STOCK TITAN

Tectonic Financial Appoints David Clifford as President; Michelle Baird as Chief Financial Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management

Tectonic Financial (NASDAQ: TECTP) has announced key leadership changes effective May 12, 2025. David J. Clifford, who has served as Chief Operating Officer since December 2023, has been appointed as President while retaining his COO role. Clifford, who joined the company in 2018 as Chief Strategy Officer, has been crucial in developing the firm's product and technology platform.

Michelle K. Baird, previously Executive Vice President, has been promoted to Chief Financial Officer, succeeding Ken Bramlage. Baird has led the company's accounting and tax regulatory compliance programs since inception. Bramlage will continue as CFO of T Bank, N.A., Tectonic Financial's largest operating subsidiary, which is approaching $1 billion in assets.

Tectonic Financial (NASDAQ: TECTP) ha annunciato importanti cambiamenti nella leadership a partire dal 12 maggio 2025. David J. Clifford, che ricopre il ruolo di Chief Operating Officer dal dicembre 2023, è stato nominato Presidente mantenendo anche la carica di COO. Clifford, entrato in azienda nel 2018 come Chief Strategy Officer, è stato fondamentale nello sviluppo della piattaforma di prodotti e tecnologia dell'azienda.

Michelle K. Baird, precedentemente Vicepresidente Esecutiva, è stata promossa a Chief Financial Officer, succedendo a Ken Bramlage. Baird ha guidato i programmi di contabilità e conformità fiscale dell'azienda fin dalla sua nascita. Bramlage continuerà a ricoprire il ruolo di CFO di T Bank, N.A., la più grande controllata operativa di Tectonic Financial, che sta per raggiungere 1 miliardo di dollari in attività.

Tectonic Financial (NASDAQ: TECTP) ha anunciado cambios clave en su liderazgo que entrarán en vigor el 12 de mayo de 2025. David J. Clifford, quien ha sido Director de Operaciones desde diciembre de 2023, ha sido nombrado Presidente manteniendo su rol de COO. Clifford, que se unió a la empresa en 2018 como Director de Estrategia, ha sido fundamental en el desarrollo de la plataforma de productos y tecnología de la firma.

Michelle K. Baird, anteriormente Vicepresidenta Ejecutiva, ha sido promovida a Directora Financiera, sucediendo a Ken Bramlage. Baird ha liderado los programas de contabilidad y cumplimiento fiscal de la empresa desde sus inicios. Bramlage continuará como CFO de T Bank, N.A., la subsidiaria operativa más grande de Tectonic Financial, que está cerca de alcanzar 1.000 millones de dólares en activos.

Tectonic Financial (NASDAQ: TECTP)는 2025년 5월 12일부터 적용되는 주요 리더십 변화를 발표했습니다. 2023년 12월부터 최고운영책임자(COO)를 맡아온 David J. Clifford가 COO 직책을 유지하면서 사장으로 임명되었습니다. 2018년 최고전략책임자(CSO)로 입사한 Clifford는 회사의 제품 및 기술 플랫폼 개발에 중요한 역할을 해왔습니다.

Michelle K. Baird는 이전에 수석 부사장이었으며, Ken Bramlage의 뒤를 이어 최고재무책임자(CFO)로 승진했습니다. Baird는 회사 설립 초기부터 회계 및 세무 규제 준수 프로그램을 이끌어왔습니다. Bramlage는 Tectonic Financial의 최대 운영 자회사인 T Bank, N.A.의 CFO로 계속 근무할 예정이며, 이 은행은 10억 달러 자산에 근접하고 있습니다.

Tectonic Financial (NASDAQ : TECTP) a annoncé des changements clés dans sa direction, effectifs à partir du 12 mai 2025. David J. Clifford, qui occupe le poste de Chief Operating Officer depuis décembre 2023, a été nommé Président tout en conservant son rôle de COO. Clifford, qui a rejoint l'entreprise en 2018 en tant que Chief Strategy Officer, a joué un rôle crucial dans le développement de la plateforme de produits et de technologie de la société.

Michelle K. Baird, auparavant Vice-Présidente Exécutive, a été promue Chief Financial Officer, succédant à Ken Bramlage. Baird a dirigé les programmes de comptabilité et de conformité fiscale de l'entreprise depuis sa création. Bramlage continuera en tant que CFO de T Bank, N.A., la plus grande filiale opérationnelle de Tectonic Financial, qui approche les 1 milliard de dollars d'actifs.

Tectonic Financial (NASDAQ: TECTP) hat wesentliche Führungsänderungen bekannt gegeben, die ab dem 12. Mai 2025 wirksam werden. David J. Clifford, der seit Dezember 2023 als Chief Operating Officer tätig ist, wurde zum Präsidenten ernannt und behält gleichzeitig seine COO-Position. Clifford, der 2018 als Chief Strategy Officer zum Unternehmen kam, war maßgeblich an der Entwicklung der Produkt- und Technologieplattform des Unternehmens beteiligt.

