People: West Bancorporation Inc (WTBA.O)

WTBA.O on Nasdaq

14.37USD
23 Jul 2014
Price Change (% chg)

$0.20 (+1.41%)
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Volume
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Summary

Name Age Since Current Position

David Milligan

66 2010 Chairman of the Board

David Nelson

53 2010 President, Chief Executive Officer, Director; Chairman and Chief Executive Officer of West Bank

Robert Pulver

66 2009 Independent Vice Chairman of the Board

Douglas Gulling

60 2011 Chief Financial Officer, Executive Vice President; Director and Chief Financial Officer of West Bank

Harlee Olafson

56 2011 Executive Vice President, Chief Risk Officer of the Company and West Bank

Brad Winterbottom

56 2011 Executive Vice President; President, Director of West Bank

Frank Berlin

68 1995 Independent Director

Thomas Carlstrom

68 2009 Independent Director

Joyce Chapman

69 2009 Independent Director

Steven Gaer

53 2011 Independent Director

Michael Gerdin

44 2013 Independent Director

Kaye Lozier

68 2009 Independent Director

Sean McMurray

46 2013 Independent Director

George Milligan

57 2005 Independent Director

James Noyce

58 2009 Independent Director

Lou Ann Sandburg

65 2011 Independent Director

Philip Worth

42 2013 Independent Director

Biographies

Name Description

David Milligan

Mr. David R. Milligan is Chairman of the Board of West Bancorporation, Inc. He has served as a Director of West Bank since 2000. Mr. Milligan has served as Chairman of the Company since April 2010. Mr. Milligan joined West Bank in 1980 and served in capacities, including General Counsel. He retired as Executive Vice President of the Company, and as Chairman and Chief Executive Officer of West Bank on December 31, 2004. He served as a Director of the Company from 2002 through 2004, and as Vice Chairman of West Bank until December 2006. He was a self-employed attorney and “Of Counsel” with Ahlers & Cooney, P.C. of Des Moines, Iowa, from March 2007 through February 2009. Mr. Milligan resumed part-time employment with West Bank in February 2009 and full-time employment in May 2009. Mr. Milligan was elected interim Chief Executive Officer of the Company and interim Chief Executive Officer and Chairman of West Bank in July 2009 and served in those positions until April 1, 2010. He then served as Executive Vice President of West Bank from April 1, 2010, through April 30, 2010. He has knowledge of bank regulatory matters, loan portfolio management, and corporate governance.

David Nelson

Mr. David D. Nelson is President, Chief Executive Officer, Director of West Bancorporation, Inc., and Chairman and Chief Executive Officer of West Bank, a subsidiary of West Bancorporation, Inc. He is Chief Executive Officer and President of the Company and Chairman and Chief Executive Officer of West Bank (since 2010). Mr. Nelson is a member of the Company's Board (since 2010). Mr. Nelson has 27 years of experience in commercial banking. He had been President, Southeast Minnesota Business Banking and President, Wells Fargo Bank Rochester in Rochester, Minnesota.

Robert Pulver

Mr. Robert G. Pulver is an Independent Vice Chairman of the Board of West Bancorporation, Inc., since July 2009. He has served as a Director of West Bank since 1981. He has served as Vice Chairman of the Board since July 2009. Mr. Pulver is the President and Chief Executive Officer of All-State Industries, Inc., an industrial rubber products manufacturer, which he founded and has operated for 37 years.

Douglas Gulling

Mr. Douglas R. Gulling is Chief Financial Officer, Executive Vice President of West Bancorporation, Inc., and Director and Chief Financial Officer of West Bank, a subsidiary of West Bancorporation, Inc. He is Executive Vice President (since 2004) and Chief Financial Officer (since 2001) of the Company. He was a member of the Company's Board from 2009 through April 2011. He serves as a director (since 2005) and Chief Financial Officer (since 2002) of West Bank. Mr. Gulling is a Certified Public Accountant (inactive) and has been employed in the banking industry since 1979.

