Executive Changes

MIDWEST

West Shore Bank Corp. in Ludington, Mich., has hired Raymond A. Biggs as its president and chief operating officer.

Mr. Biggs was the president and chief executive officer of Michigan Heritage Bank in Farmington Hills. He has worked in the banking industry since 1991. He will start his new job Feb. 2. He will also become the CEO at the $326 million-asset West Shore in May, when Thomas A. VanBuren will retire.

 


 First Chicago Bancorp of Itasca, Ill., has hired Katie Thorne as its senior vice president of retail banking and Thomas Doherty as senior vice president of small-business banking.

Ms. Thorne was a senior vice president at MidAmerica Bank. Before that she had been the director of retail sales and service. Earlier she had been a regional manager. Before joining MidAmerica, she had held several jobs at Gary Wheaton Bank (now part of JPMorgan Chase & Co.) in Chicago. In her new position, she will oversee the branches of First Chicago Bank and Trust.

Mr. Doherty was a group senior vice president at LaSalle Bank. Before that he had been the manager of business banking for the Midwest. Earlier he had been a business banking manager for Bank One in Chicago.

First Chicago Bancorp has $942 million of assets.


MIDDLE ATLANTICSandy Spring Bancorp in Olney, Md., has promoted Daniel J. Shrider to president and chief executive officer of the company and its Sandy Spring Bank.

Mr. Shrider had been the company's chief credit officer and executive vice president of commercial credit services since 2003. He has worked for the $3.1 billion-asset company since 1989 and succeeded Hunter R. Hollar, who will remain the company's nonexecutive chairman.

 


 Ridgewood Savings Bank of New York has promoted five of its senior officers.

Peter M. Boger has become the $4.1 billion-asset bank's chief operating officer. He was the chief lending officer and will remain an executive vice president.

Leonard Stekol, Anthony J. Simeone, and Rosemarie Mignogna have been promoted to senior vice president.

Mr. Stekol also has become the chief financial officer. He was a vice president and the treasurer.

Mr. Simeone has become the chief lending officer. He had been a vice president and commercial lending officer.

Ms. Mignogna will remain the chief technology officer. She was a vice president.

Hala Elbedewe has succeeded Mr. Stekol as the treasurer. She was the chief accounting officer and will remain a vice president.

 


 Republic First Bancorp of Philadelphia has hired Jay Neilon as a senior vice president and senior credit officer.

Mr. Neilon was the senior credit officer for Pennsylvania at Commerce Bank of Cherry Hill, N.J. Toronto-Dominion Bank bought Commerce last year.

Republic First has $962 million of assets.


WESTTriCo Bancshares in Chico, Calif., said Rick Hagstrom has retired as the chief operations officer of its Tri Counties Bank.

Mr. Hagstrom had held that job since joining the $1.98 billion-asset bank in 1996, when its parent bought Sutter Butte Savings Bank, where he had been president.

As the chief operations officer, he oversaw the bank's mortgage business. Tri Counties Bank said it will reallocate resources to cover Mr. Hagstrom's duties.

 


 Umpqua Bank of Portland, Ore., has hired Kelly Johnson as the executive vice president of its asset management business.

Mr. Johnson was a senior managing director for RBC Wealth Management. He oversaw asset management for Oregon, central Washington, and Reno for the Royal Bank of Canada unit.

He will report to Ray Davis, the president and chief executive officer of the $8.3 billion-asset Umpqua Bank's parent, Umpqua Holdings Corp.

 


 Pacific State Bancorp of Stockton, Calif., promoted Justin R. Garner to chief financial officer.

Mr. Garner had been the interim CFO since September, when JoAnne Roberts died. Before that Mr. Garner had been the vice president and controller since joining the $425 million-asset Pacific State in January of last year. The promotion took effect Dec. 18.

 


 Community Bank of the Bay in Oakland, Calif., has hired William Keller as a senior manager of lending for the East Bay area.

Mr. Keller was the executive vice president and chief operating officer for Diablo Valley Bank until Heritage Bank of Commerce bought it in 2007.

Before joining Diablo Valley he had been the president and CEO of Bay Bank of Commerce, a subsidiary of Greater Bay Bancorp. Earlier he had been a senior vice president at Civic Bank of Commerce.

Community Bank of the Bay has $68 million of assets.

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