Synovos Adds Veteran IT Leader

Synovos, the Radnor, PA based leader in the supply chain and asset services sector, has announced that Dave Kaufman has joined the company as Chief Information Officer. In his new role, Dave will be responsible for all IT services including IT Infrastructure, Business Processes & Integration, Network Administration, Technical Training and Application Support. Dave is a highly strategic and hands-on technology leader with 30 plus years of business experience.

Dave’s experience spans pharmaceutical global supply chain, B2B professional services, consumer packaged goods, finance and retail. Prior to accepting this position, Dave served as VP Global Supply Chain and QIT for Schering-Plough, and Chief Information Officer for Aramark. Most recently, he ran a consulting firm, FIN Strategy Advisers. Dave graduated from New York University with a degree in Computer Science.

Dave brings significant experience working with Big Data (petabyte size), Predictive Analytics, and Data Warehousing. He also has deep eCommerce development experience across both Schering Plough and Aramark. This experience will help guide Synovos in meeting departmental and organizational goals and objectives.

Synovos is a thirty-year old provider of technology-driven, comprehensive supply chain and asset services. The company’s solutions drive increased productivity, profitability and global competitiveness for clients.

Old Point Names New CFO

Hampton, Va.,  June 1, 2017  —  (NASDAQ: OPOF)  Jeffrey W. Farrar today became Executive Vice President and Chief Financial Officer of Old Point National Bank and Senior Vice President and Chief Financial Officer of Old Point Financial Corporation.

Mr. Farrar began his career in public accounting with BDO Seidman and has more than 20 years of direct experience in banking. He served for 18 years as CFO for StellarOne Corporation, a $3 billion bank holding company, and as Director of Wealth Management, Mortgage and Insurance for Union Bankshares Corporation for the past 3 years. Mr. Farrar earned his B.S. in accounting from Virginia Tech, his MBA from Virginia Commonwealth University and is a Certified Public Accountant.

“Jeff’s deep financial and banking acumen will benefit the institution greatly as Old Point executes on its strategic plan. Jeff will be an integral part of the development and execution of our strategies for profit improvement and growth,” said Rob Shuford, Jr., President and Chief Executive Officer of Old Point National Bank.

In January of 2017, Old Point’s current CFO, Laurie Grabow, announced her intention to retire in the summer of 2017.  Old Point engaged Kaplan Partners, an executive search firm headquartered in Philadelphia, to lead the search for a new Chief Financial Officer. Laurie began her career with the bank in 1986, and subsequently became Chief Financial Officer of Old Point National Bank and Old Point Financial Corporation in 2000.   Old Point Financial Corporation’s Chairman, Robert F. Shuford, Sr. said, “Laurie contributed greatly to the growth of this organization and will be deeply missed.”

Old Point Financial Corporation is the parent company of The Old Point National Bank of Phoebus, a locally owned and managed community bank serving all of Hampton Roads and Old Point Trust & Financial Services, N.A., a Hampton Roads wealth management services provider.  The bank currently has assets in excess of $900 million, and 18 locations throughout the Hampton Roads region.

 

 

Provident Bank Adds Veteran Chief Information Officer

ISELIN, N.J., May 24, 2017 – John Kamin, of Red Bank, NJ, has been named Executive Vice President & Chief Information Officer of Provident Bank. In this position, Kamin will be responsible for the management and enhancement of the bank’s technology infrastructure, as well as the strategic oversight of the bank’s third party technology service providers. In addition, he will play an essential role in the ongoing development and deployment of the bank’s digital delivery channels and the innovation of service and product delivery alternatives.

“We are delighted to add John to our executive management team. John’s impressive knowledge of the industry, extensive experience in business technology and enterprise systems, and his expertise in successfully implementing strategy, will greatly enhance our ability to deliver innovative, best-in-class financial services to our customers and clients,” said Christopher Martin, Chairman, President and CEO, Provident Bank.

Prior to joining Provident Bank, Kamin – who has more than three decades of experience in the financial services and information technology industries – was Executive Vice President, Chief Information Officer with Old National Bank, a $15 billion institution in Evansville, IN, where he was responsible for the bank’s technology strategy and all technology-related activities. While at Old National Bank, he successfully reoriented IT as a key business enabler, upgraded key infrastructure components, and successfully integrated seven acquisitions and numerous consolidations by instituting new methodologies and efficiencies. Kamin also held senior leadership positions with Wells Fargo, Wachovia, and Advanta Corporation.

