First Federal appoints new CEO
Posted: Friday, December 19, 2008
SIOUX CITY -- Levon L. Mathews, a 25-year banking veteran in Indiana, Tennessee and Alabama, has been named president and chief executive officer of First Federal Bankshares, parent company of Vantus Bank, the Sioux City-based bank announced this morning.
Mathews succeeds Barry Backhaus, whom the bank brought out of retirement to serve as interim president and CEO after Michael Dosland resigned in July to accept a position with another bank.
Mathews most recently served as executive vice president and director of private banking sales for Regions Financial Corp., a $144 billion financial holding company headquartered in Birmingham, Ala. His banking career began with Lafayette National Bank in Lafayette, Ind., and continued with expanded roles and responsibilities as a result of subsequent mergers that included market president responsibilities for Lafayette, Ind., and later Memphis, Tenn.
--Dave Dreeszen
Mathews succeeds Barry Backhaus, whom the bank brought out of retirement to serve as interim president and CEO after Michael Dosland resigned in July to accept a position with another bank.
Mathews most recently served as executive vice president and director of private banking sales for Regions Financial Corp., a $144 billion financial holding company headquartered in Birmingham, Ala. His banking career began with Lafayette National Bank in Lafayette, Ind., and continued with expanded roles and responsibilities as a result of subsequent mergers that included market president responsibilities for Lafayette, Ind., and later Memphis, Tenn.
--Dave Dreeszen
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