Farmers & Merchants Bank of Long Beach Announces Executive Management Transition and Organizational Realignment
Retrieved on:
Friday, November 10, 2023
Banking, Professional Services, Finance, Citigroup, First, KMPG, BSA/AML, Senior, Bank, Risk management, CFO, Executive, Risk, Fraud, Certified Public Accountant, Wyle Laboratories, Orange County Business Journal, Strategic planning, Culture, FleetBoston Financial, Financial management, Retirement, Growth, Management, Farmer
Farmers & Merchants Bank of Long Beach (“F&M” or the “Bank”) (OTCQX: FMBL) today announced key changes to its executive management team and promotions to new roles, reinforcing the Bank’s strategic vision and next stage of growth and development.
Key Points:
- Farmers & Merchants Bank of Long Beach (“F&M” or the “Bank”) (OTCQX: FMBL) today announced key changes to its executive management team and promotions to new roles, reinforcing the Bank’s strategic vision and next stage of growth and development.
- The transition marks the culmination of F&M’s succession plan and creates a new role, Executive Chairman of the Board, independent of the Chief Executive Officer.
- Effective January 1, 2024, Taylor L. Hoang will be promoted to Executive Vice President, Chief Financial Officer, succeeding John W.H.
- Hinrichs, who is retiring from the Bank at the end of the year after serving as its CFO since 2000 and joining the Bank in 1964.