Va.-based Touchstone Bank.

Debes, who previously was senior vice president for retail banking and marketing at Fauquier Bankshares Inc. unit Fauquier Bank, replaces Ellen Allen.

* * *

John Korona is planning to retire as president and CEO of Mansfield Co-operative Bank at the end of 2018, The (North Attleboro, Mass.) Sun Chronicle reported.

In July, Meg McIsaac will become president of the Mansfield, Mass.-based company, while Korona will continue serving as CEO through the end of 2018. McIsaac will then take on the CEO role in January 2019.

March 22

Hillsdale County National Bank named Erik Lawson CFO.

Lawson previously held the same position at Rocklin, Calif.-based Five Star Bank, a unit of Five Star Bancorp.

The Hillsdale, Mich.-based bank is a unit of CNB Community Bancorp Inc.

* * *

Ramsey Hamadi was appointed chief strategic officer of Richmond, Va.-based Bay Banks of Virginia Inc.

Hamadi recently was chief administrative officer of American National Bank and Trust Co., a unit of American National Bankshares Inc.

* * *

Boston-based State Street Corp. appointed Ian Appleyard executive vice president, global controller and chief accounting officer, effective May 9.

Appleyard recently was a managing director and member of the finance leadership team at Credit Suisse Group AG.

* * *

Bloomington, Ill.-based State Farm Bank FSB named Brian Lewand CFO, a position previously held by Rob Parent.

Lewand previously was CFO for TIAA's banking subsidiary.

State Farm Bank is a unit of State Farm Mutual Automobile Insurance Co.

* * *

Helena, Mont.-based Eagle Bancorp Montana Inc. Vice Chairman James Maierle is set to retire at the company's annual meeting to be held on April 19, according to SNL data.

Maierle was president of Morrison-Maierle Inc. from October 1997 to January 2006.

SNL is owned by S&P Global Market Intelligence.