OXFORD BANK CORPORATION ANNOUNCES THE APPOINTMENT OF MICHAEL TIERNEY TO THE OXFORD BANK BOARD OF DIRECTORS
Oxford Bank (OTC: OXBC) has appointed Michael J. Tierney to the Oxford Bank Board of Directors, effective immediately. Tierney, described as an industry veteran, joins the board of the holding company for Oxford Bank. This strategic move aims to strengthen the company's leadership and potentially bring fresh perspectives to the organization. The appointment underscores Oxford Bank 's commitment to enhancing its governance structure with experienced professionals in the banking sector.
La Oxford Bank (OTC: OXBC) ha nominato Michael J. Tierney nel Consiglio di Amministrazione di Oxford Bank, con effetto immediato. Tierney, descritto come un veterano del settore, entra a far parte del consiglio della holding di Oxford Bank. Questa mossa strategica mira a rafforzare la leadership dell'azienda e a portare potenzialmente nuove prospettive all'organizzazione. La nomina sottolinea l'impegno di Oxford Bank nel migliorare la propria struttura di governance con professionisti esperti nel settore bancario.
Oxford Bank (OTC: OXBC) ha designado a Michael J. Tierney para el Consejo de Administración de Oxford Bank, con efecto inmediato. Tierney, descrito como un veterano de la industria, se une al consejo de la compañía matriz de Oxford Bank. Este movimiento estratégico tiene como objetivo fortalecer el liderazgo de la empresa y potencialmente aportar nuevas perspectivas a la organización. La designación subraya el compromiso de Oxford Bank de mejorar su estructura de gobernanza con profesionales experimentados en el sector bancario.
옥스퍼드 뱅크(OTC: OXBC)는 마이클 J. 티어니를 옥스퍼드 뱅크 이사회에 임명했습니다, 즉시 발효됩니다. 티어니는 업계의 베테랑으로 묘사되며, 옥스퍼드 뱅크의 모회사의 이사회에 합류합니다. 이 전략적 결정은 회사의 리더십을 강화하고 조직에 새로운 관점을 가져오는 것을 목표로 하고 있습니다. 이번 임명은 옥스퍼드 뱅크가 은행 부문에서 경험이 풍부한 전문가들과 함께 거버넌스 구조를 개선하겠다는 의지를 강조합니다.
La Oxford Bank (OTC: OXBC) a nommé Michael J. Tierney au Conseil d'Administration de la Oxford Bank, avec effet immédiat. Tierney, décrit comme un vétéran de l'industrie, rejoint le conseil de la société holding d'Oxford Bank. Ce mouvement stratégique vise à renforcer le leadership de l'entreprise et pourrait apporter de nouvelles perspectives à l'organisation. La nomination souligne l'engagement de la Oxford Bank à améliorer sa structure de gouvernance avec des professionnels expérimentés dans le secteur bancaire.
Die Oxford Bank (OTC: OXBC) hat Michael J. Tierney in den Aufsichtsrat der Oxford Bank berufen, mit sofortiger Wirkung. Tierney, der als Branchenveteran beschrieben wird, tritt dem Vorstand der Holdinggesellschaft für die Oxford Bank bei. Dieser strategische Schritt zielt darauf ab, die Führung des Unternehmens zu stärken und möglicherweise frische Perspektiven in die Organisation zu bringen. Die Ernennung unterstreicht das Engagement der Oxford Bank, ihre Governance-Struktur mit erfahrenen Fachleuten aus dem Bankensektor zu verbessern.
- Addition of an experienced industry veteran to the board of directors
- Potential for fresh perspectives and enhanced governance
- None.
About Michael Tierney
Tierney's career has included executive roles at various size banks throughout the region ranging from community banks to large regional institutions. Early in his career he held numerous senior roles at Comerica Bank including Senior Vice President, Personal Financial Services overseeing more than 250 depository branch locations and the consumer lending, mortgage, and electronic banking lines of business nationally. He also ran the Midwest Region for Chase Bank's Business Banking unit as the SVP, Managing Director Business Banking. He then transitioned to Peoples State Bank (
Lead Independent Director Karen Mersino commented "The Board and Management has a deep commitment to improvement at every level of the organization. I believe this appointment will positively add to the Board's overall perspective and further enhance the strategic direction of the collective Company. The Board is looking forward to this relationship with a highly respected and extremely experienced
Chairman, CEO and President David Lamb noted "The Bank's Board of Directors with unanimous support of the Company's Board of Directors, made this appointment to recognize the value that Mike can bring to our deliberations on a range of issues as our organization becomes larger and more complex. His experience in all facets of banking from retail and business banking to regulatory and advocacy will add even more industry knowledge to our boardroom." Lamb added "I serve on the Community Bankers of
Oxford Bank is a subsidiary of Oxford Bank Corporation, a registered holding company. It is the oldest commercial bank in
Except for the historical information contained herein, the matters discussed in the Release may be deemed forward-looking statements that involve risk and uncertainties. Words or phrases "will likely result", "are expected to", "will continue", "is anticipated", "estimate", "project", or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Factors which could cause actual results to differ, include, but are not limited to, fluctuations in interest rates, changes in economic conditions of the Bank's market area, changes in policies by regulatory agencies, the acceptance of new products, the impact of competitive products and pricing and the other risks detailed from time to time in the Bank's and Corporation's reports. These forward-looking statements represent the Bank's judgment as of the date of this report. The Bank disclaims, however, any intent or obligation to update these forward-looking statements.
Contact: | David P. Lamb, Chairman, President & CEO |
Phone: | (248) 628-2533 |
Fax: | (248) 969-7230 |
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SOURCE Oxford Bank Corporation
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