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Home > BizTimes Daily > Archives > March 19, 2010
Park Bank names new president
Published March 19, 2010 - BizTimes Daily
The Board of Directors at Milwaukee-based Park Bank has named Dave Werner as the bank’s next president. Werner will succeed P. Michael Mahoney, as the bank’s president. Mahoney will continue to serve as the bank’s chairman and chief executive officer.
Mahoney has served as president of Park Bank for 27 years, and CEO and Chairman for 24 years. Werner’s promotion is the beginning of a leadership transition plan for the company.
“The timing is right to begin the transition process,” Mahoney said. “To ensure a smooth, natural transition, I will remain involved and committed as chairman of the board and chief executive officer of Park Bank.”
Werner has worked with Park Bank for 21 years, most recently as its senior vice president and market manager.
“Dave has a strong knowledge of the banking industry, financial operations, commercial banking, and our customer base,” Mahoney said. “I congratulate him on the successes he has achieved and look forward to more to come.”
“I am honored to have the opportunity to continue Park Bank’s strong leadership and commitment to serving our customers, stockholders, employees and community,” Werner said. “I have greatly benefited from the mentorship extended to me by Mike Mahoney over the past 21 years and am grateful to know that I can continue to depend on his support.”
The bank has made several other senior level promotions.
Phil Hackman has been named executive vice president of product sales and marketing. Hackman, who was previously senior vice president and market manager, will now oversee the bank’s treasury management, private banking, personal banking, consumer investments, residential mortgages and marketing.
Bob Makowski has been named executive vice president and chief financial officer. Makowski was previously senior vice president and chief financial officer.
Kim Schaffer, senior vice president and market manager, will now oversee the bank’s leasing activities.
“Park Bank has prospered for 95 years because of our strong leadership team, a constant belief in who we are and what we do, and a loyal group of customers and employees,” Mahoney said. “Our senior leadership team has worked together collectively and collaboratively for nearly 10 years, and will continue to do so. We are well positioned for the future and this planned transition allows us to continue our successful planning for the years ahead.”
