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Enterprise said Tuesday that its banking subsidiary has reached a deal to buy Gorman & Gorman Home Loans, a division of F&M Bank and Trust in Hannibal, Mo.
March 19 -
Enterprise Financial in St. Louis, Mo., has fully exited the Troubled Asset Relief Program.
January 10
Enterprise Financial Services (EFSC) in St. Louis has extended its chief executive's contract by one year.
Peter Benoist will remain CEO of the $2.6 billion-asset company through Dec. 31, 2014, the bank said Wednesday. His previous contract would have expired at the end of 2013. Under the new contract, Benoist will be eligible for two cash bonuses of $250,000 each, the news release said.
Benoist, 65, received $770,000 in total compensation last year, according to a
He has been president and CEO of Enterprise since 2008. He joined its banking unit as chairman and CEO in 2002.
Benoist "successfully led Enterprise through the most difficult economic period since the Great Depression," Chairman James Murphy said in a news release. "At the same time, while preserving the company's sound financial footing during the financial crisis, he had the foresight to capitalize on opportunities that were presented during that time."
This month Enterprise