Michelle K. Baird, zuvor Executive Vice President, wurde zur Chief Financial Officer befördert und tritt die Nachfolge von Ken Bramlage an. Baird leitet seit der Gründung die Buchhaltungs- und steuerlichen Compliance-Programme des Unternehmens. Bramlage wird weiterhin CFO der T Bank, N.A. bleiben, der größten operativen Tochtergesellschaft von Tectonic Financial, die kurz davorsteht, 1 Milliarde US-Dollar an Vermögenswerten zu erreichen.

Positive
  • Internal promotion of experienced executives who have been with the company for several years
  • T Bank approaching significant milestone of $1 billion in assets
  • Retention of former CFO Ken Bramlage within the organization as T Bank's CFO
Negative
  • None.

DALLAS, TX / ACCESS Newswire / May 14, 2025 / Tectonic Financial, Inc. ("Tectonic Financial" or the "Company") (NASDAQ:TECTP), a diversified banking and financial services holding company, today announced the appointment of David J. Clifford as its President and Michelle K. Baird as its Chief Financial Officer, effective May 12, 2025.

Mr. Clifford, who has served as Chief Operating Officer of the Company since December 2023, also assumes the role of President. Mr. Clifford joined the Company in 2018 as Chief Strategy Officer and has been instrumental in developing the firm's product and technology platform and enhancing client experience.

"I'm honored to step into the President role and will continue driving our strategy of steady growth, innovation and outstanding service," Mr. Clifford said.

Ms. Baird succeeds Ken Bramlage as Chief Financial Officer of the Company. She has served as Executive Vice President since the Company's inception and has led the Company's accounting and tax regulatory compliance programs.

"Sound capital management and clear reporting give every team at Tectonic Financial the confidence to move quickly," Ms. Baird said. "I will maintain the financial discipline and transparency that support our continued growth."

Mr. Bramlage will continue as Chief Financial Officer of T Bank, N.A. ("T Bank"), Tectonic Financial's largest operating subsidiary, which is approaching $1 billion in assets. His ongoing focus will support T Bank's growth and operations.

A. Haag Sherman, Co-Founder and Chief Executive Officer of Tectonic Financial, said, "David and Michelle have been pivotal in our evolution. Their leadership and expertise will be invaluable as we continue to innovate and grow. I also extend my gratitude to Ken, who has been-and will continue to be-essential to T Bank's success."

About Tectonic Financial

Tectonic Financial, Inc. is a financial holding company offering commercial banking, trust, retirement, retirement plan administration, insurance, defined contribution and defined benefit plan design, participant directed plan recordkeeping and third party administration, securities brokerage, wealth management and factoring through its subsidiaries T Bank, N.A., Tectonic Advisors, LLC, Sanders Morris LLC, HWG Insurance Agency LLC, The Nolan Company, a division of T Bank, N.A., and Integra Funding Solutions, a division of T Bank, N.A. As of March 31, 2025, Tectonic has nearly $1 billion in banking assets at T Bank, N.A. and over $8 billion in client investment assets. Dedicated to delivering exceptional customer experiences, Tectonic Financial combines high-tech solutions with a personal touch, providing strong returns on equity and assets. The Company's Series B non-cumulative perpetual preferred stock is publicly traded on Nasdaq Capital Market under the symbol "TECTP."

For more information, visit tectonicfinancial.com.

Media Contact:

Susan Bailey
Corporate Communications
Tectonic Financial, Inc.
713.220.5115

SOURCE: Tectonic Financial, Inc.



View the original press release on ACCESS Newswire

FAQ

Who is the new President of Tectonic Financial (TECTP)?

David J. Clifford, who previously served as Chief Operating Officer, has been appointed as President of Tectonic Financial effective May 12, 2025.

Who is the new CFO of Tectonic Financial (TECTP)?

Michelle K. Baird, previously Executive Vice President, has been appointed as Chief Financial Officer of Tectonic Financial effective May 12, 2025.

What happened to Ken Bramlage at Tectonic Financial?

Ken Bramlage will continue as Chief Financial Officer of T Bank, N.A., Tectonic Financial's largest operating subsidiary.

What is the asset size of T Bank, Tectonic Financial's subsidiary?

T Bank, N.A., Tectonic Financial's largest operating subsidiary, is approaching $1 billion in assets.

When did David Clifford join Tectonic Financial?

David Clifford joined Tectonic Financial in 2018 as Chief Strategy Officer.
Tectonic Financial Inc

NASDAQ:TECTP

TECTP Rankings

TECTP Latest News

TECTP Stock Data

42.18M
7.02M
0.72%
2.65%
Banks - Regional
Financial Services
Link
United States
Dallas