PremierWest Bancorp Adds to Board of Directors
March 15 2012 - 5:00PM
Marketwired
John Duke, Chairman of the Board of Directors of PremierWest
Bancorp (NASDAQ: PRWT), the parent company of PremierWest Bank,
announced today that Bruce Currier has joined the Board of
PremierWest Bancorp.
Duke stated, "Bruce brings a wealth of experience, spending over
three decades in the financial services industry. Prior to his
retirement from Ernst & Young, LLP, Bruce's experience included
serving as the coordinating partner for several financial
institutions in banking and asset management; co-led a global
advisory project for Sarbanes-Oxley 404 implementation for money
center financial institutions; provided advisory services to boards
and audit committees on corporate governance matters related to
internal control and risk management; and was the lead on financial
statement audits for clients. We are pleased and fortunate to have
someone of his caliber join PremierWest's Board."
Mr. Currier holds a Bachelor's Degree from California State
University, Northridge where he graduated Cum Laude in 1970. He is
also a member of Financial Executives International and the
American Institute of CPA's.
Mr. Currier was elected to the PremierWest Bancorp Board of
Directors by the U.S. Department of the Treasury pursuant to
Treasury's rights as the holder of the Company's Fixed Rate
Cumulative Perpetual Preferred Stock, Series B. While Treasury's
contractual rights do not address service on PremierWest Bancorp
subsidiary PremierWest Bank's Board, PremierWest Bancorp has
commenced the regulatory application process to have Mr. Currier
approved to serve on the Bank's Board.
ABOUT PREMIERWEST BANCORP PremierWest
Bancorp is a financial services holding company headquartered in
Medford, Oregon. We operate primarily through our subsidiary
PremierWest Bank. PremierWest offers a full array of financial
products and services through a network of full service banking
offices serving a territory which currently includes high growth
markets in Southern & Central Oregon and Northern California.
Additionally, PremierWest offers expanded banking related services
through two subsidiaries, Premier Finance Company and PremierWest
Investment Services, Inc.
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