People: Washington Banking Company (WBCO.O)
WBCO.O on Nasdaq
10.70USD
10:14am EST
10.70USD
10:14am EST
Price Change (% chg)
$-0.13 (-1.20%)
$-0.13 (-1.20%)
Prev Close
$10.83
$10.83
Open
$10.76
$10.76
Day's High
$10.95
$10.95
Day's Low
$10.60
$10.60
Volume
2,918
2,918
Avg. Vol
32,865
32,865
52-wk High
$12.77
$12.77
52-wk Low
$6.01
$6.01
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Pickering, Anthony | 61 | 2005 | Chairman of the Board |
| Shields, Richard | 49 | 2004 | Chief Financial Officer, Executive Vice President of the Company and Bank |
| Wagner, John | 65 | 2008 | President and Chief Executive Officer, Director of the Company and the Bank |
| Niemer, Joseph | 57 | 2005 | Executive Vice President and Chief Credit Officer of the Bank |
| Lien, Jay | 65 | 2001 | Director |
| Wallgren, Edward | 70 | 1998 | Director |
| Krieg, Karl | 72 | 2003 | Director |
| Olson, Robert | 73 | 2005 | Director |
| Wintch, Dennis | 62 | 2006 | Director |
| Davidson, Gregg | 52 | 2009 | Director |
| Miller, Gragg | 57 | 2009 | Director |
Biographies
| Name | Description |
|---|---|
| Pickering, Anthony | Mr. Anthony B. Pickering is Chairman of the Board of Washington Banking Company. He recently sold the ownership of Max Dale’s Restaurant and Stanwood Grill, both local restaurants that he owned since 1983 and 2001, respectively. Mr. Pickering is a past-President of the Skagit Valley Hospital Foundation and previously served as a Trustee for the Washington State University Foundation Board of Trustees. |
| Shields, Richard | Mr. Richard A. Shields is Executive Vice President and Chief Financial Officer of the Company and the Bank. Mr. Shields joined the Bank in 2004 and has over 20 years of experience in various accounting-related positions with Pacific Northwest-based banks. From November 1998 until October 2004, he was the Vice President and Controller at Umpqua Bank in Oregon. |
| Wagner, John | Mr. John L. Wagner is Director of Washington Banking Corporation. He has been the President and Chief Executive Officer of WBCO since October 2008 and the President and Chief Executive Officer of the Bank since April 2007. He joined the Bank in 1999 as Senior Vice President and Regional Manager in Whatcom County. In 2002, Mr. Wagner was selected to oversee branch administration and was promoted to COO in 2004. Mr. Wagner has an extensive background in banking and international finance as well as comprehensive administrative experience as former President of Bank of Washington in Bellingham, Washington. |
| Niemer, Joseph | Mr. Joseph W. Niemer is the Executive Vice President and Chief Credit Officer of the Bank. He joined the Bank in 2005. Mr. Niemer has over 30 years of experience in various credit-related positions with Pacific Northwest-based banks. Most recently, he was the Senior Vice President and Chief Credit Officer for Washington Mutual Bank’s Commercial Group, a position he held from 1995 - 2004, where he oversaw commercial and commercial real estate credit decisions. |
| Lien, Jay | Mr. Jay T. Lien is Director of Washington Banking Company. He has been the president of a real estate company since 1986. He is currently the President of Saratoga Passage LLC, a real estate company. Mr. Lien served as Chairman of the Board of WBCO and the Bank from September 1998 until April 2001. |
| Wallgren, Edward | Mr. Edward J. Wallgren is Director of Washington Banking Comapny. He has been the President of Island O.K. Tires, Inc. since 1968. Island O.K. Tires, Inc. is currently the owner of one Les Schwab Tire store in northwestern Washington. Mr. Wallgren served as Chairman of the Board of WBCO and the Bank from February 1996 until September 1998. |
