Edition:
United Kingdom

CoBiz Financial Inc (COBZ.OQ)

COBZ.OQ on NASDAQ Stock Exchange Global Select Market

20.24USD
12 Dec 2017
Change (% chg)

$-0.11 (-0.54%)
Prev Close
$20.35
Open
$20.44
Day's High
$20.51
Day's Low
$20.21
Volume
53,268
Avg. Vol
46,666
52-wk High
$22.01
52-wk Low
$15.39

Summary

Name Age Since Current Position

Steven Bangert

60 1994 Chairman of the Board, Chief Executive Officer

Lyne Andrich

50 2003 Chief Financial Officer, Executive Vice President, IR Contact Officer

Scott Page

58 2016 Chief Executive Officer of CoBiz Bank

Richard Dalton

60 2009 Chief Operating Officer, Executive Vice President

David Pass

48 2002 Executive Vice President, Chief Information Officer

Troy Dumlao

44 2007 Senior Vice President, Chief Accounting Officer

Susan Hermann

50 2007 Senior Vice President, Director of Communications

Christopher Huss

48 2016 Senior Vice President and Capital Markets Director

Robert Ostertag

56 2003 Executive Vice President, Chief Credit Officer of the Bank

Evan Makovsky

72 2003 Director

Michael Burgamy

71 1998 Independent Director

Michael Hutchinson

61 Independent Director

Richard Monfort

62 2016 Independent Director

Douglas Polson

75 2008 Independent Director

Mary Rhinehart

58 2008 Independent Director

Noel Rothman

87 1994 Independent Director

Bruce Schroffel

66 2011 Independent Director

Timothy Travis

72 Independent Director

Mary Vitale

63 2005 Independent Director

Biographies

Name Description

Steven Bangert

Mr. Steven Bangert is Chairman of the Board, Chief Executive Officer of CoBiz Financial Inc. Mr. Bangert has served as Chairman of the Board of Directors and Chief Executive Officer (CEO) of the Company since September 1994. From August 1992 to March 1999, Mr. Bangert served as President and a director of Western Capital Holdings, Inc. (Western Capital), formerly the bank holding company for River Valley Bank - Texas, located in McAllen, Texas. From March 1992 to July 1998, Mr. Bangert also served as Chairman of the Board of River Valley Bank - Texas, and, from April 1988 to July 1994, he served as Vice Chairman of the Board and CEO of River Valley Savings Bank - Illinois, a financial institution with locations in Chicago and Peoria, Illinois. From February 1994 to July 1998, Mr. Bangert served as a director and member of the Executive Committee of Lafayette American Bank. He holds a B.S. degree in business administration from the University of Nebraska - Lincoln. Mr. Bangert has over thirty years of experience in the financial services industry, with many of those years in executive level and board leadership positions. The Company believes Mr. Bangert’s qualifications to serve as a director include his financial services industry experience, his Merger and Acquisition (M&A) experience, his extensive board experience in the for-profit and not-for-profit world and his years of experience as a director of the Company.

Lyne Andrich

Ms. Lyne B. Andrich CPA, is Chief Financial Officer, Executive Vice President and IR Contact Officer of CoBiz Financial Inc. Ms. Andrich has served as Executive Vice President and CFO of the Company since May 2003. Ms. Andrich served as Controller of the Company from May 1997 until May 2003. From November 1995 to May 1997, Ms. Andrich was a regional reporting manager for Key Bank of the Rocky Mountains. From June 1989 to November 1995, Ms. Andrich held several positions with Bank One, Colorado, including Assistant Controller, Financial Reporting Manager and internal auditor. She holds a B.S. degree in accounting from the University of Florida and is a Certified Public Accountant.

Scott Page

Mr. Scott E. Page is the Chief Executive Officer of CoBiz Bank a subsidiary of the Company. Mr. Page joined Colorado Business Bank as market president in 2009. He previously served as executive vice president and director of community banking for Vectra Bank Colorado for eight years. Page received his bachelor's degree and MBA from University of New Mexico, and is a graduate of the University of Colorado School of Banking. He currently is a member of the Metro Denver Economic Development Corporation's Board of Governors, and serves on the board of the Florence Crittenton School and Regis University.

