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TCF Financial Corp (TCB)

TCB on New York Consolidated

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8 Dec 2016
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Summary

Name Age Since Current Position

William Cooper

72 2016 Chairman of the Board

Craig Dahl

61 2016 President, Chief Executive Officer, Vice Chairman of the Board

Thomas Jasper

47 2016 Vice Chairman of the Board, Chief Operating Officer

Brian Maass

42 2016 Chief Financial Officer, Executive Vice President, Chief Investment Officer, Treasurer

Thomas Butterfield

51 2015 Executive Vice President, Chief Information Officer

Bradley Adams

42 2016 Executive Vice President, Director - Corporate Development & Strategy

William Henak

57 2016 Executive Vice President

Michael Jones

47 2016 Executive Vice President - Consumer Banking, Retail Lending, and Gateway One Lending & Finance

Susan Bode

53 2012 Senior Vice President, principal Accounting Officer

Joseph Green

61 2011 Senior Vice President, General Counsel, Secretary

Tamara Schuette

48 2014 Senior Vice President,Corporate Controller

Barbara Shaw

60 1999 Senior Vice President - Corporate Human Resources

James Costa

47 2013 Chief Risk Officer

Mark Bagley

55 2013 Chief Credit Officer

Andrew Jackson

57 2012 Chief Audit Executive Officer

Julie Sullivan

57 2016 Director

Barry Winslow

68 2014 Director

Peter Bell

64 2009 Independent Director

William Bieber

74 1997 Independent Director

Theodore Bigos

63 2008 Independent Director

Karen Grandstrand

61 2010 Independent Director

George Johnson

73 1998 Independent Director

Richard King

2014 Independent Director

Vance Opperman

73 2009 Independent Director

James Ramstad

69 2011 Independent Director

Roger Sit

54 2015 Independent Director

Richard Zona

71 2011 Independent Director

Biographies

Name Description

William Cooper

Mr. William A. Cooper is Chairman of the Board of the Company. He has been employed as the executive Chairman of the Board of TCF Financial since January 1, 2016, and served as the Chief Executive Officer (“CEO”) of TCF Financial from July 2008 until December 31, 2015 and from 1987 until 2005. During his tenure with TCF Financial, he has also served in positions of leadership at TCF Bank and its subsidiaries. Mr. Cooper’s key attributes are his leadership skills and the experience gained through his long career in the banking industry and his 30-plus year tenure at TCF. Mr. Cooper’s demonstrated ability to lead the Board in deliberations on a wide variety of topics in various economic cycles has been critical to the successful functioning of the Board.

Craig Dahl

Mr. Craig R. Dahl has been appointed as President, Chief Executive Officer, Vice Chairman of the Board of the Company. He has been President and CEO of TCF Financial since January 1, 2016 and has been President of the Company since March 2015. Prior to that, Mr. Dahl had been an Executive Vice President of the Company since 1999. During his tenure, Mr. Dahl has also held numerous leadership positions with many of TCF’s wholly-owned lending subsidiaries, including Chairman of TCF Inventory Finance, Inc., Chairman and CEO of Winthrop Resources Corporation, and Chairman of Gateway One Lending and Finance, LLC. Mr. Dahl’s expertise in lending and the specialty finance industry enables him to make meaningful contributions during Board discussions.

Thomas Jasper

Mr. Thomas F. Jasper has been appointed as Vice Chairman of the Board, Chief Operating Officer of the Company. Mr. Jasper had been an Executive Vice President of the Company since 2007 and was the Chief Financial Officer of TCF Financial from 2007 to 2011. From 2001 through 2007, Mr. Jasper served in various leadership positions, including Chief Financial Officer, with TCF’s wholly-owned subsidiaries. Prior to joining TCF, he held various positions at KPMG LLP, last serving as a Senior Manager. From 2008 through February 2015, Mr. Jasper served on the Board of Directors of CommonBond Communities, the largest non-profit developer of affordable housing in the Midwest. During the last two years of his Board tenure at CommonBond he served as Board Chair. With his extensive financial, operational and risk management experience and expertise, Mr. Jasper provides an important level of insight to the Board and its review of the Company’s financial statements.

