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David Malone, former CEO of Community Bank in Pasadena, Calif., was appointed to BBCN's board, which expanded to 11 members.
May 22 -
Community 1st Bank (CFBN) of Auburn, Calif., shuffled its executive team on Thursday after re-appointing Robert C. Haydon, the bank president and chief executive officer, as board chairman.
May 22
First Niagara Financial (FNFG) in Buffalo, N.Y., has recruited a former executive at JPMorgan Chase (JPM) to join its board.
Austin Adams retired as chief information officer at JPMorgan Chase in 2006. He became the New York company's top technology executive in 2004 after Chase bought Bank One. Since retiring, Adams has been advising banks on information technology issues.
"We look forward to his contributions to First Niagara, as the company makes strategic investments designed to deliver sustained value to shareholders in the years ahead," Nathaniel Woodson, First Niagara's chairman, said in a press release Tuesday.
Adams's appointment comes as the $38 billion-asset First Niagara prepares to make a big investment in technology.
Gary Crosby,
First Niagara also recently joined BIAN, an IT standards group that
Earlier this year, First Niagara
Adams resigned as chairman of CommunityOne Bancorp (COB) in Charlotte, N.C., to join First Niagara's board. Carlyle Group, which owns about 22% of CommunityOne's stock, had appointed Adams to the board of the $2 billion-asset company in 2011. CommunityOne said in its press release that banking law prevents Adams from serving on two bank boards at the same time.
CommunityOne said that J. Chandler Martin had succeeded Adams as its chairman. Martin is a former treasurer at Bank of America (BAC). Martin joined CommunityOne's board in 2011.