International Bancshares Corporation Announces Appointment of New Directors
07 8월 2010 - 3:25AM
Business Wire
International Bancshares Corporation (“IBC”) today announced
that on August 5, 2010, IBC’s Board of Directors appointed Douglas
B. Howland and Larry A. Norton to IBC’s Board.
The Board unanimously voted to appoint Mr. Howland and Mr.
Norton as new directors of IBC. Mr. Howland has been the CEO of a
construction company in Laredo, Texas for more than twenty years.
Mr. Howland has also served as a board member of IBC’s subsidiary
bank, International Bank of Commerce, Laredo, Texas, since February
2010 and is a member of that board’s Executive Committee.
Additionally, he has served as a board member of IBC’s subsidiary
bank, Commerce Bank, since June 1989, and is a member of that
board’s Executive Committee, Audit Committee and Investment
Committee. Mr. Howland will serve on two committees of IBC’s Board,
the Audit Committee and the Asset/Liability, Investment, Balance
Sheet-Management, Funds Management/Liquidity/Interest Rate Risk
Committee.
Mr. Norton has been the President of a family retail sales
business and has owned a retail computer sales company in Laredo,
Texas for more than twenty years. Mr. Norton has also served as a
board member of International Bank of Commerce, Laredo, Texas since
February 2010 and is a member of that board’s Executive Committee.
Additionally, he has served as a board member of Commerce Bank
since June 1982, and serves on that board’s Executive and Audit
Committees. Mr. Norton will serve on two committees of IBC’s Board,
the Audit Committee and the Asset/Liability, Investment, Balance
Sheet-Management, Funds Management/Liquidity/Interest Rate Risk
Committee.
IBC (NASDAQ:IBOC) is an $11.3 billion multi-bank financial
holding company headquartered in Laredo, Texas, with 279 facilities
and over 435 ATMs serving 105 communities in Texas and
Oklahoma.
“Safe Harbor” statement under the Private Securities Litigation
Reform Act of 1995: The statements contained in this release which
are not historical facts contain forward-looking information with
respect to plans, projections or future performance of IBC and its
subsidiaries, the occurrence of which involve certain risks and
uncertainties detailed in IBC’s filings with the Securities and
Exchange Commission.
Copies of IBC’s SEC filings and Annual Report (as an exhibit to
the 10-K) may be downloaded from the SEC filings site located at
http://www.sec.gov/edgar.shtml or IBC’s website at
http://www.ibc.com.
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