People: MidWestOne Financial Group Inc (MOFG.O)
MOFG.O on Nasdaq
23.59USD
14 Jun 2013
23.59USD
14 Jun 2013
Price Change (% chg)
$-0.35 (-1.46%)
$-0.35 (-1.46%)
Prev Close
$23.94
$23.94
Open
$23.91
$23.91
Day's High
$24.02
$24.02
Day's Low
$23.50
$23.50
Volume
3,997
3,997
Avg. Vol
7,027
7,027
52-wk High
$24.25
$24.25
52-wk Low
$19.31
$19.31
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Kevin Monson |
61 | 2011 | Chairman of the Board |
Charles Funk |
58 | President, Chief Executive Officer, Director | |
Charles Howard |
57 | Vice Chairman of the Board | |
Gary Ortale |
62 | 2009 | Chief Financial Officer, Executive Vice President |
Susan Evans |
54 | 2009 | Chief Operating Officer |
Kent Jehle |
53 | 2008 | Executive Vice President, Chief Credit Officer |
James Cantrell |
53 | Vice President, Chief Risk Officer | |
John Pothoven |
70 | 2009 | Director |
Richard Donohue |
63 | 2008 | Independent Director |
Barbara Kniff-McCulla |
56 | 2010 | Independent Director |
John Koza |
67 | 1983 | Independent Director |
Robert Latham |
70 | 2011 | Independent Director |
Tracy McCormick |
52 | 2011 | Independent Director |
Robert Wersen |
70 | 2008 | Independent Director |
Stephen West |
67 | 1991 | Independent Director |
R. Scott Zaiser |
52 | 2008 | Independent Director |
Biographies
| Name | Description |
|---|---|
Kevin Monson |
Mr. Kevin W. Monson is Chairman of the Board of MidWestOne Financial Group, Inc and the Bank. He is the President, Managing Partner and majority owner of Neumann Monson, P.C., an architectural services firm headquartered in Iowa City. He became a director of the Company and the Bank in 2005. Mr. Monson is also the majority partner in Tower Partners, a real estate investment partnership. |
Charles Funk |
Mr. Charles N. Funk is President, Chief Executive Officer and Director of MidWestOne Financial Group, Inc. and the Bank. He joined the Bank in these same roles in November 2000. Prior to that, he held positions as President and Central Region Manager and Chief Investment Officer for Brenton Bank-Des Moines. Mr. Funk currently serves on the faculty of the Colorado Graduate School of Banking in Boulder, Colorado, and the Iowa School of Banking. Previously, he taught for the Stonier Graduate School of Banking at Georgetown University. He also serves on the Board of Directors of SourceMedia Group and was the Chairman of the Iowa Bankers Association in 2010 - 2011. Mr. Funk graduated with a B.A. from William Jewell College. |
Charles Howard |
Mr. Charles S. Howard is Vice Chairman of the Board of MidWest Financial Group, Inc. He became a director of the former MidWestOne in 1988 and a director of the former MidWestOne Bank in 1993. He was elected President and Chief Executive Officer of the former MidWestOne in June 1993 and elected Chairman in January 1998. Mr. Howard served as Vice Chairman of the former MidWestOne Bank from January 1996 to December 2005, at which time he was elected Chairman. He became a director of the Company upon completion of merger with the former MidWestOne in March 2008, and a director of the Bank from March 2008 to April 2011. |
Gary Ortale |
Mr. Gary J. Ortale is Chief Financial Officer, Executive Vice President of MidWestOne Financial Group, Inc. He was appointed to such position in May 2009, after serving as Interim Chief Financial Officer since January 2009. Prior to that, he was the Senior Vice President and Chief Risk Officer of the Bank, a position he assumed upon consummation of merger with the former MidWestOne in March 2008. Prior to the merger, Mr. Ortale had been serving as the Treasurer of the Company and the Senior Vice President-Chief Financial Officer of the Bank since 2002. He has been with the Company and the Bank since 1987. Mr. Ortale has a B.S. in accounting from Drake University. |
Susan Evans |
