Executive Changes

MIDWEST

North Central Bancshares Inc. has hired David W. Edge as the chief financial officer of the company and its $451 million-asset First Federal Savings Bank of Iowa.

Mr. Edge came to the Fort Dodge company from Veterans Administration Central Iowa Health Care System, where he was the fiscal services chief. Before that he had been senior financial accounting leader at the $2.3 billion-asset online Principal Bank, a unit of Principal Financial Group Inc. in Des Moines.


SOUTHEASTBancshares of Florida Inc. in Naples has hired R. Mark Manitz as the president and chief executive officer of its $85 million-asset Bank of Florida in Fort Lauderdale.

Mr. Manitz was the manager of relationship-building strategy in the national consumer real estate division at Bank of America. Before that he had managed the small-business division of its Florida banking group.

He succeeded Martin P. Mahan, who will remain the chief operating officer of Bancshares of Florida. The company also owns the $210 million-asset Bank of Florida NA and Bank of Florida Trust Co., both of Naples.


Cardinal Financial Corp. of McLean, Va., has hired Robert A. Cern as its chief financial officer and that of its Cardinal Bank.

Mr. Cern was a senior vice president and the controller of Riggs Bank of Washington. Before that he had been the CFO of Permanent Bancorp Inc., which Old National Bancorp bought in 2000.


BankUnited Financial Corp. of Coral Gables, Fla., has hired Thomas E. Powell as the treasurer of its $8.3 billion-asset BankUnited.

He was a senior vice president of portfolio management and funding at SouthTrust Bank of Birmingham, Ala., which Wachovia Corp. bought Nov. 1. Before joining SouthTrust he had been a senior portfolio manager and a director at Strategic Fixed Income LLC of Arlington, Va.


WEST1st Centennial Bancorp of Redlands, Calif., has named Thomas E. Vessey as the acting president and chief executive officer of the company and its $333 million-asset 1st Centennial Bank.

He took up the reins from Timothy P. Walbridge, who resigned to start his own bank in southern California, the company said.

Mr. Vessey had been the chief credit officer and an executive vice president of the bank since 2002.

Before that he had been a senior credit officer and a senior vice president at Wells Fargo Bank. Still earlier he had been the senior credit officer at First Security Bank of California, whose parent, First Security Corp. of Salt Lake City, Wells Fargo & Co. had bought in 2000.


Silicon Valley Bancshares of Santa Clara, Calif., has hired Lynda Ward Pierce as its head of human resources.

Ms. Pierce was the vice president of human resources at Organic Inc., a Web development and marketing firm in San Francisco.

The banking company has also named David M. Clapper, Roger Dunbar, Joel P. Friedman to its board.

Mr. Clapper is the president and chief executive officer of Novacept Inc., a Palo Alto manufacturer of medical devices.

Mr. Dunbar, who has been an advisory member of Silicon Valley's board since 2001, had been the global vice-chairman of emerging growth markets at Ernst & Young International until retiring this year.

Mr. Friedman is the president of the business processing outsourcing business of Accenture Ltd.

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