NASB Financial, Inc. Announces Retirement of Chief Executive Officer
NASB Financial, Inc. (OTCQX: NASB) has announced the upcoming retirement of its Chief Executive Officer, Thomas B. Wagers, following the annual stockholders meeting in January 2025. Enrique Venegas has been appointed as the new CEO and President of both NASB Financial, Inc. and North American Savings Bank, F.S.B., effective October 1, 2024. Mr. Venegas, previously NASB's Executive Vice-President and Chief Lending Officer, brings over twenty years of banking experience to the role.
Mr. Wagers will continue to serve on the Board of Directors for both entities after his retirement. NASB Chairman David Hancock praised Wagers' leadership through challenging times and his role in positioning the company for future success. The Board expressed confidence in Venegas' ability to lead the company forward and achieve its mission.
NASB Financial, Inc. (OTCQX: NASB) ha annunciato il prossimo ritiro del suo Amministratore Delegato, Thomas B. Wagers, dopo l'assemblea annuale degli azionisti di gennaio 2025. Enrique Venegas è stato nominato nuovo CEO e Presidente di NASB Financial, Inc. e North American Savings Bank, F.S.B., con effetto dal 1° ottobre 2024. Il signor Venegas, precedentemente Vicepresidente Esecutivo e Chief Lending Officer di NASB, porta con sé oltre venti anni di esperienza bancaria nel suo nuovo ruolo.
Il signor Wagers continuerà a servire nel Consiglio di Amministrazione di entrambe le entità dopo il suo ritiro. Il Presidente di NASB, David Hancock, ha lodato la leadership di Wagers in tempi difficili e il suo ruolo nel posizionare l'azienda per il successo futuro. Il Consiglio ha espresso fiducia nella capacità di Venegas di guidare l'azienda verso il futuro e di raggiungere la sua missione.
NASB Financial, Inc. (OTCQX: NASB) ha anunciado la próxima jubilación de su Director Ejecutivo, Thomas B. Wagers, tras la reunión anual de accionistas en enero de 2025. Enrique Venegas ha sido nombrado nuevo CEO y Presidente de NASB Financial, Inc. y North American Savings Bank, F.S.B., a partir del 1 de octubre de 2024. El Sr. Venegas, anteriormente Vicepresidente Ejecutivo y Director de Préstamos de NASB, aporta más de veinte años de experiencia bancaria al cargo.
El Sr. Wagers continuará formando parte de la Junta Directiva de ambas entidades tras su jubilación. El Presidente de NASB, David Hancock, elogió el liderazgo de Wagers en tiempos difíciles y su papel en la preparación de la empresa para el éxito futuro. La Junta expresó confianza en la capacidad de Venegas para liderar la empresa hacia adelante y alcanzar su misión.
NASB Financial, Inc. (OTCQX: NASB)는 2025년 1월 연례 주주총회 이후 최고경영자(CEO) Thomas B. Wagers의 퇴임 소식을 발표했습니다. Enrique Venegas가 NASB Financial, Inc.와 North American Savings Bank, F.S.B.의 새로운 CEO이자 사장으로 2024년 10월 1일부터 임명됩니다. Venegas 씨는 NASB의 부사장 및 최고 대출 책임자로서의 경력을 가지고 있으며, 20년 이상의 은행 경험을 새로운 역할에 가져옵니다.
Wagers 씨는 은퇴 후에도 두 기관의 이사회에서 계속 활동할 예정입니다. NASB의 회장 David Hancock은 어려운 시기에 Wagers의 리더십을 칭찬하며 회사의 미래 성공을 위한 그의 역할을 강조했습니다. 이사회는 Venegas가 회사를 앞으로 이끌고 사명을 달성할 수 있는 능력에 대한 신뢰를 표명했습니다.
