American Riviera Bank Announces New Chief Executive Officer
15 August 2008 - 1:55AM
Business Wire
The Board of Directors of American Riviera Bank (OTCBB:ARBV) is
pleased to announce today the appointment of Jeff DeVine as
President and Chief Executive Officer. Jeff DeVine joins American
Riviera Bank with over 20 years of banking experience, having spent
the last 14 years in the Santa Barbara banking community. DeVine
has held senior management positions at Rabobank, N.A. and
Mid-State Bank & Trust. Most recently, DeVine was Statewide
Division Manager of commercial real estate and was previously
Regional President for the Greater Santa Barbara and Santa Ynez
Valley Region. He has held senior officer positions in a range of
banking firms, serving roles in commercial, real estate, private
and investment banking during his 20 year career. �Jeff brings a
wealth of knowledge and his broad, in depth experience in virtually
all facets of banking will be a huge asset to our clients and
shareholders,� said American Riviera Bank�s Chairman of the Board,
Lawrence Koppelman. �With demonstrated success in business
leadership, community outreach, revenue growth and client
satisfaction, Jeff adds to the talent already on the American
Riviera Bank employee team. Jeff is well known and respected in the
Santa Barbara community and we welcome him as the bank continues to
grow and deliver exceptional banking service.� �I am excited to
join a true community bank, locally owned and managed, where quick
and thoughtful decisions and highly personalized and responsive
client service is the consistent focus,� said DeVine. �American
Riviera Bank offers a competitively priced, comprehensive range of
deposit accounts, loan products, and financial services matched
with best in class technology. Banking is a relationship business
and I look forward to leading this team of experienced and
empowered bankers who know the local market and community well.�
�David Duarte has done an outstanding job serving as our Acting
President and CEO since January 2008 and we are grateful for his
leadership,� said Chairman Koppelman. �Our Executive team of David
Duarte, Laurie Leighty, SVP Operations, and Michelle Martinich, SVP
Chief Financial Officer, has done a great job and we are excited to
have DeVine join this team.� Visit our website at
www.americanrivierabank.com for the full Press Release. Statements
concerning future performance, developments or events concerning
expectations for growth and market forecasts, and any other
guidance on future periods, constitute forward-looking statements
that are subject to a number of risks and uncertainties. Actual
results may differ materially from stated expectations. Specific
factors include, but are not limited to, the effect of interest
rate changes, the ability to control costs and expenses, the impact
of consolidation in the banking industry, financial policies of the
United States government, and general economic conditions.
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