Brian Maass

Mr. Brian W. Maass has been appointed as Chief Financial Officer, Executive Vice President, Chief Investment Officer, Treasurer of the Company. He has also been an Executive Vice President of TCF Bank since 2012. Mr. Maass had been Chief Investment Officer and Treasurer of TCF Financial and TCF Bank since 2012. Prior to joining TCF, Mr. Maass was Senior Vice President, Corporate Treasury with Wells Fargo Bank, NA, a national banking association, since 2005. Mr. Maass held other senior leadership, treasury, finance and accounting positions at Wells Fargo since 2000. Prior to that, Mr. Maass was a Manager at Crowe Horwath LLP, a public accounting and consulting firm, within their Banking and Financial Services Group.

Thomas Butterfield

Mr. Thomas John Butterfield is Executive Vice President, Chief Information Officer of the Company. Prior to joining TCF, from January 2014 to August 2014, Mr. Butterfield was the Senior Vice President, Technology Strategy & Business Solutions at Target Corp, an upscale discount retail company. Beginning in January 2006, Mr. Butterfield served in various leadership positions at Target, including acting Chief Information Officer of Target Canada, from January 2011 to December 2013.

Bradley Adams

Mr. Bradley Adams serves as Executive Vice President, Director - Corporate Development & Strategy of the Company. Adams is responsible for establishing an enterprise corporate development & strategy function that supports the execution of TCF's growth pillars of diversification, profitable growth, operating leverage and core funding. He will partner with all of TCF's business lines and assist them in the identification, evaluation and execution of various strategic opportunities with an emphasis on maximizing shareholder value. Adams brings to TCF extensive experience across multiple disciplines, including corporate development, strategic planning, mergers and acquisitions, capital management, investor relations and corporate finance for both publicly traded financial services companies and private equity. Most recently, Adams was executive managing director, corporate development for Talmer Bancorp, Inc. He also served as managing director and chief financial officer of a private equity firm centered around bank investments and as director of investor relations for a large Midwestern bank holding company.

William Henak

Mr. William S. Henak has been appointed as Executive Vice President of the Company. Mr. Henak had been President and Chief Executive Officer at TCF Equipment Finance, a division of TCF Bank, since December 2012, and had also served in various leadership roles with TCF Equipment Finance, Inc., a wholly owned subsidiary of TCF Bank until its merger with the bank, since 2000 when TCF acquired First Commercial Capital Corporation, a general equipment leasing company that Mr. Henak founded in 1995. Prior to that, Mr. Henak had been an Executive Vice President for Computer Leasing, Inc., a computer leasing company, since 1985. Prior to entering the equipment finance industry, Mr. Henak was a Certified Public Accountant with KPMG Peat Marwick.

Michael Jones

Mr. Michael S. Jones is Executive Vice President - Consumer Banking, Retail Lending, and Gateway One Lending & Finance of the Company. Mr. Jones had been Executive Vice President and Chief Financial Officer of TCF Financial since January 1, 2012. He also has served in various leadership positions with certain of TCF’s wholly-owned subsidiaries since 2008. Mr. Jones has nearly 20 years of financial experience in various functions including finance and operations. Prior to joining TCF, Mr. Jones held financial leadership positions with a subsidiary of PACCAR, Inc., a manufacturer of premium commercial vehicles, and various subsidiaries of General Electric Company, a large diversified technology and financial services company.

Susan Bode

Ms. Susan D. Bode serves as the (Principal Accounting Officer) has been Senior Vice President and Chief Accounting Officer of the Company. Ms. Bode has also served as Executive Vice President and Chief Accounting Officer of TCF Bank since November 2012. Prior to being elected Executive Vice President in November 2012, she was a Senior Vice President of TCF Bank since April 2010. She has served as Chief Accounting Officer of TCF Bank since April 2010. Prior to joining TCF Bank, from 2007 to 2010, Ms. Bode served as Managing Director with the finance group of Residential Capital, LLC, a division of GMAC LLC, engaged principally in mortgage financing activities.

Joseph Green

Mr. Joseph T. Green is Secretary, General Counsel and Senior Vice President of the Company. He has also been a Senior Vice President of TCF Financial since 2008. Mr. Green has also served as General Counsel of TCF Bank since 1993 and Secretary of TCF Bank since 2001, and has been an Executive Vice President of TCF Bank since 2010.