Richard Dalton

Mr. Richard J. Dalton is Chief Operating Officer, Executive Vice President of CoBiz Financial Inc., since May 2009. Mr. Dalton has served as the Executive Vice President and Chief Operations Officer (COO) of the Company since May 2009. From May 2003 to May 2009, Mr. Dalton served as the President of the Company. From January 1997 to May 2003, Mr. Dalton served as Executive Vice President and CFO of the Company. From August 1992 to January 1998, Mr. Dalton was the Vice President of Western Capital. From August 1992 to June 1996, Mr. Dalton served as the President and CEO of River Valley Bank - Texas. He holds a B.S. degree in business administration from Colorado State University – Pueblo and an M.B.A. from the University of Colorado.

David Pass

Mr. David E. Pass is Executive Vice President, Chief Information Officer of CoBiz Financial Inc., since 2002. Mr. Pass has served as Executive Vice President and Chief Information Officer of the Company since 2002. From January 1997-April 2002, Mr. Pass served as Senior Vice President and Technical Services Manager for Southwest Bank of Texas (now Amegy Bank). From August 1992-January 1997, Mr. Pass held several management positions with Universal Computer Systems, Texas, including Telecommunications, Network and Data Center operations. He holds a B.S. degree in Finance from the University of Northern Colorado and numerous technical and security certifications.

Troy Dumlao

Mr. Troy R. Dumlao is Senior Vice President, Chief Accounting Officer of CoBiz Financial Inc., since October 2007. Mr. Dumlao has served as the Senior Vice President and Chief Accounting Officer of the Company since October 2007. Mr. Dumlao served as Controller of the Company from May 2003 to October 2007 and as Assistant Controller from May 2002 to May 2003. Mr. Dumlao previously held various financial management positions in both corporate and public accounting, with companies such as Qwest Communications, Atlas Air Worldwide Holdings and Deloitte & Touche LLP. He holds a B.S.B.A degree in accounting from Colorado State University – Pueblo, an M.B.A. in corporate financial management from the University of Colorado and is a Certified Public Accountant.

Susan Hermann

Ms. Susan L. Hermann is Senior Vice President, Director of Communications of CoBiz Financial Inc., since July 2007. Ms. Hermann has served as Senior Vice President and Director of Communications of the Company since July 2007. She joined the company in June 2000. From October 1999-June 2000, she served as Director of Communications for the Denver Metro Chamber of Commerce. She previously held positions with The Reynolds and Reynolds Company, the Downtown Dayton Partnership and Boatmen’s Bancshares. She holds a B.J. degree in magazine journalism from the University of Missouri – Columbia and an M.E. in educational leadership from Wright State University.

Christopher Huss

Mr. Christopher S. Huss is Senior Vice President and Capital Markets Director of CoBiz Financial Inc. Mr. Huss has served as Senior Vice President and Capital Markets Director of the Company since January 2005. He served as Vice President of the Company from June 2003-January 2005. Mr. Huss previously served as Senior Vice President for Remount Capital, LLC and Hawthorne Colorado, Inc. and held various positions at River Valley Savings Bank. He holds a B.S.B.A. degree in finance from the University of Denver, an M.B.A. degree in corporate strategy from the University of Michigan and is a Chartered Financial Analyst.

Robert Ostertag

Mr. Robert B. Ostertag is Executive Vice President and Chief Credit Officer of CoBiz Bank, subsidiary of CoBiz Financial Inc. Mr. Ostertag has served as Executive Vice President and Chief Credit Officer of the Bank since May 2003. From June 2001 to May 2003, he held the position of Senior Vice President and Senior Credit Officer. Prior to June 2001, Mr. Ostertag was the Senior Vice President and Commercial Lending Manager of the downtown bank. Before joining the Company, Mr. Ostertag worked for Bank One, Denver for twelve years as Vice President and Commercial Relationship Manager, and last served as Vice President and Business Banking Group Manager for the northern half of the Denver-Metro area. Mr. Ostertag graduated with a double major in Finance and General Business from Colorado State University, Fort Collins, Colorado, and is a graduate of the Graduate School of Banking, University of Wisconsin-Madison.

Evan Makovsky

Mr. Evan Makovsky is Director of CoBiz Financial Inc. Mr. Makovsky is the co-founder of Shames-Makovsky Realty Company, which specializes in the sale and leasing of commercial, industrial and investment properties. In the mid-1980s, Shames-Makovsky Realty Company formed Shames-Makovsky Mortgage Company, which specializes in "gap" financing. He holds a B.S.B.A. degree in Business and an M.S.B.A. degree in Finance from the University of Denver. The Company has a significant real estate portfolio in both the Colorado and Arizona markets. Mr. Makovsky’s experience in the sale and leasing of commercial and industrial investment properties is valuable to the board. The Company believes Mr. Makovsky’s qualifications to serve as a director include his executive level commercial real estate experience, his financing experience, his property management experience and his years of experience as a director of the Company.

