LONG BEACH, Calif.--(BUSINESS WIRE)--
Farmers & Merchants Bank of Long Beach (OTCQB: FMBL) today announced
that business leaders JoAnn M. Bourne and Christine A. Scheuneman have
been elected to its board of directors.
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Christine A. Scheuneman (Photo: Business Wire)
They succeed William G. Hayter and Timothy W. Jackert, who are retiring
from the board after serving for 31 years and 13 years, respectively.
Bourne, who becomes a member of the Bank’s Audit Committee, is a retired
Senior Executive Vice President at MUFG Union Bank. She served on the
Executive Management Committee and the US Management Committee in the
Americas. Bourne has extensive executive experience in governance and
risk management, commercial banking, global treasury management,
technology, product management, global trading and trust custody
services. She received a BA degree from Pepperdine University.
Scheuneman, who becomes a member of the Bank’s Risk and Compliance
Committee, is a recently retired partner with the law firm Pillsbury
Winthrop Shaw Pittman LLP. Her practice in complex business, class
action and commercial matters has included real estate and finance
clients, regulatory investigation and loan and asset
workouts/acquisitions. She is skilled in national and international
retail, as well as commercial and consumer product matters. Scheuneman
is a published author on corporate governance and finance issues and is
a Governance Fellow with the National Association of Corporate
Directors. She received a JD degree from DePaul University College of
Law and a BA degree from University of Kansas.
“JoAnn and Christine bring deep and relevant experience to our Bank, and
we welcome them as our newest directors,” said Daniel Walker, chief
executive officer and chairman of the board. “At the same time, I extend
thanks and gratitude to our two retiring board members, who served the
Bank well and whose thoughtful guidance was valued throughout our
organization.”
The search for the independent directors was conducted by Executives
Unlimited Inc., a national retained executive search firm headquartered
in Long Beach, California.
About Farmers & Merchants Bank
Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank
has 25 branches across Orange County, Long Beach, the South Bay and
Santa Barbara. The Bank specializes in commercial and small business
banking, business loan programs, home loans, and a robust offering of
consumer retail banking products, including checking, savings and youth
accounts. Farmers & Merchants Bank is a California state-chartered bank
with deposits insured by the Federal Deposit Insurance Corporation
(Member FDIC) and an Equal Housing Lender. For more information about
F&M, please visit the website, www.fmb.com.
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John Hinrichs
Executive Vice President
562-437-0011, ext. 5035
Evan Pondel/Roger Pondel
PondelWilkinson Inc.
310-279-5980
Source: Farmers & Merchants Bank of Long Beach