“I am thrilled to join the talented team at Provident Bank. The bank has a long tradition of providing the highest level of customer service while delivering innovative solutions to its’ clients. Provident has a solid reputation for consistently delivering strong performance and growth. I look forward to collaborating with my new colleagues to enhance the bank’s offerings and to further engage existing clients and obtain new ones,” said Kamin.

Kamin received a bachelor’s degree from Rutgers University. He has a long history of service to non-profit organizations. He served as the board chair of Youth First, board chair of the IT Alliance for the University of Southern Indiana, board member for National Public Radio local affiliate, and as a board member of the American Red Cross, where he served on the Strategic Planning Committee.

About Provident Bank
Provident Bank is a community-oriented bank offering “Commitment you can count on” since 1839. The bank is a wholly owned subsidiary of Provident Financial Services, Inc. (NYSE: PFS), with assets of $9.5 billion as of March 31, 2017. Provident Bank provides a comprehensive suite of financial products and services through its network of branches throughout northern and central New Jersey and eastern Pennsylvania. The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company.

New CCO at Equity Bank

Wichita, KS, May 22, 2017 — (NASDAQ: EQBK)    Equity Bancshares, Inc., the Wichita-based holding company of Equity Bank, announced the promotion of  Julie Huber, Executive Vice President, who will take on a new leadership role – serving to direct Mergers and Acquisitions integration and strategic initiatives for Equity. The Company is replacing her Chief Credit Officer responsibilities with the hiring of Scott Smits, who is being named as Executive Vice President and Chief Credit Officer of Equity Bank.

In her new executive role, Ms. Huber will specialize in strategic initiatives and management for Equity Bancshares, Inc. Ms. Huber will lead Equity’s implementation during merger integrations, and will support Equity Bancshares’ merger pipeline through research, development and planning efforts. Ms. Huber will also oversee strategic projects for the Company, including efforts related to innovation, process improvement, and customer service.

Mr. Smits will be based in Equity’s corporate headquarters, and will oversee Equity’s credit administration and loan operations personnel, processes, and decisions throughout Equity’s footprint, encompassing 37 branch locations.  Smits joins Equity after 9 years in executive credit and risk management positions for Standard Bank and Trust Co. (“Standard”) in Hickory Hills, Illinois.

Brad Elliott, Chairman and CEO of Equity, said, “we’re fortunate to continue to bolster our leadership team with seasoned and sophisticated banking talent, and we’re pleased to welcome Scott. He will be an outstanding resource for our lenders, managers and customers throughout our markets. Organic growth is a focal point for us, and adding Scott to our team helps us ensure continued loan growth and high asset quality.”

Mr. Smits served as Executive Vice President and Chief Risk Officer for Standard beginning in 2014, prior to Standard’s merger into First Midwest Bank on February 3, 2017. Smits served as Executive Vice President and Chief Credit Officer from 2008 until 2014. Mr. Smits’ risk management background also includes 11 years with Crowe Horwath, overseeing business development and client relationship management as an Executive.  Mr. Smits began his banking career in Fairlawn, N.J. in 1987 at Columbia Bank and worked in numerous bank management roles prior to joining Crowe Horwath. He is an alumnus of Calvin College in Grand Rapids, Mich. and earned his M.B.A. from Webster University in St. Louis, Mo.

Equity Bancshares, Inc. is the holding company for Equity Bank, offering a full range of financial solutions, including commercial loans, consumer banking, mortgage loans, and treasury management services. As of March 31, 2017, Equity had $2.4 billion in consolidated total assets, with 37 locations throughout Kansas, Missouri, and Arkansas, including corporate headquarters in Wichita, Kansas.

 

Queenstown Bank Names New CEO

Queenstown, Maryland;  May 18, 2017     Queenstown Bank of Maryland is pleased to announce the appointment of Kevin B. Cashen as President and Chief Executive Officer. Kevin joins the bank with over 30 years of banking experience.

Kevin was the founding CEO of Bay Bank and Bay Bancorp, Inc. which opened in Lutherville, MD in 2010.  He previously also spent time at Easiloans, LLC a start-up technology company developing an online marketplace focused on mortgage lending.

Kevin began his career with Loyola Federal Savings & Loan in 1984 before moving to Signet Bank in 1985.  As a Senior Vice President at Signet, he led several initiatives within the real estate lending division in the Baltimore and Washington metropolitan areas. During that time, he founded the Real Estate Capital Markets Group to direct the bank’s commercial real estate banking efforts.  In 2001, Kevin was appointed Senior Vice President of Chevy Chase Bank and President of its consumer finance subsidiary. Later he co-managed the banks multi-billion-dollar commercial banking division.

