Utah bank taps board member as next CEO

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Prime Alliance Bank in Woods Cross, Utah, has selected one of its directors as its next CEO.

Michael Ward was also named president of the $433 million-asset bank. He succeeded Gary Harding, who left to pursue other opportunities, the bank said in a press release.

Ward, a 14-year member of Prime Alliance's board, recently served as chief operations officer and general counsel at The Color Run. He also spent 25 years at Mrs. Fields Famous Brands, where he once was CEO.

Ward's “extensive experience on the board and his long career as an executive makes him the right choice to help lead the bank," Randy Sellers, Prime Alliance Bank's chairman, said in the release.

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