Michael Burgamy

Mr. Michael B. Burgamy is Independent Director of CoBiz Financial Inc. From 1999 to April 2001, From 1999 to April 2001, Mr. Burgamy served as the Chief Financial Officer of Colibri Holding Corporation, a manufacturer of pet products and garden supplies. In April 2001, Mr. Burgamy became a director of Colibri Holding Corporation. From 1991 to 1999, Mr. Burgamy served as the President of Perky-Pet Products Co., a manufacturer of pet products and supplies. From January 1976 to November 1994, he was President of CGS Distributing, Inc., a wholesale distributor of lawn and garden supplies. He holds a B.S. degree in engineering management from the United States Air Force Academy. Mr. Burgamy has significant experience in the manufacturing and sales distribution chain for retail manufacturers. The Company focuses on commercial and industrial lending to businesses with similar characteristics and believes Mr. Burgamy’s qualifications, in addition to his manufacturing experience, to serve as a director include his board experience in the financial services industry serving with another bank, his executive level retail industry experience, his M&A experience and his years of experience as a director of the Company.

Michael Hutchinson

Mr. Michael G. Hutchinson is an Independent Director of the Company. He began his career with Deloitte and Touche in 1978 where he served as a Partner from 1989 to 2002. From 2002 until his retirement in 2012, he was the Partner-in-Charge of the Colorado Audit practice where he directly led the daily operations of 150 professionals. Mr. Hutchinson also led the Energy and Financial Services Practices for Deloitte and Touche in Colorado. He holds a B.S. in Accounting from the University of Northern Colorado. As a lead partner in one of the largest public accounting firms in the world, Mr. Hutchinson has extensive experience as a financial expert, including experience in M&A transactions, internal controls, valuation issues and stock-based compensation considerations. He also facilitated numerous initial public offerings and secondary stock and debt issuances. Mr. Hutchinson serves on the board of directors of: Westmoreland Coal Company since 2012 and is Chairman of its Audit Committee and a member of the Executive Committee; One Gas Inc. since 2014 and is Chairman of its Audit Committee and a member of the Executive, Compensation and Nominating Committees; and ONEOK Partners since 2015 and is a member of its Audit, Nominating and Executive Committees.

Richard Monfort

Mr. Richard L. Monfort is an Independent Director of the Company. Mr. Monfort is the Owner/Chairman and Chief Executive Officer of the Colorado Rockies Baseball Club, a leading organization in the Rocky Mountain Region in both the sport and business of baseball. He became President of Monfort of Colorado, Inc.; a subsidiary of ConAgra in 1987 and in 1991 became President/CEO of ConAgra Red Meats. After retiring from ConAgra in 1995, he helped launch the Montera Cattle Co. in 1996. Currently, he owns the Hyatt Regency Indian Wells Resort & Spas in Indian Wells California and the Macaroni Grill Restaurant chain. He holds a Bachelor of Arts in Business Management from the University of Northern Colorado. Mr. Monfort has over thirty years of business experience in the cattle and sports industries in the state of Colorado. He has extensive involvement in the not-for-profit community and is a recognized leader in the business community. The Company believes Mr. Monfort’s qualifications to serve as a director include his financial and investing experience, his executive level management experience, his M&A and start-up experience, as well as his extensive board experience in the for-profit and not-for-profit world. Mr. Monfort served on the Board of Famous Dave’s of America, Inc., a publicly-traded developer, owner and operator of restaurants between 1996 and 2014.

Douglas Polson

Mr. Douglas L. Polson is Independent Director of CoBiz Financial Inc. Mr. Polson served as chairman of Pacific Energy Group LLC, a NYSE-registered company and an affiliate of the Anschutz Corporation, from 2001 until 2005. He previously served as Vice President, CFO and director of the Anschutz Corporation and Anschutz Company. Mr. Polson received his bachelor’s degree from Utah State University and master’s in business administration from Michigan State University. Mr. Polson has extensive experience as a financial expert, having served as the Chief Financial Officer for the Anschutz Company for a number of years. The Company believes Mr. Polson’s qualifications to serve as a director include his board experience in the energy, transportation and communication industries, his experience as the CFO of a large and complex privately held organization, his M&A experience and his years of experience as a director of the Company.