Tamara Schuette

Ms. Tamara K. Schuette is and Senior Vice President ,Corporate Controller of the Company. Ms. Schuette is responsible for the Accounting, Financial Planning and Analysis, Operations, Quality, and Tax functions. Ms. Schuette has nearly twenty years of financial experience in various functions including finance, operations, and enterprise and operational risk. Prior to joining TCF Financial, Ms. Schuette worked at GE Capital, the financial services division of General Electric Company, and its various subsidiaries, from May 1998 to July 2014 serving in various leadership positions such as SVP of Operations of GE Fleet Services from 2007 to 2009, Enterprise and Operational Risk Leader of GE Capital Americas from 2010 to 2012, and Operational Risk Leader of GE Capital from 2012 to 2014.

Barbara Shaw

Ms. Barbara E. Shaw is Senior Vice President – Director of Corporate Human Resources of the Company. She is also Executive Vice President of Corporate Human Resources for TCF Bank. As Director of Corporate Human Resources, Ms. Shaw oversees all human resources disciplines including recruiting, employee relations, payroll, benefits, compensation, and employee development. Ms. Shaw assumed oversight of the TCF Foundation in January 2012.

James Costa

Mr. James M. Costa has been appointed as Chief Risk Officer of the Company. He has over 25 years of financial services experience, with nearly twenty years in risk management. Prior to joining TCF Financial, from 2010 to 2013, Mr. Costa served as Executive Vice President of Risk and Head of Enterprise Portfolio Management at PNC Financial Services Group, Inc., a financial services institution, and before that, from 2004 to 2010, led enterprise credit strategy for Wachovia Corporation, a financial services institution.

Mark Bagley

Mr. Mark Bagley is Chief Credit Officer of the company. Mr. Bagley was Chief Credit Officer at State Farm Bank F.S.B, a financial services institution and wholly-owned subsidiary of State Farm Mutual Automotive Insurance Company, from March 2012 to November 2013. From June 2008 to March 2012 and from July 1997 to September 2005, Mr. Bagley was employed by U.S. Bank National Association, a financial services institution, holding various positions including being responsible for credit approval for corporate banking and commercial banking lines of business as well as divisional management positions. From June 2007 through June 2008, Mr. Bagley was Chief Risk Officer for Toyota Savings Bank, a financial services institution and indirect subsidiary of Toyota Motor Corporation. From October 2005 to May 2007, he was Chief Risk Officer for Marquette Financial Companies, a financial services institution.

Andrew Jackson

Mr. Andrew J. Jackson has been the Chief Audit Executive Officer of the Company. Mr. Jackson was Executive Vice President and Corporate Auditor, in charge of the Internal Audit function, of First Tennessee Bank, a financial services institution.

Julie Sullivan

Dr. Julie H. Sullivan has appointed as Director of the company. She is president of the University of St. Thomas, located in Minnesota. Prior to her appointment at the University of St. Thomas in 2013, she served as executive vice president and provost of the University of San Diego. She also serves as a director of SI Group, a privately owned global chemical company and is a member of its Audit, Compensation and Pension Committees. Dr. Sullivan has also served on the boards of PICO Holdings Inc., Applied Micro Circuits Corp. and United PanAm Financial Corporation. She is a non-practicing certified public accountant and a member of the National Association of Corporate Directors.

Barry Winslow

Mr. Barry N. Winslow is Director of the Company. Mr. Winslow served as Vice Chairman, Corporate Development of TCF Financial from January 2012 until his retirement in July 2014, and had been a Vice Chairman of TCF since 2008. Prior to his retirement, Mr. Winslow had held various leadership positions with TCF and its subsidiaries since 1993, with the exception of January 2008 to July 2008. During that time, Mr. Winslow was a financial consultant for several banks, including TCF, with a primary focus on advice, analysis, and strategic planning related to mergers and acquisitions, as well as strategies for non-performing asset dispositions. He has served as a director of Sit Mutual Funds since 2010. Mr. Winslow has also served as an adjunct professor of finance at several universities, including Ohio State, Cincinnati, Xavier, and North Texas. Mr. Winslow has extensive knowledge of the banking industry, with an emphasis in commercial lending, which he obtained through his distinguished career. This knowledge and his experience as an advisor and former employee of TCF make him a valuable member of the Board.

