Appointments: EverBank Announces Leadership of New Company

EverBank/TIAA Bank — Greg Seibly is the first chief executive of EverBank, the company has announced, after the former TIAA Bank was sold by its parent company.

Under its new brand, EverBank, the company will be led by CEO Seibly and David DePillo as president.

Seibly was previously president and head of regional banking at California-based Union Bank, playing a leading role in its acquisition by US Bank. He has held senior roles at Umpqua Bank, Sterling Financial Corporation, Wells Fargo, Bank of America, and the Federal Home Loan Bank of San Francisco.

“We’re excited to begin a new chapter of growth, performance and exceptional service to our consumer and commercial clients across the country,” Seibly said. “Our bank has a long tradition of forward-looking innovation and partnership with our clients, enabling them to achieve success on their own unique terms, and always giving them the financial advantage they deserve.”

EverBank’s spinoff from TIAA was financed by private equity companies including Stone Point Capital, Warburg Pincus, Reverence Capital Partners, Sixth Street, and Bayview Asset Management.

Riverview Bank — President and CEO Kevin Lycklama has been placed on administrative leave by the Washington-based banking group.

The decision was made “pending an internal investigation”, Riverview said in a filing with the Securities and Exchange Commission.

The bank did not give a reason for the investigation, but said it did not relate to Riverview’s financial position. The bank reported “solid” earnings of $2.8 million in the three months to the end of June this year, down from $4.7 million a year earlier.

Chief credit officer Dan Cox has taken on the position of president and CEO on an acting basis during Lycklama’s absence.

Sandy Spring Bank — Maryland-based Sandy Spring Bank has created a new Consumer Banking unit and appointed Lynne Pulford to lead it. As executive vice president of consumer banking, Pulford will oversee the bank’s combined community banking, mortgage banking, and marketing operations.

Pulford has worked at Sandy Spring Bank for 36 years and has led the growth of its mortgage division for the past 16 years.

Separately, the bank has also appointed Brian Mackin as president of West Financial Services, its wealth management business. Mackin succeeds Glen Buco, who will remain with the company.

Mackin has worked at West Financial Services for 22 years, including as chief compliance officer and chief operating officer.

InBank — The $1.3 billion Colorado bank has hired Bo Scott as president and chief commercial banking officer.

He was previously at UMB Bank where he was executive vice president and head of its Colorado commercial bank. Scott has also worked at US Bank.

As president, he succeeds chairman and CEO Ed Francis, who continues in his other roles.

Heritage Bank of Commerce — Susan Just will become the Californian bank’s new chief credit officer on September 7, 2023, Heritage has announced.

Just will replace Margo Butsch, who plans to retire after assisting with an orderly transition process.

Just was most recently chief credit officer of Santa Cruz County Bank and has also worked at JP Morgan Chase, First Chicago Bank & Trust, Northern Trust Bank and TCF Bank.

1st Capital Bank — California-based 1st Capital Bank has appointed Moritz Wohanka has interim chief financial officer after the resignation of Danelle Thomsen.

The $960 million bank said Thomsen had resigned “to pursue other career opportunities”. It has employed an external executive search firm to find a suitable permanent replacement.

Equity Bancshares — The Kansas-based bank holding company and parent to Equity Bank has promoted Chris Navratil to CFO. He replaces Eric Newell, who has resigned.

Navratil joined Equity Bank in 2019 as a senior vice president and became CFO in December 2022. Before joining Equity, he worked at accounting and consultancy company Crowe LLP in Chicago, Illinois.

Newell, who joined Equity as CFO in June 2020, will remain with the company until September 20, 2023 to ensure a smooth handover of responsibilities.

Lake Shore Bancorp — Taylor Gilden has been appointed CFO and treasurer of New York’s Lake Shore Bancorp and its subsidiary, Lake Shore Savings Bank.

Gilden takes over from Rachel Foley, who has been named chief operating officer. He joined earlier this year as chief strategy officer. Foley, who joined Lake Shore in 1999, has held various roles at the bank including controller.

Mechanics Bank — California-based Mechanics Bank has appointed Kelly Johnston as executive vice president and director of wealth management.

Returning after a nine-year tenure at First Republic Bank, where she led the bank’s trust company and private wealth management operations, Johnston will expand Mechanics Bank’s wealth management unit.

Republic First Bancorp — Linda Sanchez has joined the Pennsylvania-based bank as executive vice president and chief people officer.

In her new role, Sanchez aims to reinforce inclusivity and a thriving environment at Republic Bank as it undergoes a significant shift in strategy.

Sanchez was most recently chief people officer at Diversified Search Group and before this was chief human resources officer at The Bryn Mawr Trust Company.

HomeTrust Bancshares — Megan Pelletier became chief operations and people officer at North Carolina-based HomeTrust Bancshares at the end of July.

She initially joined the bank in May 2022 as chief people officer and will retain these responsibilities in her expanded role. Her new responsibilities include overseeing back-office operations.