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They spent their formative years analyzing balance sheets saddled with problem assets. They watched their mentors struggle to keep their banks afloat through the crisis. And they took good notes.
May 3 -
A chief financial officer's workday is booked solid dealing with regulatory issues, risk assessments and finding places to cut costs. If they could find an extra hour, bank CFOs say they would use that time to consider how to improve their banks' strategies, employees and communities.
May 3
Freedom Bank in Overland Park, Kan., has hired Drew Gibson to be its chief financial officer, the
Gibson spent almost nine years as an audit manager at tax and consulting services firm McGladrey LLP. He has worked as a senior contract analyst at engineering design firm Burns McDonnell since November.
Freedom Bank could not be reached for comment.
Chairman and Chief Executive Kurt Knutson had assumed the CFO responsibilities since the companys inception in 2006, the Business Journal report said.
Freedom has grown from $21.8 million in assets nine years ago to $159 million as of March 31, and Knutson has been looking to expand his executive team so he can focus on long-term planning.
In May he promoted David Vander Veen to president, a role Knutson had also filled.