KYW Career News Report, September 23, 2018
KYW Career News Reports, September 16, 2018
Sept. 13, 2018 — Farmers & Merchants Bancorp, Inc. (“F&M”) (Nasdaq: FMAO), the holding company for Farmers & Merchants State Bank, announced today that Lars B. Eller has been appointed as the President and Chief Executive Officer of the Bank. As previously reported, F&M formed a search committee and engaged Kaplan Partners in May of this year to identify a successor to Paul Siebenmorgen, the current President and CEO of the F&M and the Bank, as he approaches retirement.
Mr. Eller earned his Bachelor degree from Concordia University, Montreal, Canada and Master of Business Administration from McGill University, Montreal, Canada. Mr. Eller started in banking with TD Bank Financial Group as a management trainee, and then moved on to be assistant manager, lender, fund sales representative, branch manager, underwriting manager, and area manager, before moving on to a successful career with progressively larger leadership roles at National City Bank. Mr. Eller then returned to TD Bank as Head of Wealth Management and then Senior Vice President of retail banking in Pennsylvania. He departed TD Bank to become director of sales and marketing at Clarity Advantage Corporation before joining Royal Bank America in 2013 as Executive Vice President and Chief Retail Banking Officer. Royal Bank America was a $900 million asset publicly held community bank based in the Philadelphia, Pennsylvania area prior to its acquisition in 2017. Most recently he has worked as a consultant for Cambridge Savings Bank. Mr. Eller has a son and twin daughters. He enjoys hockey and soccer.
Kevin Sauder, Chairman of the Search Committee stated that “We are very pleased to have found in Lars a personable and talented banker who has experience at both large national and regional banks as well as community banks like F&M. We look forward to welcoming him as a part of the F&M family.” Mr. Eller stated “I am very excited to join a strong and growing community bank and am anxious to get started and work closely with our employees to better understand the customers and communities served by F&M.”
Paul Siebenmorgen, President and CEO of F&M, said “I have had an opportunity to meet with Lars and think he will be a good fit for F&M. I look forward to working with him during this transitionary period.” Mr. Siebenmorgen will remain as President and CEO of F&M until his retirement from that position, which is anticipated in early 2019. At that point, Mr. Eller will assume the additional office of President and CEO of F&M. It is anticipated that Mr. Siebenmorgen will remain on the Board of Directors of F&M after his retirement as an officer of the Company.
About Farmers & Merchants Bancorp, Inc.: Farmers & Merchants Bancorp, Inc., Archbold, Ohio, is the holding company of Farmers & Merchants State Bank, which was established in 1897. The Bank serves the financial needs of individuals, farmers, businesses, and industries by offering traditional banking products, as well as online, mobile and telephone banking products. F&M’s common shares are traded on the NASDAQ Capital Market exchange under the symbol “FMAO.” Additional information on F&M may be found on its website: www.fm.bank.com.
This list highlights some of our current search assignments. If you think you are well qualified for one of these opportunities, you may e-mail your resume to Kaplan Partners for potential consideration. In addition, if you know someone who might be a prospective contender for one these roles, please make a confidential connection.
- President Midwest Regional Bank
- CFO, P & C Insurance Company
- EVP – Technology and Operations, Community Bank
- SVP – Mortgage Banking Division Head, Regional Bank
- Director of Finance, Large Non-Profit Organization
KYW Career News Reports, September 2, 2018
KYW Career News Reports, August 26, 2018
August 24, 2018 PHILADELPHIA, PA – The National Association of Corporate Directors (NACD) Philadelphia Chapter announces the addition of five highly regarded leaders to its Board of Directors. Nominating and Governance Committee Chairman Alan J. Kaplan of Kaplan Partners stated, “Our Nominating and Governance Committee explored many quality prospective board members, and worked long and hard to identify this diverse group of talented leaders. The collective experiences of these new board members span public companies, private businesses, not-for-profit organizations, institutional investors, the public sector and private-equity controlled firms. This group will contribute mightily to the ongoing success of the NACD Philadelphia Chapter.”
The new Board Members include:
• Glenn Booraem, Principal and Investment Stewardship Officer, The Vanguard Group, Inc.
• James P. Dunigan, President, The Union League of Philadelphia; Director, Provident Financial Services, Inc. and Provident Bank, Economy League of Philadelphia
• Hon. Timothy A. Reese, Managing Director, Investment Banking, Quoin Capital, LLC; Director, PA Public School Employees’ Retirement System, Farol Asset Management; Former Treasurer, Commonwealth of Pennsylvania
• Patricia D. Wellenbach, President and CEO, Please Touch Museum; Director, StoneMor Partners L.P., Thomas Jefferson University
• Arlene Yocum, Director, AK Steel Holding Corporation; Former Executive Vice President and Managing Executive of Client Service, PNC Wealth Management
Chapter President and Acting Chairman Howard Brownstein added, “I look forward to leading the Chapter with the strong support of our talented board members. We will endeavor to continue to provide world-class programming and governance resources to the local director community. The addition of these five highly respected leaders will help to further grow the NACD Philadelphia Chapter and its impact throughout our region.”
The NACD Philadelphia Chapter serves NACD members throughout the Philadelphia region and greater Delaware Valley. To learn more about upcoming chapter programs, visit https://philadelphia.nacdonline.org/Events/ or contact Cassandra Brown, Executive Director, at firstname.lastname@example.org.
The National Association of Corporate Directors (NACD) empowers more than 19,000 directors to lead with confidence in the boardroom. As the recognized authority on leading boardroom practices, NACD helps boards strengthen investor trust and public confidence by ensuring that today’s directors are well prepared for tomorrow’s challenges. World-class boards join NACD to elevate performance, gain foresight, and instill confidence. Fostering collaboration among directors, investors, and corporate governance stakeholders, NACD has been setting the standard for board leadership for more than 40 years. To learn more about NACD, visit www.NACDonline.org.
KYW Career News Reports, August 12, 2018
KYW Career News Reports, August 5, 2018
KYW Career News Reports, July 29, 2018