Executive Changes

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Wauwatosa Holdings Inc. of Wisconsin said Douglas S. Gordon would become its president and chief executive officer Jan. 1.

He also will fill those positions at Lamplighter Financial MHC, the mutual holding company that owns 68% of Wauwatosa Holdings, and the CEO position at the $1.58 billion-asset Wauwatosa Savings Bank.

In all those jobs he will succeed Donald A. Stephens, who will retire.

Mr. Gordon is the president and chief operating officer of the bank.

Wauwatosa Holdings also said Patrick S. Lawton will succeed Mr. Stephens as the chairman of the bank and both companies when Mr. Stephens retires. Mr. Lawton has been a director of the bank since 2000 and of both companies since last year.

Mr. Lawton is the managing director of the fixed-income capital markets group at Robert W. Baird & Co., a Milwaukee investment bank.


National Bancshares Corp. of Orrville, Ohio, has promoted Marc Valentin to chief financial officer of its $303 million-asset First National Bank and senior executive vice president at the company and the bank.

Mr. Valentin, who had been a vice president at the company and the bank, will remain the company's treasurer.

Before becoming the bank's CFO he had been its controller since last year. Before that he had led human resources and development at the bank, which he joined in 2004.

Earlier he had been the controller for eight years at Contours Ltd., a steel wire manufacturer in Orrville.


Mercantile Bancorp Inc., a $1.5 billion-asset multibank holding company in Quincy, Ill., has named Ted T. Awerkamp to succeed Dan S. Dugan as its president and chief executive officer.

Mr. Dugan will step down as the president and CEO on March 1 but will remain Mercantile's chairman.

Mr. Awerkamp is the company's secretary and a vice president, a job he has held since 1994. He also has been the president of its largest bank, the $581 million-asset Mercantile Trust and Savings Bank, since last year.

Before his promotion to president of Mercantile Trust he had been its chief operating officer and an executive vice president for 12 years.

From 1988 to 1992 he had been the president of Mercantile Bancorp's State Bank of Hamilton. Still earlier he had worked for two years as a bank examiner for Illinois.


WESTHeritage Financial Corp. of Olympia, Wash., said its president, Brian L. Vance, also would become its chief executive officer Sunday.

He will succeed Donald V. Rhodes, who will remain the chairman of the $825 million-asset bank holding company and its two units: Heritage Bank and Central Valley Bank.

Mr. Vance also will remain the president and CEO of Heritage Bank and the vice chairman of Central Valley Bank.

He has been the CEO at Heritage Bank and the president of the parent company since last year and the bank's president since 1998. He joined the bank in 1996 as its senior vice president of loan administration.

He has 30 years of commercial banking experience.


SOUTHEASTTIB Financial Corp. of Naples, Fla., has given Stephen J. Gilhooly the additional job of chief financial officer of the company and its $1.2 billion-asset TIB Bank.

He will remain the parent company's treasurer, a job he has held since joining the company in April as an executive vice president.

Before that he had been the director of investment banking in the financial institutions group at Advest Inc., a Hartford, Conn., unit of Axa Group SA of Paris that Merrill Lynch & Co. Inc. bought in December. He had worked at Advest for 15 years.

Before that he had been the CFO and an executive vice president at New Hampshire Savings Bank Corp. for four years.

As the new CFO at TIB Financial and its bank, Mr. Gilhooly succeeded David P. Johnson, who will remain the bank's treasurer and an executive vice president. A press release said Mr. Johnson will work to expand the bank's treasury operations and develop strategies to "meet liquidity and funding needs associated with TIB's ongoing rapid growth."

He had held the CFO jobs since 1999. Before that he had been the bank's controller and an investment officer.

He joined the bank in 1987 as an assistant cashier.


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