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First Midwest Bancorp Inc (FMBI.OQ)

FMBI.OQ on NASDAQ Stock Exchange Global Select Market

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7 Aug 2020
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Summary

Name Age Since Current Position

Michael Scudder

59 2019 Chairman of the Board, Chief Executive Officer

Mark Sander

61 2019 President, Chief Operating Officer, Director

Patrick Barrett

56 2017 Chief Financial Officer, Executive Vice President

R. Douglas Rose

51 2019 Chief Human Resource Officer, Executive Vice President

Jo Ann Boylan

57 2016 Executive Vice President and Chief Information and Operations Officer

Nicholas Chulos

60 2012 Executive Vice President, General Counsel, Corporate Secretary

James Hotchkiss

63 2008 Executive Vice President, Treasurer of the Company and Bank

Kevin Geoghegan

60 2019 Executive Vice President and Chief Credit Officer

Michael Jamieson

62 2016 Executive Vice President and Director of Commercial Banking

Jeff Newcom

47 2016 Executive Vice President and Chief Risk Officer

Thomas Prame

50 2016 Executive Vice President and Director of Consumer Banking

Angela Putnam

41 2014 Senior Vice President of the Company and Bank and Chief Accounting Officer of the Bank

James Stadler

56 2018 Executive Vice President and Chief Marketing and Communications Officer of the Bank

Ellen Rudnick

69 2020 Lead Independent Director

Barbara Boigegrain

62 2008 Independent Director

Thomas Brown

63 2017 Independent Director

Phupinder Gill

58 2010 Independent Director

Kathryn Hayley

61 2016 Independent Director

Peter Henseler

61 2011 Independent Director

Frank Modruson

60 2016 Independent Director

Michael Small

62 2010 Independent Director

Stephen Van Arsdell

69 2017 Independent Director

J. Stephen Vanderwoude

76 2020 Independent Director

Biographies

Name Description

Michael Scudder

Mr. Michael L. Scudder CPA serves as Chairman of the Board, Chief Executive Officer of the Company. He also serves as Chairman and Chief Executive Officer of First Midwest Bank. Mr. Scudder served as the Company’s President from 2007 to January 2019, as its Chief Operating Officer from 2007 to 2008 and as its Chief Financial Officer from 2002 to 2007. He previously served as the Group Executive Vice President and Chief Financial Officer of First Midwest Bank from 1995 to 2001. He also has served in various other management capacities in his over thirty years of service to the Company. Mr. Scudder began his professional career at KPMG LLP, an international public accounting firm. Mr. Scudder is a member of the board of directors of the American Bankers Association and the chair of ABA’s CEO Council. He is also an active member of the Mid-Size Bank Coalition of America. Mr. Scudder serves on the board of directors of Silver Cross Hospital, the board of trustees of DePaul University, the executive committee of DePaul University’s Center for Financial Services and the Chicago Metropolitan Planning Council’s Executive Advisory Board. Additionally, he is a member of the Economic Club of Chicago, the Commercial Club of Chicago and the Bankers Club of Chicago. He previously served as an inaugural member of the Federal Reserve Bank of Chicago’s Community Depository Institution Advisory Council. Age: 59 Director Since: 2008

Mark Sander

Mr. Mark G. Sander serves as President, Chief Operating Officer, Director of the Company. Mr. Sander is the President and Chief Operating Officer of the Company and of First Midwest Bank. Mr. Sander also serves as Vice Chairman of the Board of First Midwest Bank. He served as the Senior Executive Vice President and Chief Operating Officer of the Company from 2011 until his promotion in January 2019. Prior to joining the Company in 2011, Mr. Sander served as Executive Vice President, Director of Commercial Banking at Associated Banc-Corp (NYSE), where he oversaw Associated’s commercial banking, treasury management, insurance brokerage and capital markets businesses. He also served as a member of Associated’s Executive and ALCO Committees. Previously, he served as a commercial banking executive at Bank of America and in numerous leadership positions in commercial banking at LaSalle Bank. Mr. Sander has more than thirty-five years of experience in the financial services industry. Mr. Sander currently serves on the boards of directors of the Chicago Zoological Society (since 2006) and the Mercy Home for Boys & Girls (since 2019).

Patrick Barrett

Mr. Patrick S. Barrett serves as Chief Financial Officer, Executive Vice President of the Company. Prior thereto, Senior Executive Vice President and Chief Financial Officer at Fulton Financial Corporation from 2014 to 2016; prior thereto, Chief Financial Officer of Wholesale Banking at SunTrust; prior thereto, in numerous leadership positions at JPMorgan Chase & Co., and before that, Partner in the Assurance Services practice of Deloitte Touche Tohmatsu.

