Community First Announces Nine Management Promotions
11 2월 2004 - 6:30AM
PR Newswire (US)
Community First Announces Nine Management Promotions FARGO, N.D.,
Feb. 10 /PRNewswire-FirstCall/ -- Community First Bankshares, Inc.
today announced the promotion of three executives to executive vice
president positions and the promotion of six additional
professionals to the senior management level. Members of the
Community First team have been named to these positions: Dan Fisher
was named executive vice president and chief information officer;
Pat Staples was named executive vice president of Market
Development; and Doug Vang was named executive vice president of
Human Resources. In addition, the company announced the promotions
of the following team members: Lynne Anstadt to senior vice
president of Technology; Sean Burian to senior vice president of
Treasury; Mona Flaten to senior vice president and audit director;
Toby Kommer to senior vice president of Finance; Thomas Rohleder to
senior vice president/general counsel and secretary; and Gale
Skarphol to senior vice president of Accounting and Reporting. All
promotions are effective immediately. "These team leaders are
members of the senior management of Community First and will
participate in key strategic planning activities of the company,"
said Mark Anderson, president and chief executive officer of
Community First. "I am pleased to recognize the abilities and
achievements of these talented leaders. They bring unique
perspectives and experience to assist Community First in developing
and implementing corporate strategies.We look forward to benefiting
from their ongoing efforts on behalf of our clients and
shareholders," said Anderson. Dan Fisher joined Community First in
1994 and has served as the company's chief information officer
since 2000. He previously served as senior vice president and as
executive vice president of bank operations. He is also president
and CEO of Community First Technologies, Inc., the company's
technology subsidiary. Fisher has held executive positions in the
financial services industrysince 1979 at financial institutions in
Hawaii, Texas, Minnesota and North Dakota. Pat Staples joined
Community First in 1994 and previously served as senior vice
president and director of Market Development. She has more than 20
years of marketing and public relations experience. Her prior
professional experience includes managing marketing and public
relations functions for regional healthcare systems and
agricultural corporations based in North Dakota and Minnesota. Doug
Vang previously servedas senior vice president and director of
Human Resources after joining Community First in 2001. His previous
professional experience includes serving as senior vice president
and chief operating officer for Banner Health Systems, formerly
based in Fargo, N.D. Vang holds law and accounting degrees from the
University of North Dakota, Grand Forks, N.D. Lynne Anstadt joined
Community First in 1997 as the controller in the Accounting and
Reporting Department. In 1998, she became vice president of
financial services for Community First Technologies, Inc., the
company's technology subsidiary. With more than 20 years of banking
experience, Anstadt previously worked at regional banking companies
in North Dakota. She is a certified public accountant and holds a
bachelor's degree in accounting from Minnesota State
University-Moorhead, Moorhead, Minn. Sean Burian previously served
as vice president of Treasury. He joined Community First in 1995 as
an investment analyst and was later promoted to investment officer.
Burian is a chartered financial analyst. Mona Flaten joined
Community First in 1995 as vice president and audit director. She
had previously served as a supervisor for the Office of the
Comptroller of the Currency, Minneapolis, Minn. She holds an
accounting degree from North Dakota State University, Fargo, N.D.,
and is a certified bank auditor, national bank examiner and
certified risk professional. Toby Kommer has served in various
positions at Community First including senior auditor, regional
financial analyst, regional finance officer, senior finance officer
and vice president of project management for Community First
Technologies, Inc., the company's technology subsidiary. He joined
the company in 1996. Kommer is a certified public accountant,
certified bank auditor and holds a master's degree in
administration from Central Michigan University, Mount Pleasant,
Mich. Thomas Rohleder joined Community First in 2001 as vice
president of risk management. In 2003, he was promoted to vice
president, general counsel and secretary of Community First. He
previously held legal and administrative positions at Banner Health
System, formerly of Fargo, N.D., and at Mayo Clinic, Rochester,
Minn. Rohleder holds a law degree and a master's degree from the
University of Minnesota, Minneapolis, Minn. Gale Skarphol
previously served as vice president of Accounting and Reporting and
audit director at Community First. He joined the company in 1987.
Skarphol's extensive experience infinancial services includes
serving in vice president, operations and audit positions for
regional banking systems in South Dakota. He is a certified
management accountant, bank auditor, financial services auditor and
certified risk professional. He holds a master's degree in business
administration from the University of South Dakota, Vermillion,
S.D. Community First Bankshares, a $5.5 billion financial services
company, provides a complete line of banking, investment,
insurance, mortgage and trust products to individuals and
businesses. The company's extensive offering of financial products
and services is marketed through full-service offices in 136
communities in 12 states-Arizona, California, Colorado, Iowa,
Minnesota, Nebraska, New Mexico, North Dakota, South Dakota, Utah,
Wisconsin and Wyoming. The company's services include an online
banking system that offers electronic bill payment and discount
brokerage capabilities, telephone banking and an extensive ATM
network. Community First Bankshares stock is traded on The Nasdaq
Stock Market(R) under the symbol CFBX. The latest investor and
other corporate information is available at its Web site,
http://www.communityfirst.com/ . This press release contains
forward-looking statements under the Private Securities Litigation
Reform Act of 1995 that are subject to certain risks and
uncertainties that could cause actual results to differ materially
from historical earnings and those presently anticipated or
projected. The company wishes to caution readers not to place undue
reliance on any such forward- looking statements, which speak only
as of the date made. Factors that could cause actual results to
differ from the results discussed in the forward- looking
statements include, but are not limited to: risk of loans and
investments, including dependence on local economic conditions;
competition for the company's customers from other providers of
financial services; possible adverse effects of changes in interest
rates; execution and implementation of a series of previously
announced strategic initiatives; balance sheet and capital ratio
risks related to the share repurchase program; risks related to the
company's acquisition and market extension strategy, including
risks of adversely changing results of operations and factors
affecting the company's ability to consummate further acquisitions
or extend its markets; and other risks detailed in the company's
filings with the Securities and Exchange Commission, all of which
are difficult to predict and many of which are beyond the control
of the company. DATASOURCE: Community First Bankshares, Inc.
CONTACT: Jeff Wilhoit of Financial Relations Board,
+1-312-640-6757, ; Mark A. Anderson of Community First Bankshares,
Inc., +1-701-298-5600, Web site: http://www.communityfirst.com/
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