Parkvale Financial Corp. of Monroeville, Pa., announced the resignation of Timothy G. Rubritz, the vice president and treasurer of the company and senior vice president, treasurer and chief financial officer of its Parkvale Savings Bank.
Gilbert A. Riazzi will become the $1.9 billion-asset company's principal financial officer in the interim. Riazzi has been a senior vice president of the bank since 2003 and the chief information officer since 2002. Before that he was the audit-compliance director of the bank, which he joined as an internal auditor in 1992.
Rubritz will remain available to the company until Jan. 2 to ensure a smooth transition, the company said.
Peapack-Gladstone Financial Corp. of Gladstone, N.J., has promoted Vincent A. Spero to executive vice president and chief lending officer of its Peapack-Gladstone Bank.
Spero had been a senior vice president and senior commercial lender at the $1.4 billion-asset Peapack since he joined the bank last year. Before that he was a senior vice president at Lakeland Bancorp. He joined in 2000 as a vice president and commercial loan officer.
He will succeed Garrett P. Bromley, who will retire on Jan. 4, the company said.
Princeton National Bancorp Inc. in Illinois has promoted Thomas D. Ogaard to president and chief executive officer of the company and its Citizens First National Bank.
Ogaard joined the $1.2 billion-asset company in August as an executive vice president and banking group manager. Before that he was an executive vice president and the chief loan officer of State Bank of Park Rapids in Minnesota. He began his career in 1978.
Cornerstone Bancshares of Chattanooga, Tenn., announced the resignation of its chairman and chief executive officer, Gregory B. Jones.
Jones joined the $505 million-asset company and its Cornerstone Bank in 1999 as chairman, president and CEO. Before that he had been the chief financial officer of Pioneer Bancshares from 1994 to 1998. Earlier he had been the comptroller of Pioneer Bank since 1978.
Nathaniel F. Hughes will assume the role of interim CEO. Hughes has been a director, president and chief operating officer of Cornerstone Bancshares and its subsidiary since 2003.
Before that he had been an executive vice president and the chief financial officer since 1999. Earlier he had been a vice president and the chief investment officer of Pioneer Bancshares since 1994.
Tennessee Commerce Bancorp in Franklin has hired Martin Zorn as its chief administration officer.
Zorn had been the chief financial officer and executive vice president of finance and risk for Integra Bank since 2006. Before that he had been the chief risk officer since 2002. He joined Integra in 2001 as the executive vice president of commercial banking and metro markets. Earlier he had been a regional vice president and executive for Wachovia Corp. in Washington. D.C. Zorn began his career with Third National Bank in 1978.
Tennessee Commerce has $1.3 billion of assets.
East Carolina Bank of Engelhard, N.C., has hired James J. Burson as its chief revenue officer.
Burson will oversee efforts in the $858 million-asset bank's branches to drive customer service for its retail and commercial clients. He had been an adviser with Diamond Management and Technology Consultants. Before that he had worked as an adviser for MarkeTech Systems International since 1997, when he left PNC Financial Corp. At PNC he led strategic planning and distribution planning, merger integration and direct marketing for PNC Bank.
Burson began his career at LaSalle Bank.
First Private Bank and Trust in Encino, Calif., has hired John Tellenbach as its executive vice president and chief lending officer of commercial banking.
Tellenbach was the Southwest director of small-business banking at Wachovia Corp. Before that he worked for Wells Fargo & Co.
First Private Bank and Trust has $520 million of assets.
East West Bancorp of Pasadena, Calif., has promoted Julia S. Gouw to president and chief operating officer of its East West Bank.
Gouw had retired from the $12.4 billion-asset East West last year and returned to oversee the integration of United Commercial Bank, which East West bought in November. Before she retired she had been a vice chairman, executive vice president and chief financial officer of the bank since 1994. She began her career at East West in 1989 as controller.