Financial Services Leader Brings Investment Management Expertise
NOVATO, Calif.--(BUSINESS WIRE)--
The Board of Directors of Bank of Marin Bancorp (NASDAQ: BMRC), parent
company of Bank of Marin, (collectively, the “Bank”), has appointed
James C. Hale to its Boards of Directors, effective March 3, 2014. Hale
brings 35 years of financial services experience to the Bank Boards,
which now have 12 active members.
Hale’s distinguished career in the financial services industry includes
16 years at BancAmerica Securities as Senior Managing Partner and Head
of the Financial Services Group, where he advised banks, insurance
companies and financial service companies on mergers and acquisitions
and other complex financial transactions. Hale is currently General
Partner of FTV Capital, a firm he founded in 1998 to invest in
innovative technologies for the financial services industry.
“Jim’s financial services and investment management experience will
greatly benefit our Board, particularly as we evaluate new growth
opportunities, one of our highest priorities,” said Stuart Lum, Chairman
of the Board. “Jim has a strong track record of success in business, an
entrepreneurial spirit and great energy for driving positive change in
the industry. He will be an excellent ambassador for the Bank.”
Hale is a Certified Public Accountant and will join the Board’s Audit
Committee as its financial expert. He is an active board member and
director with several US public and private companies and is on the
Investment Committee for Saint Ignatius College Prep Endowment. He has
also been a board member for many other non-profit organizations,
including the University of California Berkeley Endowment, Duke
University Endowment, and Public Radio International.
A frequent speaker, Hale has presented at numerous financial services
conferences and corporate meetings including recent engagements with
Harvard Business School and the BAI Retail Delivery Conference.
Hale has a Bachelor of Science in Finance & Accounting from the
University of California, Berkeley and earned an MBA from Harvard
University. He resides with his family in Belvedere, CA.
About Bank of Marin
Bank of Marin, as the sole subsidiary of Bank of Marin Bancorp (NASDAQ:
BMRC), is the premier community and business bank in Marin County with
21 offices in Marin, San Francisco, Napa, Sonoma and Alameda counties.
Bank of Marin offers business and personal banking, private banking and
wealth management services, with a strong focus on supporting local
businesses in the community. Incorporated in 1989, Bank of Marin has
received the highest five star rating from Bauer Financial for more than
fourteen years (www.bauerfinancial.com)
and has been recognized for several years as one of the "Best Places to
Work in the North Bay" by the North Bay Business Journal and one of the
“Top Corporate Philanthropists" by the San Francisco Business Times.
With assets in excess of $1.8 billion, Bank of Marin Bancorp is included
in the Russell 2000 Small-Cap Index and has been recognized as a Top 200
Community Bank for the past five years by US Banker Magazine. For more
information, go to www.bankofmarin.com.
Pfaff PR for Bank of Marin
Sandy Pfaff, 415-819-7447
sandy@pfaffpr.com
Source: Bank of Marin Bancorp