| Krieg, Karl | Mr. Karl C. Krieg is Director of Washington Banking Company. He has been the President of Krieg Construction, Inc. since 1979 and is also the President of Krieg Concrete Products, Inc. Mr. Krieg served as Chairman of the Board of WBCO and the Bank from April 2001 until April 2003. |
| Olson, Robert | Mr. Robert B. Olson is Director of Washington Banking Company. He is a private investor and has been involved in land development since 1991. Mr. Olson previously served as the President and Chief Executive Officer of four banks in Washington and Oregon. Mr. Olson served as Chairman of the Board of WBCO and the Bank from April 2003 until April 2005. |
| Wintch, Dennis | Mr. Dennis A. Wintch is Director of Washington Banking Company. He is a retired partner with the accounting firm BDO Seidman, LLP. He was a partner with BDO Seidman, LLP from June 2001 until his retirement on June 30, 2005. A Certified Public Accountant for over 40 years, Mr. Wintch is also a Certified Fraud Examiner and an Accredited Senior Appraiser in Business Valuation. He holds a Bachelor of Arts degree from Brigham Young University, and spent 25 years with the Everett Police Department as a reserve volunteer, participating in numerous criminal investigations. |
| Davidson, Gregg | Mr. Gregg A. Davidson is Director of Washington Banking Company. He has been the CEO of Skagit Valley Hospital in Mount Vernon, WA since 2004. He also served as Chief Operating Officer of Affiliated Health Services and has spent a total of 30 years with Skagit Valley Hospital and Affiliated Health Services. He holds a Bachelor’s Degree from the University of Washington and a Master’s of Science in Health Care Administration from Trinity University in San Antonio, Texas. He is a Fellow in the American College of Healthcare Executives and a board certified health care executive. |
| Miller, Gragg | Mr. Gragg E. Miller is Director of Washington Banking Company. He is the President of Coldwell Banker Miller-Arnason in Bellingham, a position he has held since 1978. Miller holds a Bachelor’s Degree from the University of Washington. He has attended numerous professional institutes in the real estate field and was honored with the Lifetime Achievement Award from the Whatcom County Board of Realtors in 2006. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Pickering, Anthony | -- |
| Shields, Richard | 295,084 |
| Wagner, John | 362,883 |
| Niemer, Joseph | 274,884 |
| Lien, Jay | -- |
| Wallgren, Edward | -- |
| Krieg, Karl | -- |
| Olson, Robert | -- |
| Wintch, Dennis | -- |
| Davidson, Gregg | -- |
| Miller, Gragg | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Pickering, Anthony | 0 | 0 |
| Shields, Richard | 124 | 120 |
| Wagner, John | 4,382 | 47,334 |
| Niemer, Joseph | 0 | 0 |
| Lien, Jay | 0 | 0 |
| Wallgren, Edward | 0 | 0 |
| Krieg, Karl | 0 | 0 |
| Olson, Robert | 0 | 0 |
| Wintch, Dennis | 0 | 0 |
| Davidson, Gregg | 0 | 0 |
| Miller, Gragg | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| WALLGREN EDWARD J | 666 | $0.00 |
| PICKERING ANTHONY B | 666 | $0.00 |
| WINTCH DENNIS A | 666 | $0.00 |
| LIEN JAY T | 666 | $0.00 |
| PICKERING ANTHONY B | 400 | $0.00 |
| WALLGREN EDWARD J | 400 | $0.00 |
| LIEN JAY T | 400 | $0.00 |
| WINTCH DENNIS A | 400 | $0.00 |
| SHIELDS RICHARD A JR | 501 | $0.00 |
| MILLER GRAGG E | 1,250 | $9.00 |
| SHIELDS RICHARD A JR | 2,500 | $9.00 |
| WAGNER JOHN L | 2,500 | $9.00 |
| MILLER GRAGG E | 1,250 | $9.00 |
| WINTCH DENNIS A | 1,500 | $9.65 |
| DAVIDSON GREGG A | 1,000 | $9.70 |
| LIEN JAY T | 3,335 | $9.83 |
| LIEN JAY T | 196 | $0.00 |
| WALLGREN EDWARD J | 196 | $0.00 |
| WINTCH DENNIS A | 196 | $0.00 |
| PICKERING ANTHONY B | 196 | $0.00 |
| NIEMER JOSEPH W | 175 | $0.00 |
| WAGNER JOHN L | 175 | $0.00 |
| SHIELDS RICHARD A JR | 175 | $0.00 |
| KRIEG KARL C | 2,000 | $0.00 |
| OLSON ROBERT B | 392 | $0.00 |
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