Bank Director: Survival Guide

by Charles J Thayer

Overview

Survival Guide provides bank directors and bank executives with the tools required to navigate the unique challenges faced by bank board members.Service as a bank director may have been considered an honor in the past - but times have changed. Today, bank directors assume more personal liability and face greater regulatory requirements than other board positions. Strong banks are the lifeblood of a healthy, growing community. When you serve as a bank director you have an extraordinary opportunity to contribute to the economic health of your community by helping local businesses grow and create jobs. Survival Guide provides you with a practical roadmap for making your job as a bank director more effective and rewarding - from the day you join to the day you depart your bank board. Every board consists of unique talents and personalities so Survival Guide is not a "cookbook". Your board and the bank's executive management team need to determine your own "recipe" for success.

Charles J Thayer
Past Chairman
American Association of Bank Directors

Product Details

ISBN-13:	9781973834557
Publisher:	CreateSpace Publishing
Publication date:	08/16/2017
Pages:	112
Product dimensions:	6.00(w) x 9.00(h) x 0.23(d)

About the Author

Charles J Thayer is Chairman of Chartwell Capital Ltd., a firm specializing in financial and governance advisory services to board members and executive management of banks, corporations and institutional investors.

He is Chairman Emeritus of the American Association of Bank Directors [AABD] and served as Chairman from 2007 until 2013. The AABD is the national non-profit organization dedicated to serving the information, education and advocacy needs of financial institution directors.

Thayer served on the board of directors of MainSource Financial Group [NASDAQ] from June 2011 until May 2017, serving as Lead Director in 2016.

He was designated a Board Leadership Fellow by the National Association of Corporate Directors [NACD] in 2016. Thayer served as Program Chair for the NACD-AABD Bank Directors Workshop from 2006 to 2015 and he has served on the faculty for the NACD's Masters Class.

Thayer served on the board of trustees of the national Cystic Fibrosis Foundation for 37 years, from 1980 until May 2017.

He served on the board of the Louisville Development Bancorp [LDB] from 1997 until 2013. LDB's banking subsidiary [Metro Bank] is dedicated to job creation and home ownership in the Louisville metro area.

He served on the boards of Republic Bancshares [NASDAQ] and Republic Bank, one of Florida's largest independent commercial banks, from 1999 until Republic was acquired by BB&T Corporation in 2004. Thayer served on the board of BB&T Bank [Florida] until July 2006.

CogenAmerica [NASDAQ], an independent power producer headquartered in Minneapolis, Minnesota, elected Thayer to its board of directors in April 1996 and he served until its acquisition by Calpine Corporation in 1999.

Thayer served on the board of directors of Sunbeam Corporation [NYSE] from 1990 until 1997. In January 1993 he was elected Chairman & CEO of Sunbeam, providing interim management until the election of a new CEO in August 1993.

Thayer had a twenty-year career in commercial banking prior to organizing Chartwell Capital in 1990. As Executive Vice President of PNC Financial [NYSE], Pittsburgh, he had management responsibility for finance, merger and acquisitions, investor relations, strategic planning, and he served as Chairman of PNC Securities Corp, PNC's capital markets subsidiary.

Prior to its acquisition by PNC in 1986, Thayer served as Executive Vice President and Chief Financial Officer of Citizens Fidelity [NASDAQ], Kentucky's largest banking institution.