Mary Rhinehart

Ms. Mary K. Rhinehart is Independent Director of CoBiz Financial Inc. Ms. Rhinehart is Chairman, President and Chief Executive Officer of Johns Manville. Ms. Rhinehart joined Johns Manville, a leading manufacturer and marketer of premium-quality building and specialty products and a Berkshire Hathaway company, in 1979. During her career with Johns Manville, she has served in numerous leadership roles including CEO, CFO, Corporate Treasurer, Vice President of Human Resources and Vice President and General Manager of a business unit. She received her bachelor’s degree in finance cum laude from the University of Colorado at Boulder and her master’s in business administration from the University of Denver. Ms. Rhinehart has extensive business knowledge and experience through her position as the CEO of a global company with 7,000 employees and manufacturing facilities in North America, Europe, and China. The Company believes Ms. Rhinehart’s qualifications to serve as a director include her varied positions in the building and specialty products industry, her education and experience in multiple business disciplines – including her strong financial background and global M&A experience, her extensive board experience in the for-profit and not-for-profit worlds and her years of experience as a director of the Company. Ms. Rhinehart has served on the Board of Ply Gem Holdings Inc., a publicly-traded building products company since 2014.

Noel Rothman

Mr. Noel N. Rothman serves as Independent Director of CoBiz Financial Inc. Mr. Rothman is a private investor and has served as President of Namtor, Inc., a closely held business and financial services company in which he is a principal shareholder, since September 1985. Mr. Rothman is also the Company’s largest individual shareholder. Mr. Rothman attended Wayne State University. The Company has a large base of high net worth and private banking clients. Mr. Rothman has extensive experience dealing with banks as a client utilizing these services. The Company believes Mr. Rothman’s qualifications to serve as a director include his financial and investing experience, his M&A experience and his years of experience as a director of the Company.

Bruce Schroffel

Mr. Bruce H. Schroffel serves as Independent Director of CoBiz Financial Inc. Mr. Schroffel is a consultant to the healthcare industry and a community leader. From 2006 until 2013, Mr. Schroffel served as president and CEO of the University of Colorado Hospital. He has worked in healthcare administration for more than 30 years including leadership positions at Stony Brook University Hospital on Long Island, NY, and the Medical Center at the University of California, San Francisco. He received his bachelor’s degree from the University of California, Berkeley, and master’s degrees in science and public health from Columbia University. The Company specializes in loans to medical practices and the physicians involved in those groups. Mr. Schroffel has experience interacting with these groups and physicians. The Company believes Mr. Schroffel’s qualifications to serve as a director include his extensive executive level experience in the healthcare industry, his M&A experience and, his extensive board experience in the not-for-profit arena.

Timothy Travis

Mr. Timothy J. Travis is Independent Director of CoBiz Financial Inc. Since November 1981, Mr. Travis has been the CEO of Eaton Metal Products Company, a fully integrated engineering fabricator, with which he has been employed since 1963. Many of the Company’s customers are involved in manufacturing and fabrication. The Company believes Mr. Travis’s qualifications to serve as a director include his financial and investing experience, his executive level manufacturing industry experience, his M&A experience, his extensive board experience in the not-for-profit world and his years of experience as a director of the Company.

Mary Vitale

Ms. Mary Beth Vitale is Independent Director of CoBiz Financial Inc. Ms. Vitale co-founded Pellera, a consulting firm specializing in cybersecurity and board governance to boards of directors, in 2001. Previously, she had served as President, CEO and Chairman of the Board of WestwindMedia.com, President and Chief Operating Officer of RMI.NET, and President-Western States for AT&T. She received her bachelor's degree from Hillsdale College; a master's degree from the University of Colorado; and an advanced management degree from the Wharton School. She was also a Commissioner on former Colorado Governor Bill Owens’ Commission for Science and Technology. In addition, she is past Chairman of the Board of Directors of the National Association of Corporate Directors (NACD) local chapter. Ms. Vitale has also been recognized as an NACD Board Leadership Fellow and SEC financial expert. She currently is a faculty member for the NACD in board governance and cyber security training. She is also a Co-Chair of the Women Corporate Directors, Colorado Chapter. The Company has a sophisticated approach to utilizing technology to meet the needs of its customers. In addition, the Company is publicly traded and values the importance of strong corporate governance. The Company believes Ms. Vitale’s qualifications to serve as a director include her varied positions in the technology and telecommunications industries, her experience and leadership in the corporate governance arena, her board experience in technology, cyber and medical technology companies and her years of experience as a director of the Company. Ms. Vitale served on the Board of Zynex, Inc., a publicly-traded medical technology company from 2008 to 2014.