STUART, Fla., Feb. 6, 2017 /PRNewswire/ -- Seacoast
Banking Corporation of Florida
("Seacoast") (NASDAQ: SBCF) announced that it has appointed
Al Monserrat, CEO of RES Software, a
leading digital workspace technology company, to the board of
directors of its bank subsidiary, Seacoast National Bank, effective
immediately.
Monserrat's career spans more than 25 years in large enterprises
and entrepreneurial ventures within enterprise software, mobility,
cloud, networking and business strategy. Monserrat became RES
Software CEO in April 2015 after
serving as Citrix's senior vice president of Worldwide Sales &
Service since July 2008. At
Citrix, Monserrat was part of the executive leadership team that
grew the company from hundreds of millions to more than
$3B in revenue by 2014, and was
instrumental in crafting the strategy that helped Citrix grow from
a single-product company, to a multi-product industry leader.
He lives in Boca Raton, Fla.
"Seacoast will benefit from Al's superb leadership skills in
employing technological change," said Dennis S. Hudson, III, Seacoast chairman and
CEO. "We are confident he will make a significant contribution to
our transformational strategy that reflects the rapid evolution in
today's banking environment."
Monserrat noted, "Seacoast is engaged in reorienting itself
around the expectations of today's customers for a convenient,
mobile-centered banking experience. I look forward to helping
implement this transformation, the positive results of which
already are apparent in Seacoast's digital and financial
metrics."
About Seacoast's director development program, Hudson noted,
"Beginning in 2013, we actively recruited new talent to our board
to increase its diversity of thought and experience and better
align overall board capability with Seacoast's strategic focus.
During this period, we have appointed an independent lead director
and, with Al's appointment announced today, have added eight new
directors, all of whom have the skills needed to help navigate the
changing environment impacting our business.
"As a result, our governance has altered significantly across
important aspects, creating a vibrant board culture with an
unrelenting focus on creating shareholder value," he added.
About Seacoast Banking Corporation of Florida
Seacoast Banking Corporation of
Florida is one of the largest
community banks headquartered in Florida with approximately $4.7 billion in assets and $3.5 billion in deposits as of December 31, 2016. The Company provides
integrated financial services including commercial and retail
banking, wealth management, and mortgage services to customers
through advanced banking solutions, 47 traditional branches of its
locally-branded wholly-owned subsidiary bank, Seacoast Bank, and
five commercial banking centers. Offices stretch from Ft. Lauderdale, Boca
Raton and West Palm Beach
north through the Daytona Beach
area, into Orlando and
Central Florida, and west to
Okeechobee and surrounding
counties. More information about the Company is available
at SeacoastBanking.com.
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SOURCE Seacoast Banking Corporation of Florida