R. Douglas Rose

Mr. R. Douglas (Doug) Rose serves as Chief Human Resource Officer, Executive Vice President of the Company. Rose has more than 27 years of experience in human resources, strategy and consulting. Prior to joining First Midwest, he was the Senior Vice President and Chief HR Officer at Discover Financial Services, where he was also a member of the company's Executive Committee. He has also held senior HR leadership positions at United Airlines and Capital One. Doug is a board member of the Camping and Education Foundation and CentroNía. He has a Master of Business Administration degree from the University of Michigan and a bachelor's degree in Communications from the University of Pennsylvania.

Jo Ann Boylan

Ms. Jo Ann Boylan is a Executive Vice President and Chief Information and Operations Officer of the Company. Executive Vice President and Chief Information and Operations Officer of the Company and the Bank since 2016; prior thereto, Senior Vice President and Chief Technology Officer at MB Financial.

Nicholas Chulos

Mr. Nicholas J. Chulos serves as Executive Vice President, General Counsel, Corporate Secretary of the Company. He is Executive Vice President, Corporate Secretary and Chief Legal Officer of the Bank since 2012, prior thereto, Partner of Krieg DeVault, LLP.

James Hotchkiss

Mr. James P. Hotchkiss serves as Executive Vice President, Treasurer of the Company and Bank of the Company. He has been Executive Vice President and Treasurer of the Company and the Bank since 2004.

Kevin Geoghegan

Mr. Kevin P. Geoghegan serves as Executive Vice President and Chief Credit Officer of the Company. Geoghegan is a board member for the United Way of Metro Chicago and the Chairman of the Board for the United Way of DuPage and West Cook Counties. He has a master's degree from the University of Detroit and a bachelor's degree from Indiana University. Geoghegan has more than 30 years of experience in marketing, credit and portfolio management. Prior to joining First Midwest, he spent 25 years at PNC Financial Services Group, where he was most recently an Executive Vice President and Regional Credit Executive.

Michael Jamieson

Mr. Michael W. Jamieson serves as Executive Vice President and Director of Commercial Banking of the Company. Prior thereto, Senior Vice President and Market Executive at Bank of America Merrill Lynch.

Jeff Newcom

Mr. Jeff C. Newcom serves as Executive Vice President and Chief Risk Officer of the Company. Prior thereto, Chief Compliance and Enterprise Risk Management Officer at Fulton Financial Corporation since 2014; prior thereto, Associate Director at Protiviti.

Thomas Prame

Mr. Thomas M. Prame serves as Executive Vice President and Director of Consumer Banking of the Company. He was Executive Vice President and Director of Retail Banking of the Bank since 2012; prior thereto, Executive Vice President, Sales and Service at RBS/Citizen's Bank.

Angela Putnam

Ms. Angela L. Putnam is a Senior Vice President of the Company and Bank and Chief Accounting Officer of the Bank. She serves as Vice President and Financial Reporting Manager for the Company since 2013; prior thereto, Director in the Assurance Services practice of McGladrey LLP.

James Stadler

Mr. James V. Stadler serves as Executive Vice President and Chief Marketing and Communications Officer of the Bank of the Company. He was Managing Partner at Schafer Condon Carter.

Ellen Rudnick

Ms. Ellen A. Rudnick serves as Lead Independent Director of the Company. Ms. Rudnick has served at the University of Chicago Booth School of Business since 1999. She is currently a Senior Advisor and Adjunct Professor of Entrepreneurship, and previously served as the Executive Director of the Polsky Center for Entrepreneurship and Innovation at the University of Chicago. Prior to joining the University of Chicago, Ms. Rudnick served as President and Chief Executive Officer of Healthcare Knowledge Resources, President of HCIA, Chairman of Pacific Biometrics and Corporate Vice President of Baxter Healthcare Corporation. Ms. Rudnick currently serves on the boards of directors of HMS Holdings, Corp. (since 1997; NASDAQ), Liberty Mutual Insurance Company (since 2001) and Patterson Companies (since 2003; NASDAQ). She has spent over thirty years in executive management and entrepreneurial activities, primarily in the health care and information services industries. She serves in various leadership positions with several civic and nonprofit organizations in the Chicago metropolitan area, including having served on the board of the Northshore University Health System for over 20 years and on the board of Hyde Park Angels, and currently is on the boards of directors of the Chicagoland Entrepreneurship Center (1871) and Matter. She is the recipient of several honors, including the Today’s Chicago Woman 20th Anniversary Hall of Fame Award, the YWCA Leadership Award, the Illinois Venture Capital Industry Richard J. Daley Award and the 1871 Entrepreneurial Champion Award.

