Enterprise Financial Services Corp Announces Retirement of John Eulich from Board of Directors
17 February 2023 - 9:07AM
Business Wire
Enterprise Financial Services Corp (Nasdaq: EFSC) announced
today that John Eulich is retiring from the Board of Directors (the
“Board”) of Enterprise Financial Services Corp (the “Company”) and
Enterprise Bank & Trust (the “Bank”) pursuant to the Company’s
retirement policy. Mr. Eulich has served as Chairperson of the
Board since 2016, a member of the Board since 2010 and a member of
the Bank’s Board of Directors (the “Bank Board”) since 2009. Mr.
Eulich will not stand for re-election at the Company’s 2023 Annual
Meeting of Shareholders (the “Annual Meeting”)) and will retire
immediately following the upcoming Annual Meeting. Michael DeCola,
Vice-Chairperson of the Company’s Board of Directors has been
designated by the Board to succeed Mr. Eulich as Chairperson of the
Board following the Annual Meeting.
Mr. DeCola stated, “We would like to thank John for his many
contributions to the Company during his 13 years of service as a
member of the Board, including the past 7 years of service as Board
Chairperson. He presided over the Company during a period of
exceptional growth resulting in enhanced shareholder value. His
leadership was instrumental in strengthening and positioning the
Company for success going forward. We wish John the very best in
his retirement.”
Jim Lally, President and CEO of the Company and Chairperson of
the Bank Board added, “For more than a decade, John has played an
instrumental role on our Board, and has helped guide our Company’s
path to success. We have all benefited from his leadership and
collaboration and he will be greatly missed.”
Mr. Eulich stated, “It has been my distinct honor to serve on
this Board for the past 13 years and lead the Board during the past
7 years. I'm proud of the tremendous transformation the Company has
achieved over this time, and I leave with great confidence in its
future.”
About Enterprise Financial Services Corp
Enterprise Financial Services Corp (Nasdaq: EFSC), with
approximately $13.1 billion in assets, is a financial holding
company headquartered in Clayton, Missouri. Enterprise Bank &
Trust, a Missouri state-chartered trust company with banking powers
and a wholly-owned subsidiary of EFSC, operates branch offices in
Arizona, California, Kansas, Missouri, Nevada, and New Mexico, and
SBA loan and deposit production offices throughout the country.
Enterprise Bank & Trust offers a range of business and personal
banking services and wealth management services. Enterprise Trust,
a division of Enterprise Bank & Trust, provides financial
planning, estate planning, investment management and trust services
to businesses, individuals, institutions, retirement plans and
non-profit organizations. Additional information is available at
www.enterprisebank.com.
Enterprise Financial Services Corp’s common stock is traded on
the Nasdaq Stock Market under the symbol “EFSC.” Please visit our
website at www.enterprisebank.com to see our regularly
posted material information.
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