Executive Changes

MIDWEST

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Oxford Bancorp in Michigan has promoted Eugene A. Mallia to assistant vice president of its Oxford Bank.

Mallia will remain the $361 million-asset bank's security officer, a title he has held since last year. He had been the card services manager since 2005, when Oxford created a card services department. He has been an officer of the bank since 2002.

Before that he had overseen the bank's credit card business since 1999. Earlier, he had been the manager of merchant services since 1996.


MIDDLE ATLANTIC

National Penn Bancshares Inc. of Boyertown, Pa., has hired Michael J. Hughes as its chief financial officer.

Hughes was the chief executive of BSCV Inc. and had also been the chief restructuring officer of Boscov's Department Store LLC since last year. Before that he had been the chief operating officer of the investment banking firm Griffin Financial LLC since 2002.

He began his career in 1979 as an audit supervisor at Ernst & Young LLC.

He succeeds Michael R. Reinhard, who will remain with the $9.6 billion-asset company as executive vice president and treasurer. Hughes will report to President and CEO Glenn E. Moyer, and will begin his job Aug. 31.

 


Amalgamated Bank of New York has hired Patrick O'Sullivan as an executive vice president and director of the institutional asset management and custody division.

O'Sullivan was the head of North American operations in UBS AG's infrastructure asset management office in New York. Before that he was the managing director of the global strategic planning department for UBS in London. Earlier he was the chief executive of UBS' business in Tokyo and the head of business development for the Asia-Pacific region. He worked for UBS for seven years.

Amalgamated Bank has $4.6 billion of assets.

 


First Commonwealth Financial Corp. of Indiana, Pa., has announced the resignation of Edward J. Lipkus 3rd, its executive vice president and chief financial officer.

Lipkus had been the $6.3 billion-asset company's CFO since 2007, when he was promoted from senior vice president and controller. He joined First Commonwealth in 2006.

Before that he was the first vice president, controller and principal accounting officer of Valley National Bank in Wayne, N.J.

He resigned to pursue other opportunities and not because of any concern related to financial matters, the company said.

Teresa Ciambotti, a senior vice president and the controller of First Commonwealth, will succeed Lipkus in the interim as CFO.


SOUTHEAST

Citizens First Corp. of Bowling Green, Ky., has rehired Steven Marcum as its executive vice president and chief financial officer of the company and its Citizens First Bank Inc.

Marcum had been a senior audit manager at Holland CPAs and a bank examiner with the Federal Deposit Insurance Corp. since January of last year. Before that he had held the same position he will resume at the $354 million-asset Citizens First Corp. since 2005. Earlier he was the CFO of Franklin Bancorp and its Franklin Bank and Trust. He began his career in 1977 at Holland.


SOUTHWEST

Amegy Bank of Houston has promoted Suzette W. Jones to executive vice president and head of the investments division.

Jones was a senior vice president and the head of retirement plan services for the $11 billion-asset bank and the president and chief executive of Amegy Insurance Agency Inc. She joined Amegy in 1995.


WEST

American Principle Bank of San Luis Obispo, Calif., has hired Thomas J. Beene as its president and chief executive.

Beene had been the president and CEO of Visalia Community Bank since 1996. Before that he was the president and CEO of California Valley Bank in Fresno. His banking career began in 1972 at Bank of America.

Beene will succeed Cole Minnick Jr., the interim CEO, when he begins his job Sept. 8.

American Principle has $176 million of assets.

 


Umpqua Bank, a unit of Umpqua Holdings Corp. of Portland, Ore., has hired Brad Bleything to head its new corporate banking division.

Bleything was a senior vice president and regional manager at Bank of the West. Before that he had held a similar job at West One Bank for 12 years.

Umpqua has $8.7 billion of assets.


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