CEO's On the Move
Cascade Bancorp Names Terry E. Zink Chief Executive Officer
10/6/2011
Cascade Bancorp (
CACB:US:NASDAQ) Cascade Bancorp and Bank of the Cascades, a wholly-owned subsidiary of Bancorp announced that it has named Terry E. Zink Chief Executive Officer effective January 1, 2012 subject to regulatory approval. Zink most recently served as President and Chief Executive Officer of Fifth Third Bank Chicago, an
... affiliate of the Fifth Third Bancorp network. He was also responsible for the oversight of the other 18 affiliates within the Bank network and the strategic oversight of the Retail and Small Business Banking lines. As President and Chief Executive Officer of Fifth Third Bank Chicago, Zink managed the Bank's strategic growth throughout Chicago and Northern Indiana. This role included overseeing operations of approximately 1,900 employees, 190 branches, and more than $12 billion in assets. Zink's acceptance of the Chief Executive Officer position concludes an extensive nationwide search to succeed Patricia L. Moss, the company's current Chief Executive Officer. Moss announced in July 2011 her intent to retire in July 2012. After Zink assumes the responsibilities of Chief Executive Officer, Moss will continue to serve on the company's Board of Directors, will remain active in the community and will assist Zink in providing a smooth transition period for customers, shareholders and employees until her retirement.
Upcoming Board Meetings
October 7, 2011
Cargolux Airlines International SA, Board Meeting, Oct 07, 2011.
Announced 10/5/11
Cargolux Airlines International SA Key Board Members
Marc HoffmannChairman, Chairman of Audit Committee, Chairman of Compensation Committee and Chairma...
Executive Changes
Sarah Gibbs Joins Ecoya Limited's Board
10/7/11
Trilogy's co founder and CEO, Sarah Gibbs is joining the board of Ecoya Limited. In addition to her board post, Ms Gibbs is taking on a senior role in growing offshore markets for both Trilogy and Ecoya. Trilogy was sold to Ecoya in 2010, and will complete it's earn out in December 2011. Sarah Gibbs worked in corporate finance in Hong Kong, South Africa and London.
Longreach Oil Ltd. Announces Non-Executive Board Changes
10/7/11
Longreach Oil Ltd. announced that Mr. Bruce David Burrell has accepted an invitation to join the Board and has now been appointed as a non-executive Director of the company, effective October 7, 2011. Bruce is an experienced company Director, Company Secretary, as well as an accountant. He is a long-serving Director and the Company Secretary of Sunvest Corporation Limited. He is the Company Secretary of Bucaneer Energy Ltd. and the Executive Chairman of Starlight Holdings Limited. Recently, he became a non-executive Director of Chapmans Limited. The company also advised that Ms Emma McPherson has resigned as a non-Executive Director of the company.
Vital Metals Limited Appoints Mark Strizek as Managing Director
10/7/11
Vital Metals Ltd. announced the appointment of Mark Strizek as the company's Managing Director with effect from October 7, 2011. Mr. Strizek has been acting as chief executive officer since July 2011.
Top Compensated Executives at CACB:US
Name/Title | Annual Compensation |
Patricia Moss | $391.4K |
Chief Executive Officer, President, Director and Chief Executive Officer of Bank of the Cascades |
Gregory Newton | $222.6K |
Chief Financial Officer, Principal Accounting Officer, Executive Vice President, Chief Financial Officer of Bank of Cascades, Executive Vice President of Bank of Cascades and Secretary of Bank of Cascades |
Michael Delvin | $247.2K |
Chief Operating Officer, Executive Vice President, President of Bank of the Cascades and Chief Operating Officer of Bank of the Cascades |
Peggy Biss | $196.1K |
Chief Human Resources Officer, Executive Vice President, Chief Human Resources Officer of Bank of the Cascades and Executive Vice President of Bank of the Cascades |
Compensation as of Fiscal Year 2010. All Compensation is in USD. |
Average Compensation in the Commercial Banks Industry
Industry | Compensation |
Commercial Banks | $605.2K |
Diversified Banks | $1.2M |
Regional Banks | $450.6K |
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