Departure of Director or Certain Officers
Solera National Bancorp has announced the resignations of key executives Kreighton Reed and Peter Lindquist from Solera National Bank.
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Rhea-AI Summary
Solera National Bancorp has announced the resignations of key executives Kreighton Reed and Peter Lindquist from Solera National Bank. Reed's resignation took effect on January 24, 2022, while Lindquist departed on December 10, 2021. Chairman Mike Quagliano expressed gratitude for their contributions and emphasized the Bank's commitment to enhancing customer service and advancing technology initiatives aimed at long-term success.
Positive
- Focus on technology initiatives for long-term success
- Commitment to delivering high-quality customer service
Negative
- Resignation of key executives may lead to instability
Details
News Market Reaction – SLRK
The recorded move for SLRK in the trading session of this news was -2.52%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAKEWOOD, CO / ACCESSWIRE / February 3, 2022 / Solera National Bancorp, Inc. (the "Company") (OTC PINK:SLRK) and Solera National Bank (the ‘Bank'), a national bank and subsidiary of the Company announced that Kreighton Reed, President/Board member, and Peter Lindquist, Executive Vice President and Chief Credit Officer have resigned from the Bank. Mr. Reed's resignation was effective as of the close of business January 24, 2022. Mr. Lindquist's resignation was effective as of the close of business December 10, 2021.
"We thank Kreighton and Peter for their many contributions to Solera" said Solera Bank's Chairman, Mike Quagliano. "Our team continues to move forward and we are focused on delivering top notch customer service to our customers and executing on technology initiatives that will drive our long-term success."
Investor Relations Contacts:
Cheri Walz
Executive Vice President, Chief Financial Officer
cwalz@solerabank.com
SOURCE: Solera National Bancorp, Inc.
View source version on accesswire.com:
https://www.accesswire.com/687197/Departure-of-Director-or-Certain-Officers
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