Ms. Susan R. Evans is Chief Operating Officer of MidWestOne Financial Group Inc. and MidWestOne Bank. Ms. Evans joined MidWestOne in 2001 as Senior Vice President-Retail Banking of the Bank (a position she maintained following March 2008 merger with the former MidWestOne), and was appointed to her current role as Chief Operating Officer in August 2009. She has more than thirty years of banking experience, previously serving as Indianola Market President of Brenton Bank, Des Moines, as well as Retail Market and Sales Manager for U.S. Bank, Des Moines. |
Kent Jehle |
Mr. Kent L. Jehle is Executive Vice President and Chief Credit Officer of MidWestOne Financial Group, Inc. and the Bank. He became the Company's Executive Vice President and Chief Credit Officer upon consummation of merger with the former MidWestOne in March 2008. Prior to the merger, Mr. Jehle had been serving as the Bank's Executive Vice President-Commercial Banking, since 2004. He has been with the Company and the Bank since 1986. |
James Cantrell |
Mr. James M. Cantrell is Vice President and Chief Risk Officer of MidWestOne Financial Group Inc. He is Senior Vice President and Chief Risk Officer of the Bank. He joined the Company in July 2009. Prior to joining the Company, he had been with Provident Bank in Baltimore, Maryland, since 2008, where he served as Senior Vice President and Director of Treasury Operations. In that capacity, he was responsible for management of asset/liability activities, investment portfolio accounting, and derivative activity and compliance. Prior to that, he was employed as the Senior Vice President and Treasurer of Mercantile-Safe Deposit and Trust Company in Baltimore, Maryland, where he had been employed since 2001. Mr. Cantrell has a B.A. in business and economics from Wittenberg University. |
John Pothoven |
Mr. John P. Pothoven is Director of MidWestOne Financial Group, Inc. He is a retired executive of the Company and the Bank and their predecessors. Mr. Pothoven joined board of directors in January 2009. He was a director of the former MidWestOne Financial Group, Inc. from 1994 to 2008 and a director of the former MidWestOne Bank from 1976 until its merger with the Bank in August 2008. He also served as President and Chief Executive Officer of the former MidWestOne Bank from 1984 until its merger with the Bank in August 2008 and as Chairman of the former MidWestOne Bank from 1998 to 2005. |
Richard Donohue |
Mr. Richard R. Donohue is Independent Director of MidWestOne Financial Group, In. He is the Managing Partner of TD&T Financial Group, P.C. in Cedar Rapids, Iowa, a certified public accounting firm in which he is involved in all phases of the practice. Mr. Donohue joined the board of directors of the former MidWestOne in 1999. He became a director of the Company upon completion of merger with the former MidWestOne in March 2008. Mr. Donohue was appointed to the board of directors of the Bank in 2009. |
Barbara Kniff-McCulla |
Ms. Barbara J. Kniff-McCulla is Independent Director of MidWestOne Financial Group Inc. She is the owner and CEO of KLK Construction of Pella, Iowa, which is a contractor in the telecommunications industry. Ms. Kniff-McCulla became a director of the former MidWestOne Bank in 2005, and a director of the Bank in August 2008 and of the Comany in December 2010. |
John Koza |
Mr. John S. Koza is Independent Director of MidWestOne Financial Group, Inc. He became a director of the Company in 1983 and a director of the Bank in 1982. Mr. Koza retired from his positions as Vice President of the Company and Executive Vice President of the Bank in 2000. He served in various management positions with the Company since its formation in 1983 and with the Bank since 1973. |
Robert Latham |
Mr. Robert J. Latham is an Independent Director of MidWestOne Financial Group, Inc. Mr. Latham, is the Chairman and President of Latham & Associates, Inc. in Cedar Rapids, Iowa, and is an economic and strategic analyst for the utility industry, with over 30 years of experience. Mr. Latham became a director of MidWestOne and the Bank in 2011. He previously served on the Board of First National Bank in Iowa City, Iowa. He currently serves as Chairman of the Board of Peoples Trust and Savings Bank in Clive, Iowa. |
