Virginia Commerce Bank Announces Key Appointment of Chief Financial Officer to Executive Management Team
20 Dezember 2011 - 11:10PM
Business Wire
Virginia Commerce Bank (the “Bank”) proudly announces the
appointment of Mark S. Merrill as Executive Vice
President, Chief Financial Officer (CFO), effective February
2012. Mr. Merrill will be also be Chief Financial Officer for the
holding company, Virginia Commerce Bancorp, Inc. (the “Company”),
and will serve as Principal Accounting Officer for both the Bank
and the Company.
Mr. Merrill joins the Bank with extensive experience in the
financial services and accounting industries, and currently serves
as Executive Vice President and CFO for Tower Bancorp, Inc., in
Harrisburg, PA. Prior to joining Tower, Mr. Merrill served as Vice
President of Accounting Policy and Financial Controls for Waypoint
Financial Corp. and Waypoint Bank and as a Senior Associate in the
financial services practice of PricewaterhouseCoopers LLP. Mr.
Merrill will assume his new position with Virginia Commerce Bank
from Wilmer L. Tinley, Jr., who came out of retirement to ably
serve as the interim CFO after the untimely passing earlier in the
year of the Bank’s longstanding CFO, Bill Beauchesne. Mr. Merrill
will join the Bank after the merger of Tower Bancorp, Inc. with
Susquehanna Bancshares, Inc., which is scheduled for completion on
February 17, 2012.
“I look forward to being part of the executive management team
at Virginia Commerce Bank,” said Merrill. “The Bank has a legacy of
success in what is arguably the strongest market in the nation. My
wife and two sons are excited to move to Northern Virginia and I
look forward to working with management to continue to drive the
Bank’s strong performance.”
Peter A. Converse, President and CEO, commented, “The Board and
executive management are delighted to welcome Mark to our team. We
will benefit from his impressive accounting and financial services
background, diverse strategic planning experience and strong
leadership skills as we continue our progress toward $3 billion in
assets and beyond.”
Mr. Merrill earned his Bachelor of Science in Accounting from
Elizabethtown College. He is a Certified Public Accountant, a
member of the American Institute of Certified Public Accountants
and the Pennsylvania Institute of Certified Public Accountants and
currently serves as a member of the Board of Directors for the
Central Pennsylvania Food Bank.
Established in 1988, Virginia Commerce Bank (NASDAQ:VCBI) is a
full-service, community bank headquartered in Arlington, Virginia,
with over $2.9 billion in assets. The Bank serves the Northern
Virginia and Fredericksburg markets with twenty-eight branches, a
mortgage lending office and a wealth management services
department. For further information about VCB’s many services and a
map of convenient locations, please visit our Web site at
VCBonline.com.
© 2011 Virginia Commerce Bank. All Rights
Reserved.
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