Barbara Boigegrain

Ms. Barbara A. Boigegrain serves as Independent Director of the Company. Ms. Boigegrain has served as the Chief Executive Officer and General Secretary of Wespath Benefits and Investments (formerly the General Board of Pension and Health Benefits of The United Methodist Church) since 1994. Wespath is a pension, health and welfare benefit trustee and administrator and an institutional investment manager that is one of the largest faith-based pension funds in the United States, with $25 billion of assets under management. Wespath is a global leader in environmental, social and governance (ESG) investing. Prior to 1994, Ms. Boigegrain spent eleven years as a consultant with Towers Perrin and four years with KPMG LLP and Dart Industries as a manager and analyst. Ms. Boigegrain is a member of the board of directors of Church Benefits Association and the Church Alliance, and a former member of the board of trustees of Emory & Henry College. As the CEO and General Secretary of Wespath, Ms. Boigegrain has overseen its restructuring, significantly improved its performance and services and increased its assets under management. In her experience as a benefits consultant, she established the San Diego office of Towers Perrin.

Thomas Brown

Mr. Thomas (Tom) L. Brown serves as Independent Director of the Company. Mr. Brown served as the Senior Vice President and Chief Financial Officer of RLI Corp., a specialty insurer serving diverse niche property, casualty and surety markets from 2017 until his retirement on December 31, 2019. From 2011 to 2017, he served as RLI Corp.’s Vice President and Chief Financial Officer. Previously, Mr. Brown was a partner of PricewaterhouseCoopers LLP, where he served for ten years as its Midwest Regional Financial Services Director and led teams responsible for the banking, insurance, capital markets and investment management business sectors. Mr. Brown currently serves on the board of directors of the Chicago Shakespeare Theater. From 2004 through 2017, Mr. Brown served on the board of trustees of Illinois Wesleyan University. He also served on the board of directors of Easter Seals Central Illinois.

Phupinder Gill

Mr. Phupinder S. Gill serves as Independent Director of the Company. Mr. Gill served as the Chief Executive Officer of CME Group Inc., a global derivatives marketplace and exchange, from 2012 until his retirement on December 31, 2016. Prior thereto, he served as President from 2007 until 2012, and he previously served as President and Chief Operating Officer of CME Holdings and of CME from 2004 until 2007. From 2000 to 2003, he served as Managing Director and President of CME Clearing. Mr. Gill was also the President of GFX Corp., a wholly-owned subsidiary of CME Group that provides liquidity in foreign exchange futures, from 1998 until 2012. Mr. Gill currently serves on the board of directors of The Alexander Maxwell Grant Foundation. From 2012 until his retirement on December 31, 2016, he served on the boards of CME Group and the World Federation of Exchanges. He also previously served on the boards of CME Clearing Europe (CME Group’s UK Clearing House), Bursa Malaysia Derivatives Berhad, Bolsa Mexicana de Valores, S.A.B. de C.V., CME Group Foundation and CME Group Community Foundation. Mr. Gill is a past member of CME Group’s Competitive Markets Advisory Council.

Kathryn Hayley

Ms. Kathryn J. Hayley serves as Independent Director of the Company. Ms. Hayley has served as the Chief Executive Officer of Rosewood Advisory Services, LLC, a business advisory services firm, since 2015. Previously, Ms. Hayley served as an Executive Vice President of UnitedHealthcare (a subsidiary of UnitedHealth Group, Inc. (NYSE)), a position in which she served from 2012 to 2015, overseeing a number of strategic initiatives at this global healthcare company. From 2006 to 2012, she served as an executive of Aon plc (NYSE), including as Chief Executive Officer of Aon Consulting Worldwide and Aon Hewitt Consulting Americas. Prior to her service at Aon, Ms. Hayley was an information technology partner at Deloitte Consulting LLP and led the U.S. financial services practice. She also served on the board of directors of Deloitte & Touche LLP U.S. Ms. Hayley currently serves on the board of Alight Solutions, LLC (since 2018) and the advisory board of E.A. Renfroe & Company, Inc. (since 2016). She previously served on the board of directors of Tribridge Holdings, LLC (2015 to 2017). She also serves on the board of the Chicago Shakespeare Theater.

