NEW ENGLAND
Boston Private Bank and Trust Co. has named James C. Brown, its chief lending officer, to its senior management team.
Mr. Brown joined the $1.8 billion-asset unit of Boston Private Financial Holdings Inc. in 1999.
MIDWESTPrivateBancorp Inc. said that Wallace L. Head would join the Chicago company Jan. 1 as the chief executive officer designate of a subsidiary it is forming.
The unit, which the $2.4 billion-asset company expects to establish by the end of the first quarter, would combine PrivateBancorp's wealth management and trust business with its investment advisory unit, Lodestar Investment Counsel LLC.
Mr. Head has been the president and chief operating officer of Family Office Exchange LLC, a Chicago investment advisory firm that caters to high-net-worth customers, since 2002.
Before that he had been a senior vice president at Strong Capital Management Inc. and the CEO of its private-client business. Earlier he had been a managing director at Sanford C. Bernstein & Co. Inc.
He began his banking career in 1976 at Continental Illinois National Bank and Trust Co., which BankAmerica Corp. (now Bank of America Corp.) bought in 1994.
PrivateBancorp owns PrivateBank and Trust Co. in Chicago and PrivateBank in St. Louis. Mr. Head will join the board of the Chicago bank, which is the parent's main subsidiary.
SOUTHEASTCardinal Financial Corp. of McLean, Va., has hired Robert E. Bradecamp as the treasurer and an executive vice president for the company and its $1 billion-asset Cardinal Bank.
Mr. Bradecamp had been the treasurer at Riggs Bank of Washington for the past eight years. He began his banking career in 1975 at University National Bank of Rockville, Md. (The bank, through various acquisitions, is now part of Bank of America.)
SOUTHWESTSouthwest Bank of Texas in Houston has named Mark A. Wallace to its board.
Mr. Wallace is the president and chief executive officer of Texas Children's Hospital, also of Houston.
Southwest Bank is a $7 billion-asset unit of Southwest Bancorp. of Texas Inc.
WESTIntermountain Community Bancorp of Sandpoint, Idaho, has named Doug Wright the chief financial officer of the company and its $463 million-asset Panhandle State Bank.
He succeeded David W. Smith, who will remain a senior financial officer at the parent company and the bank until his retirement in May.
Mr. Wright, an executive vice president, had been the chief operating officer of Panhandle State since joining it in 2002.
That job has now gone to Pamela Rasmussen, a senior vice president.
Ms. Rasmussen had been the chief financial officer of Snake River Bancorp Inc. and its Magic Valley Bank, both of Twin Falls. (Intermountain bought Snake River last month.)
Temecula Valley Bank in California has hired William H. McGaughey as its chief operating officer.
Mr. McGaughey has also been named an executive vice president at the $595 million-asset unit of Temecula Valley Bancorp Inc.
He was a senior vice president and a secondary market manager at Bank of the West. He had worked for 14 years at the unit of BancWest Corp., itself a unit of the French company BNP Paribas.
At Temecula Valley he succeeded Luther J. Mohr, who will remain with the bank as an adviser until he retires in April, and as a director thereafter.