Peter Bell

Mr. Peter Bell is Independent Director of the Company. Mr. Bell has served as Senior Advisor to the Center of the American Experiment, a public policy institution. From 2003 until December 2010, he was the Chair of the Metropolitan Council, a regional agency serving the Minneapolis/St. Paul metropolitan area, that operates the bus, wastewater, and parks systems, and administers funds for affordable housing opportunities, and he was responsible for strategic long-range growth planning for the Minneapolis/St. Paul metropolitan area. He was Executive Vice President at Hazelden Publishing and Educational Services from 1999 to 2002 and Executive Vice President of Corporate Community Relations at TCF National Bank, a wholly-owned national bank subsidiary of TCF Financial (“TCF Bank”), from 1994 to 1999. He was the co-founder and Executive Director of the Institute on Black Chemical Abuse and has authored and published numerous books on chemical dependence. He is a former member of the Board of Regents of the University of Minnesota, and serves on the Board of Directors of the American Action Forum, Friends of Education, Greater Twin Cities United Way, Questscope, and many other local and national social and civic organizations. In addition to unique management experience in the public and private sectors, Mr. Bell contributes his extensive experience in government affairs to the Board. As a bank holding company regulated by several federal agencies, TCF has numerous dealings with regulatory bodies, and Mr. Bell’s expertise in dealing with a wide variety of state and federal regulators is very helpful in Board deliberations that involve TCF’s regulatory relationships.

William Bieber

Mr. William F. Bieber is Independent Director of the Company. He is currently Chairman of the Board of ATEK Companies, Inc., a Minnesota-based organization supplying various products to the commercial, medical, and industrial marketplace, a position he has held since 1984. As the Chief Executive Officer and owner of Acrometal Products, a position he first held in 1973, Mr. Bieber acquired numerous manufacturing and production entities, expanding the business that would become the ATEK family of companies. He previously served as President of the Board of Hammer Residences Inc. and as a cabinet member to the Minneapolis United Way. In these roles, Mr. Bieber obtained years of management experience and financial expertise. The Board especially values his extensive experience in starting, acquiring and growing businesses. TCF attempts to run its business lines with an entrepreneurial spirit, and Mr. Bieber’s knowledge of how to turn a product concept into a profitable business venture benefits Board discussions regarding products and strategic initiatives.

Theodore Bigos

Mr. Theodore J. Bigos is Independent Director of the Company. He is the owner of Bigos Management, Inc., an apartment ownership and management firm located in Minnesota, and he has been involved in the ownership or operation of apartment complexes for over 40 years. As TCF’s primary businesses include both residential and commercial lending, Mr. Bigos’ unique experience in long-term management of an apartment conglomerate and corresponding knowledge of the real estate markets make him a valuable contributor to the Board.

Karen Grandstrand

Ms. Karen L. Grandstrand is Independent Director of the Company. She is a shareholder in the Minneapolis law firm of Fredrikson & Byron, P.A. and Chair of the firm’s Bank and Finance Group. Prior to joining the firm in 1999, Ms. Grandstrand was Senior Vice President of the Banking Supervision and Risk Management Departments at the Federal Reserve Bank of Minneapolis, where she worked from 1985 to 1999. She served as a director of Thrivent Financial Bank from 2006 to 2010 and has also served as a director for various Minnesota civic and educational entities. Ms. Grandstrand’s contributions as a Director include her insight into the regulatory environment in which TCF operates and expertise in regulatory compliance. As the banking industry is highly regulated, her knowledge, experience, and skills are invaluable to the Board’s decision making.

George Johnson

Mr. George G. Johnson is Independent Director of the Company. Mr. Johnson is a certified public accountant and Managing Director of George Johnson & Company, a certified public accounting firm which he founded in 1971, and George Johnson Consultants, a consulting firm which he founded in 1995. He is a board member and Chair of the Finance Committee of the American Alliance of Museums, which has over 4,000 member organizations, and serves as a director for various civic and educational organizations in the Detroit, Michigan area. In addition to management and entrepreneurial experience, Mr. Johnson contributes accounting expertise to the Board grounded in his 40-plus year career as a certified public accountant. The Board is focused on the integrity of TCF’s financial statements, as a public financial services company, and Mr. Johnson’s financial acumen is invaluable in the Board’s reviews.