Peter Henseler

Mr. Peter J. Henseler serves as Independent Director of the Company. Mr. Henseler is the President and a director of TOMY International, a wholly-owned subsidiary of TOMY Company, Ltd., a global designer and marketer of toys and infant products. He rejoined TOMY International in 2017 after serving as Vice Chairman until his retirement in 2012. Mr. Henseler previously held the position of President of TOMY International from 2011 until 2012. He was President of RC2 Corporation (NASDAQ) from 2002 to 2011, at which time TOMY Company acquired RC2. He served as RC2’s Executive Vice President of Sales and Marketing from 1999 to 2002. Mr. Henseler also previously served as a director of RC2. Prior to joining RC2, Mr. Henseler held marketing positions at McDonald’s Corporation and Hasbro, Inc. In February 2018, he completed his tenure as Chairman of the Toy Industry Foundation and now serves as an executive advisor to the board. He also previously served on the board of directors of the American Toy Industry Association.

Frank Modruson

Mr. Frank Blaise Modruson serves as Independent Director of the Company. Mr. Modruson has served as President of Modruson & Associates, LLC, a management consulting firm, since 2015. Previously, Mr. Modruson spent the majority of his career at Accenture plc, a global professional services company, where he served as a client partner and as Chief Information Officer. He currently serves on the board of directors of Zebra Technologies Corporation (since 2014; NASDAQ). Previously, Mr. Modruson served on the boards of directors of Landauer Corporation (2017; NYSE) and Forsythe Technology, Inc. (2014 to 2017), both of which were acquired in 2017. He also serves on the boards of the Lyric Opera of Chicago and the Glen Ellyn Volunteer Fire Company. Mr. Modruson earned a Bachelor of Science degree in Computer Science from Dickinson College in 1984 and a Master of Science degree in Computer Science from Pennsylvania State University in 1987.

Michael Small

Mr. Michael J. Small serves as Independent Director of the Company. Mr. Small is a founder and the Chief Executive Officer of K4 Mobility LLC, a technology developer and provider of satellite communications services, since August 2018. Previously, Mr. Small served as the President and Chief Executive Officer and a director of Gogo, Inc. (NASDAQ), an airborne communications service provider, from 2010 until March 2018. Prior to joining Gogo, Mr. Small served as the Chief Executive Officer and a Director of Centennial Communications Corp. (NASDAQ) from 1999 to 2009. From 1995 to 1998, Mr. Small was the Executive Vice President and Chief Financial Officer of 360 Degrees Communications Company. Prior to 1995, he held the position of President of Lynch Corporation (NYSEMKT), a diversified acquisition-oriented company with operations in telecommunications, manufacturing and transportation services. Mr. Small earned a Bachelor of Arts degree in History from Colgate University in 1979 and a Master of Business Administration with a concentration in Finance from the University of Chicago in 1981.

Stephen Van Arsdell

Mr. Stephen C. Van Arsdell CPA serves as Independent Director of the Company. Mr. Van Arsdell is a former senior partner of Deloitte & Touche LLP, where he served as Chairman and Chief Executive Officer from 2010 to 2012, and as Deputy Chief Executive Officer from 2009 to 2010. Previously, he served as Deloitte’s partner-in-charge of its financial services practice in the Midwest, and he was a member of Deloitte’s board from 2003 through 2009. Mr. Van Arsdell is a member of the Audit Committee of Brown Brothers Harriman & Co. (since 2015). He also is a member of the Dean’s advisory council for the Geis College of Business at the University of Illinois and Chair of the board of directors of the University of Illinois Alumni Alliance. He is a member of the Illinois Alumni Association Board of Advisors. Mr. Van Arsdell currently serves on the board of trustees of the Morton Arboretum and previously chaired the board of trustees of the Conservation Foundation. Mr. Van Arsdell earned a Bachelor of Science degree in Accounting and a Masters of Accounting Science degree from the University of Illinois in 1972 and 1973, respectively. He is a certified public accountant.

J. Stephen Vanderwoude

Mr. J. Stephen Vanderwoude serves as Independent Director of the Company. Mr. Vanderwoude has served as the Company’s Lead Independent Director since 2017. He is currently a private investor. From 1996 until 2007, Mr. Vanderwoude served as Chairman and Chief Executive Officer of Madison River Communications Corp., a company that acquired and operated rural telephone companies. Prior to his service at Madison River, he served as the President, Chief Executive Officer and a director of Powerhouse Technologies, Inc. (NASDAQ), and President, Chief Operating Officer and a director of Centel Corporation (NYSE). Mr. Vanderwoude served as a member of the board of directors of Centennial Communications Corp. (NASDAQ) from 2002 to 2009 and as its Chairman from 2007 to 2009.