Harlee Olafson

Mr. Harlee N. Olafson is an Executive Vice President, Chief Risk Officer of West Bancorporation, Inc., and Executive Vice President, Chief Risk Officer of West Bank, a subsidiary of West Bancorporation, Inc. He serves as a director of West Bank (since 2011). Mr. Olafson has 33 years of experience in commercial banking. Prior to joining the Company, he was President, Southern Minnesota Business Banking and President, Wells Fargo Bank Mankato in Mankato, Minnesota. He has business development, credit, and team building backgrounds.

Brad Winterbottom

Mr. Brad L. Winterbottom is an Executive Vice President of West Bancorporation, Inc., and President, Director of West Bank, a subsidiary of West Bancorporation, Inc. He is Executive Vice President of the Company (since 2006) and director and President (since 2000) of West Bank. He was a director of the Company's Board from 2009 through April 2011. He joined West Bank in 1992 and has served as an executive and policy maker since 1998. He has experience in commercial lending and loan portfolio administration and knowledge of the Central Iowa business community. Mr. Winterbottom has been employed in the banking industry since 1981.

Frank Berlin

Mr. Frank W. Berlin is an Independent Director of West Bancorporation, Inc., since 1995. He has served as a Director of West Bank since 1995. Mr. Berlin is a consultant and former President of Frank W. Berlin & Associates, a West Des Moines company specializing in employee benefits. He has knowledge and experience with executive compensation programs.

Thomas Carlstrom

Dr. Thomas A. Carlstrom is an Independent Director of West Bancorporation, Inc., since 2009. He has served as a Director of West Bank since 1996. Dr. Carlstrom is a neurosurgeon in private practice in Des Moines. He has knowledge of and familiarity with the Central Iowa business community.

Joyce Chapman

Mrs. Joyce A. Chapman is an Independent Director of West Bancorporation, Inc., since 2009. She has served as a Director of West Bank since 1975. Mrs. Chapman served as an officer of West Bank from 1971 until she retired as Executive Vice President in 2006. During her career at West Bank, she served in a capacities, covering virtually all of bank administration and operation. Mrs. Chapman is a board member of the public company American Equity Investment Life Holding Company of West Des Moines, Iowa. She has knowledge and experience with bank practices and procedures.

Steven Gaer

Mr. Steven K. Gaer is an Independent Director of West Bancorporation, Inc., since 2011. He has served as a Director of West Bank since 2011. Mr. Gaer is Chief Operating Officer and General Counsel for R&R Realty Group, Central Iowa's commercial real estate development, management, and investment company. He has knowledge of commercial real estate structuring, financing, and underwriting. He is serving as the Mayor of the City of West Des Moines, Iowa; a position he has held since April 2007. Mr. Gaer is serving on the following boards: Greater Des Moines Partnership; Choose Des Moines Communities; Metropolitan Planning Organization; and the County Assessor Boards for Polk, Dallas, Madison, and Warren counties.

Michael Gerdin

Mr. Michael J. Gerdin is an Independent Director of West Bancorporation, Inc., since 2013. Mr. Gerdin is the Chairman and Chief Executive Officer of Heartland Express, Inc., which is a publicly traded company that is a short-to-medium haul truckload carrier with corporate headquarters in North Liberty, Iowa. From 1998 to 2001, he was President of A&M Express, a wholly-owned subsidiary of Heartland Express. In 2001, Mr. Gerdin was appointed as Vice President of Regional Operations, and in 2006 he was appointed as President of Heartland Express, Inc. He became Chairman and Chief Executive Officer in 2011. Mr. Gerdin has familiarity with the Eastern Iowa business community and has extensive experience in a public company environment.

Kaye Lozier

Mrs. Kaye R. Lozier is an Independent Director of West Bancorporation, Inc., since 2009. She has served as a Director of West Bank since 2005. Mrs. Lozier is the Director of Donor Relations for the Community Foundation of Greater Des Moines. She is involved in the Des Moines area, serving as Chair for the Des Moines Enterprise Zone Commission.