Tracy McCormick |
Ms. Tracy S. McCormick is Independent Director of MidWestOne Financial Group, Inc. She is a retired Vice President in investment banking for J.P. Morgan & Co., Incorporated. She became a director of MidWestOne in 2011 following her retirement from the board. Ms. McCormick was educated at the University of Michigan and the London School of Economics and Political Science. |
Robert Wersen |
Mr. Robert D. Wersen is Independent Director of MidWestOne Financial Group, Inc. He is the founder and President of Interpower Corporation, which produces power system components for electrical equipment. Interpower is headquartered in Oskaloosa, Iowa, and has expanded to other Iowa communities and established a subsidiary office in England. Mr. Wersen became a director of one of the Bank's predecessor banks in 1996 and became a director of the former MidWestOne in 2006. He became a director of the Company upon completion of merger with the former MidWestOne in March 2008. |
Stephen West |
Mr. Stephen L. West is Independent Director of MidWestOne Financial Group, Inc. He is the majority owner and Chairman of West Music Company Inc., a musical instrument and supply store headquartered in Coralville, Iowa. He has been a director of the Company and the Bank since 1991. Mr. West is also the Treasurer of Accent LLC, a private-label musical instruments company, and the President of WestInvest, L.C., a family investment vehicle. |
R. Scott Zaiser |
Mr. R. Scott Zaiser is Independent Director of MidWestOne Financial Group, Inc. He is the President of Zaiser's Landscaping, Inc. in Burlington, Iowa, which is a landscaping company specializing in the design and installation of landscaping for residential and commercial properties in southeastern Iowa and west central Illinois. Mr. Zaiser became a director of the former MidWestOne Bank in 2000 and became a director of the former MidWestOne in 2006. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Kevin Monson |
-- |
Charles Funk |
585,556 |
Charles Howard |
331,041 |
Gary Ortale |
299,310 |
Susan Evans |
317,893 |
Kent Jehle |
315,079 |
James Cantrell |
225,421 |
John Pothoven |
319,654 |
Richard Donohue |
-- |
Barbara Kniff-McCulla |
-- |
John Koza |
-- |
Robert Latham |
-- |
Tracy McCormick |
-- |
Robert Wersen |
-- |
Stephen West |
-- |
R. Scott Zaiser |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Kevin Monson |
0 | 0 |
Charles Funk |
8,500 | 84,385 |
Charles Howard |
0 | 0 |
Gary Ortale |
0 | 0 |
Susan Evans |
1,200 | 12,510 |
Kent Jehle |
4,500 | 37,440 |
James Cantrell |
0 | 0 |
John Pothoven |
0 | 0 |
Richard Donohue |
0 | 0 |
Barbara Kniff-McCulla |
0 | 0 |
John Koza |
0 | 0 |
Robert Latham |
0 | 0 |
Tracy McCormick |
0 | 0 |
Robert Wersen |
0 | 0 |
Stephen West |
0 | 0 |
R. Scott Zaiser |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
LATHAM ROBERT J |
500 | $0.00 |
KNIFF-MCCULLA BARBARA J |
500 | $0.00 |
WERSEN ROBERT D |
500 | $0.00 |
KOZA JOHN S |
500 | $0.00 |
DONOHUE RICHARD R |
500 | $0.00 |
WEST STEPHEN L |
500 | $0.00 |
POTHOVEN JOHN P |
500 | $0.00 |
MCCORMICK TRACY S |
500 | $0.00 |
HOWARD CHARLES S |
500 | $0.00 |
MONSON KEVIN W |
500 | $0.00 |
ZAISER R SCOTT |
500 | $0.00 |
HOWARD CHARLES S |
220 | $22.70 |
HOWARD CHARLES S |
100 | $22.91 |
HOWARD CHARLES S |
700 | $22.88 |
HOWARD CHARLES S |
100 | $22.91 |
HOWARD CHARLES S |
980 | $22.50 |
HOWARD CHARLES S |
200 | $22.82 |
HOWARD CHARLES S |
500 | $22.80 |
HOWARD CHARLES S |
300 | $22.90 |
HOWARD CHARLES S |
400 | $22.81 |
HOWARD CHARLES S |
100 | $22.82 |
EVANS SUSAN R |
1,500 | $0.00 |
ORTALE GARY JOHN |
95 | $22.85 |
FUNK CHARLES N |
3,000 | $0.00 |
POTHOVEN JOHN P |
500 | $0.00 |

