First Republic, Stearns Bank and CIBC: Bankers on the Move
Succession planning was a recurring theme during the past several weeks as banks made key personnel moves to either give themselves a new leader or line up a clear successor.
For example, though First Republic Bank in San Francisco extended the contract of its longtime Chairman and CEO, it also positioned its president, Gaye Erkan, to potentially succeed Herbert when he eventually retires.
In St. Cloud, Minn., Kelly Skalicky succeeded her father Norm Skalicky as CEO of Stearns Bank. The elder Skalicky had led the bank since 1964, and will remain its chairman.
Additionally, CIBC named a president and CEO of its U.S. bank, while First Defiance Financial in Defiance, Ohio, and Banc of California also named new leaders.
Scroll down for a list of this month's key executive moves.