NASB Financial, Inc. (OTCQX: NASB) a annoncé le prochain départ à la retraite de son directeur général, Thomas B. Wagers, à la suite de l'assemblée annuelle des actionnaires en janvier 2025. Enrique Venegas a été nommé nouveau CEO et Président de NASB Financial, Inc. et de North American Savings Bank, F.S.B., à compter du 1er octobre 2024. M. Venegas, anciennement Vice-Président Exécutif et Responsable des Prêts de NASB, apporte plus de vingt ans d'expérience bancaire à ce poste.
M. Wagers continuera à siéger au conseil d'administration des deux entités après sa retraite. Le Président de NASB, David Hancock, a loué le leadership de Wagers durant des périodes difficiles et son rôle dans le positionnement de l'entreprise pour un succès futur. Le Conseil a exprimé sa confiance dans la capacité de Venegas à diriger l'entreprise vers l'avant et à atteindre sa mission.
NASB Financial, Inc. (OTCQX: NASB) hat die bevorstehende Pensionierung seines Chief Executive Officer, Thomas B. Wagers, nach der jährlichen Aktionärsversammlung im Januar 2025 bekannt gegeben. Enrique Venegas wurde als neuer CEO und Präsident von NASB Financial, Inc. und der North American Savings Bank, F.S.B., ab dem 1. Oktober 2024 ernannt. Herr Venegas, zuvor Executive Vice-President und Chief Lending Officer von NASB, bringt mehr als zwanzig Jahre Bankerfahrung in diese Rolle ein.
Herr Wagers wird nach seiner Pensionierung weiterhin im Vorstand beider Unternehmen tätig sein. NASB-Vorsitzender David Hancock lobte Wagers' Führung in herausfordernden Zeiten und seine Rolle bei der Positionierung des Unternehmens für zukünftigen Erfolg. Der Vorstand äußerte Vertrauen in Venegas' Fähigkeit, das Unternehmen voranzubringen und seine Mission zu erreichen.
- Smooth leadership transition with experienced internal candidate
- Retiring CEO to remain on Board of Directors, ensuring continuity
- New CEO brings over 20 years of banking experience
- None.
The Company has appointed Enrique Venegas to succeed Mr. Wagers as Chief Executive Officer following Mr. Wagers' retirement, and Mr. Venegas has been named President of both NASB Financial, Inc. and North American Savings Bank, F.S.B. effective October 1, 2024. Mr. Venegas has also been appointed to the Board of both NASB Financial, Inc. and North American Savings Bank, F.S.B. effective October 1, 2024. Prior to his appointment, Mr. Venegas was NASB's Executive Vice-President and Chief Lending Officer. Mr. Venegas was hired as NASB's Chief Credit Officer in 2013 and has over twenty years of banking experience.
"Tom steered NASB through some very difficult and challenging times, including guiding us through the exit from the Consumer Direct business after we decided this was not the right long-term course for our Company," said NASB Chairman David Hancock. "His steadiness, banking acumen and teambuilding focus has positioned us for a bright future. I, as well as all of our managers, have come to rely on him for direction, advice, and encouragement. He is not leaving NASB but has agreed to continue serving on our Board of Directors. His continued counsel will be important as we go forward with the plan he has been instrumental in creating."
"The Board and I are grateful to have someone of Enrique's experience and talent waiting in the wings to assume the CEO role. We believe his leadership, energy and ideas are going to be instrumental in helping the Company achieve its mission."
About NASB
NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B. Since 1927, NASB has been serving the financial needs of customers by providing an array of personal banking and lending products in the
Forward-Looking Statements
This press release includes "forward-looking statements," which are statements, other than statements of historical facts, regarding our prospects, plans, financial position and business strategy. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we can give no assurance that these expectations will prove to have been correct. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement. The forward-looking statements included herein are made only as of the date of this press release, and we do not undertake any obligation to release publicly any revisions to such forward-looking statements to reflect events or circumstances after the date hereof, except as required by law.
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SOURCE NASB Financial, Inc.
FAQ
When will Thomas B. Wagers retire as CEO of NASB Financial, Inc. (NASB)?
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