Kevin holds a Master of Science in Real Estate from John Hopkins University, a Master of Business Administration from the University of Baltimore, and a Bachelor of Science in Business and Finance from Mount St. Mary’s University.  He has earned many accolades for his efforts including E & Y Entrepreneur of the Year, Maryland – 2014; Smart CEO Magazine – 2013 Circle of Excellence CEO Finalist; and the Baltimore Business Journal – 2011 Power 20 Top Future Leaders in Baltimore.

Kevin succeeds the retiring J. Thomas Rhodes, Jr., who is working to ensure a smooth leadership transition.  “Kevin is a true community banker and understands being involved in the community is a large part of the job.  I really feel he is the right person to lead us in the future as we continue to prosper,” said Rhodes.   “We congratulate Tommy on his exceptional career at Queenstown Bank, and for his business and community leadership on the Eastern Shore,” Patrick Thompson, Chairman of the Board said in a statement. “Tommy has been a strong advocate of our core values, including putting people first. He will leave behind a remarkable legacy.”

Queenstown Bank of Maryland was established in 1899 and currently has eight branch locations within Maryland’s Queen Anne’s, Talbot and Caroline Counties.

 

John Melcher Joins Beneficial

Philadelphia, PA March 20, 2017 — (NASDAQ: BNCL) John Melcher joined Beneficial Bank as Senior Vice President and Director of Human Resources. He succeeds Cecile Colonna, who retired after 42 years with the bank.

Melcher comes to Beneficial Bank after six years with AmeriSource Bergen, where he served as Vice President, Human Resources. In this role he provided strategic, operational, and consultative guidance on all facets of HR including compensation, organization structure, workforce planning, and employee relations. He simultaneously established a fully integrated corporate HR Center of Expertise function that was strategically aligned with the business to optimize organization-wide performance.

Prior to AmeriSource Bergen, Melcher was with TD Bank, where he served as Vice President of Strategic Learning for the Commercial and Operations Divisions. He previously served as a senior human resources leader with Wells Fargo and predecessor banks in several markets.

Melcher holds a Bachelor of Business Administration and Management degree from Florida Atlantic University, and a Master of Science in Organizational Management from Pfeiffer University.

Beneficial is a community-based, diversified financial services company providing consumer and commercial banking services. Its principal subsidiary, Beneficial Bank, has over $5.8 billion in assets, has served the Delaware Valley area since 1853. The Bank is the oldest and largest bank headquartered in Philadelphia, Pennsylvania, with 62 offices in the greater Philadelphia and South New Jersey regions.

New Technology Leader Joins Board of Pensions

Philadelphia, PA March 6, 2017 The Board of Pensions of the Presbyterian Church (U.S.A.) has hired Doug Batezel as Vice President, Information Technology. Prior to joining the Board of Pensions, Doug served as Managing Director of Beneration, LLC. In his new role he will report to the Chief Operating Officer of the organization.

Doug previously spent 22 years in a variety of marketing and technology leadership roles with Philadelphia-based Independence Blue Cross. Doug holds an undergraduate degree from Temple University and an MS degree from the University of Pennsylvania.

The Board of Pensions currently manages over $9 billion in pension assets, as well as a number of benefit plans covering thousands of current and former church employees and their families.

Peoples Bancorp Elects New Director

Marietta, OH, January 27, 2017 – Peoples Bancorp Inc. (“Peoples”) (NASDAQ: PEBO) today announced that Terry T. Sweet has been elected to its Board of Directors, as well as the Board of Directors of Peoples’ Ohio state banking subsidiary, Peoples Bank.  Mr. Sweet, 65, is a former partner of KPMG LLP (“KPMG”), a professional services company and one of the “Big Four” U.S. accounting firms, which is headquartered in New York City, New York. He retired from KPMG in 2012.

“We are delighted that Terry has joined our Board,” said David L. Mead, Peoples’ Chairman. “The knowledge he brings from nearly 34 years of financial services industry public accounting experience will be of tremendous value to us.”

Chuck Sulerzyski, President and CEO of Peoples, said that he too is pleased with Sweet’s election. “As an audit engagement partner and bank practice leader with KPMG for many years, Terry oversaw the execution of hundreds of financial institution audit engagements. He is an excellent addition to our Board, and I am thrilled that he has joined us.”

Mr. Sweet was employed by KPMG from 1979 to 2012, and was admitted as a partner in 1989. From 2006 to 2012, he was Filing Review Partner for KPMG’s U.S. Capital Markets Group in London, England and New York City, New York, where he served as the lead filing review partner for the U.S. capital raises and related regulatory filings of KPMG’s largest financial services clients. From 1989 to 2006, he was Audit Engagement Partner and SEC Reviewing Partner in the Philadelphia office of KPMG where he served as the lead audit partner on public and private banking and finance company audits throughout the Mid-Atlantic area.  A Certified Public Accountant, Mr. Sweet holds a Master in Business Administration degree from Lehigh University and a Bachelor of Arts degree from Pennsylvania State University.