Richard King

Mr. Richard H. (Rick) King is appointed as Independent Director of the Company. He is the Executive Vice President & Chief Information Officer at Thomson Reuters Corporation, a global provider of intelligent information, a position he has held since 2015. Mr. King has been with Thomson Reuters since 2000 serving in various positions of leadership including Executive Vice President & Chief Operating Officer for Technology from 2012 to 2015 and Chief Technology Officer of Thomson Reuters Professional Division and Executive Vice President and Chief Operating Officer of Thomson West from 2008 to 2012. Mr. King’s extensive technology experience in the information industry is beneficial to the Board, and allows him to provide special insights with respects to TCF’s information technology and information security issues.

Vance Opperman

Mr. Vance K. Opperman is Independent Director of the Company. He is President and CEO of Key Investment, a private investment company involved in publishing and other activities, a position he has held since 1996. From 1993 to 1996, he was President of West Publishing Company, a provider of legal and business information research now owned by Thomson Reuters. He has served on the Board of Directors of Thomson Reuters since 1996, has been Lead Director since 2013, and is currently the Chair of the Audit Committee of that Board. He also served on the Board of Directors of Blue Cross Blue Shield of Minnesota until June 2014. Mr. Opperman’s background in executive management and expertise in finance make him a valuable member of the Board. The legal skills he acquired as an attorney and as the president of a large public company in the legal publishing business are useful in the Board’s discussions of legal risk and regulatory issues. As president of West Publishing, Mr. Opperman acquired managerial and analytical skills which enable him to provide valuable insight to Board discussions. In addition, Mr. Opperman’s experience in the healthcare industry is unique to the Board, and allows him to provide special insights with respect to TCF’s healthcare and medical benefits issues.

James Ramstad

Mr. James M. Ramstad serves as Independent Director of the Company. He served nine terms as Minnesota Congressman in the U.S. House of Representatives from 1991 to 2009, during which time he was a member of the House Ways and Means Committee, Health and Trade Subcommittees, and Chairman of the IRS Oversight Subcommittee. Mr. Ramstad is currently a Senior Advisor to alliantgroup, LLC, a provider of specialty tax services, and a Director of the National Center on Addiction at Columbia University. After retiring from Congress in 2009, Mr. Ramstad was a teaching fellow at the Harvard University Kennedy School of Government. He is also the founder of the Ramstad Recovery Fund of the Minneapolis Foundation, which provides grants for treatment of veterans suffering from addiction. Mr. Ramstad’s service as a United States Congressman brings a wealth of knowledge and experience in political, legislative, and governmental affairs to the Board.

Roger Sit

Mr. Roger J. Sit is Director of the Company. He is the CEO, Global Chief Investment Officer and a Director of Sit Investment Associates, a privately-owned institutional investment management firm, positions he has held since 2008, and has held various positions at Sit Investment Associates since 1998. Mr. Sit has nearly twenty-five years of financial services experience. He currently serves on the Boards of Convergent Capital, Minneapolis Institute of Arts, and the McKnight Foundation. As a CEO of a successful investment management firm, Mr. Sit has acquired managerial and analytical skills which enable him to provide valuable insight to the Board.

Richard Zona

Mr. Richard A. Zona is Independent Director of the Company. Mr. Winslow served as Vice Chairman, Corporate Development of TCF Financial from January 2012 until his retirement in July 2014, and had been a Vice Chairman of TCF since 2008. Prior to his retirement, Mr. Winslow had held various leadership positions with TCF and its subsidiaries since 1993, with the exception of January 2008 to July 2008. During that time, Mr. Winslow was a financial consultant for several banks, including TCF, with a primary focus on advice, analysis, and strategic planning related to mergers and acquisitions, as well as strategies for non-performing asset dispositions. He has served as a director of Sit Mutual Funds since 2010. Mr. Winslow has also served as an adjunct professor of finance at several universities, including Ohio State, Cincinnati, Xavier, and North Texas. Mr. Winslow has extensive knowledge of the banking industry, with an emphasis in commercial lending, which he obtained through his distinguished career. This knowledge and his experience as an advisor and former employee of TCF make him a valuable member of the Board.