Pioneer Bank in Dripping Springs, Texas, has turned to its chief operating officer for temporary leadership.
The $1.1 billion-asset bank said in a press release Monday that it appointed Ron Coben to become its interim chief executive, succeeding Jeffrey Wilkinson, who resigned "to pursue his next entrepreneurial challenge." Wilkinson, who had also been president, helped form Pioneer in 2007.
Coben, 58, became Pioneer's COO when it merged with FC Holdings last year.
Coben started his career with Texas Commerce Bank in 1986; two years later, he joined Bank United in Houston, where he was executive vice president of retail banking. He has also been a consultant for firms such as Barclays and Guaranty Bank.
"As we transition into a new phase of the Pioneer Bank story, we are very pleased to have an experienced executive like Ron Coben step into the role of interim CEO and provide leadership," Whit Hanks, Pioneer's chairman, said in the release.