Peoples is a diversified financial products and services company with $3.4 billion in assets, 79 sales offices, including 71 full-service bank branches, and 78 ATMs in Ohio, West Virginia and Kentucky. Peoples makes available a complete line of banking, investment, insurance, and trust solutions through its subsidiaries – Peoples Bank and Peoples Insurance Agency, LLC. Peoples’ common shares are traded on the NASDAQ Global Select Market® under the symbol “PEBO”, and Peoples is a member of the Russell 3000 index of US publicly traded companies. Learn more about Peoples at www.peoplesbancorp.com.

Equity Bank Names President

Wichita, KS, January 26, 2017 — (NASDAQ:EQBK), the Wichita-based holding company of Equity Bank, has announced the addition of a President to oversee the operating function, lending and strategy of Equity Bank throughout its 34 branches.  Wendell Bontrager will join Equity on February 20, 2017. Bontrager most recently served as Region President for Old National Bank in Fort Wayne, Indiana. Bontrager will report to Equity’s Chairman and CEO, Brad Elliott, who attributes the addition of a bank president to the Company’s continued growth.

“Wendell is a great fit strategically for Equity Bank, and is also a key fit within our Company’s culture and future plans. We expect that Wendell will be a tremendous resource as we continue to grow from a $2 billion bank,” said Elliott. “We’re at the point in our organization that merits the addition of a strong leader to help us continue our path of organic growth, and managing the newly merged companies into our organic growth platform. Wendell has worked for financial institutions large and small, helping banks define competitive strategies, develop customers, and navigate business combinations. He’ll be a great fit for Equity Bank.”

Mr. Elliott will continue to serve as the Chairman of the Board of Directors and CEO of both Equity Bank and Equity Bancshares, Inc.

Mr. Bontrager served as Executive Vice President for Tower Bank & Trust Company (“Tower”), headquartered in Fort Wayne, Indiana.  He was employed from March 1999 through Tower’s merger into Old National Bancorp on April 25, 2014, and oversaw Tower’s transition from Tower Bank to Old National Bank in 2014. He led Old National’s northeast sales efforts following the combination.

Bontrager began his banking career in Fort Wayne in 1992 and is an alumnus of Goshen College (Goshen, Ind.). He has been active in the northeast Indiana and Fort Wayne communities throughout his career, including board memberships with the Northeast Indiana Regional Partnerships and DuPont Hospital, and is a Future 40 Award Recipient of 2006, awarded by the Fort Wayne Business Journal.

Equity Bancshares, Inc. is the holding company for Equity Bank, which offers a full range of financial solutions, including commercial loans, consumer banking, mortgage loans, and treasury management services. As of December 31, 2016, Equity had $2.19 billion in consolidated total assets, with 34 locations throughout Arkansas, Kansas and Missouri.

 

Old Point CFO to Retire After 31 Years

Hampton, VA, January 19,, 2017    Old Point Financial Corporation (NASDAQ: OPOF) announced today that after more than three decades of dedicated service to Old Point National Bank and parent Old Point Financial Corporation, Laurie Grabow, Executive Vice President and Chief Financial Officer has announced her intent to retire in the summer of 2017.

Old Point Financial Corporation’s Chairman, Robert F. Shuford, Sr. said, “I’ve known Laurie for many years and her commitment to this bank, our employees, and the stockholders is unmatched.  She contributed greatly to the growth of this organization and will be deeply missed.  However, at Old Point, we value family, so we are delighted that Laurie will be able to spend more quality time with both her children and grandchild.”

Old Point has engaged Kaplan Partners, an executive search firm headquartered in Philadelphia, to lead the search for a new Chief Financial Officer.  Kaplan Partners specializes in attracting C-level executives to clients in the banking and financial services industry.  Rob Shuford, Jr., President and CEO of Old Point National Bank added, “Laurie’s dedication through the recession positioned our company well for the future.  She certainly won’t be easy to replace, but we are confident that a strong candidate who believes in the values of community banking will emerge.  This is an exciting time to be at Old Point and it’s a great time to live in Hampton Roads.”

Old Point Financial Corporation (“OPOF” – Nasdaq) is the parent company of The Old Point National Bank of Phoebus, a locally owned and managed community bank serving all of Hampton Roads and Old Point Trust & Financial Services, N.A., a Hampton Roads wealth management services provider.