Sean McMurray

Mr. Sean P. McMurray is an Independent Director of West Bancorporation, Inc., since 2013. Mr. McMurray founded DataVision Resources and served as the Chief Executive Officer for 15 years until DataVision Resources was acquired by Equifax, Inc. in 2011. Mr. McMurray served as a Senior Vice President at Equifax, Inc. until May 2013. Mr. McMurray currently serves as Chief Executive Officer at a new technology company, Praxik, LLC. As part of his employment with DataVision and Equifax, Mr. McMurray provided assistance to notable financial services companies, including Wells Fargo & Co., Bank of America and The Principal Financial Group. Mr. McMurray also currently serves as the Chairman of SmartyPig, LLC. Previously, he was the Chief Technology Officer of SmartyPig, LLC and was principally responsible for managing the integration with SmartyPig, LLC partner banks. This included satisfying all regulatory and compliance issues, monitoring risk and security during and after integration, designing accounting and tax solutions for the financial aspects of SmartyPig, LLC, and managing training and interaction between SmartyPig, LLC and the partner banks. He has also helped to build and design the business platform for Businessolver, LLC, where he serves as an owner and board member. Mr. McMurray has extensive knowledge about technology relevant to the financial services industry.

George Milligan

Mr. George D. Milligan is an Independent Director of West Bancorporation, Inc., since 2005. He has served as a Director of West Bank since 1994. Mr. Milligan is President of the Graham Group, Inc., a Des Moines, Iowa-based real estate development and investment company. He has knowledge of commercial real estate financing and underwriting. He is a board member of the public company United Fire & Casualty Company of Cedar Rapids, Iowa.

James Noyce

Mr. James W. Noyce CPA is an Independent Director of West Bancorporation, Inc. He has served as a Director of West Bank since 2009. Mr. Noyce has three decades of experience in the financial services industry, as Chief Executive Officer of FBL Financial Group, Inc. and Farm Bureau Financial Services Companies from January 2007 through April 2009 and Chief Financial Officer from January 1996 through December 2006. Prior to that, Mr. Noyce held positions with FBL Financial Group, Inc. and Farm Bureau Financial Services Companies, including Controller and Vice President. He served on the Advisory Committee to Farm Bureau Bank for approximately seven years until May 2009. Mr. Noyce served as the Senior Advisor and Gifts Officer for Drake University Athletics from August 2009 to November 2010. Mr. Noyce is a board member of the public company United Fire & Casualty Company of Cedar Rapids, Iowa. He is a board member of the registered investment company Berthel Fisher Financial Services, Inc. of Marion, Iowa.

Lou Ann Sandburg

Mrs. Lou Ann Sandburg is an Independent Director of West Bancorporation, Inc., since 2011. She has served as a Director of West Bank since 2011. Mrs. Sandburg served as Vice President of Investments at FBL Financial Group, a publicly traded financial services company located in West Des Moines, Iowa, from 1998 until her retirement in 2008. From 1980 through 1998, Mrs. Sandburg managed fixed-income portfolios at FBL. Mrs. Sandburg is a board member of the registered investment company Berthel Fisher Financial Services, Inc. of Marion, Iowa. She is a chartered financial analyst.

Philip Worth

Mr. Philip Jason Worth is an Independent Director of West Bancorporation, Inc. Mr. Worth grew up in West Des Moines, Iowa, and has been working in the family business, Gilcrest/Jewett Lumber Company since 1999. Gilcrest/Jewett Lumber Company was founded in 1856, and Mr. Worth represents the sixth generation of ownership. The company supplies building materials to general contractors and homeowners in Central and Eastern Iowa and employs 230 people at four retail locations. The company focuses on building strong, lasting relationships, extending and managing its own credit, and staying active in the communities it serves. Mr. Worth has extensive knowledge of and familiarity with the real estate construction business in the Company's primary markets.
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