TriCo Bancshares Announces New Board Appointment
March 11 2009 - 2:54PM
Business Wire
TriCo Bancshares (NASDAQ:TCBK), parent company of Tri Counties
Bank, today announced that Virginia Walker has been appointed to
the Board of Directors of the Company and the Bank, effective
Wednesday, March 11, 2009.
Walker, a Chico resident, is a seasoned executive with over 30
years experience in a wide range of industries, including software,
biotechnology and semiconductor manufacturing. She is currently the
General Manager of the Jamison Group LLC, a high-tech consulting
company. She has held senior positions internationally ranging from
Silicon Valley entrepreneurial ventures to Fortune 500 companies in
both the U.S. and Europe. She has served as CFO in four public
companies, as well as had P&L responsibilities as General
Manger for U.S. operations of a multinational organization, and she
drove strategic repositioning of a major software and servicing
company while serving as chief strategist and marketing
officer.
�I am thrilled to have Virginia Walker join our board of
directors,� commented Richard P. Smith, President and CEO. �She
brings a wealth of financial, strategic, multinational and
international business experience that will further advance our
Bank as we continue to grow and expand our presence throughout the
Great Valley of California. Virginia will be a strong
representative for our shareholders and she will provide strong
leadership, sound advice and constructive counsel for our entire
banking team,� concluded Smith.
�This is an exciting time in the history of the region�s largest
locally-owned bank,� Walker said. �I feel my knowledge and
experience in Silicon Valley�s high-tech industry will allow me to
help TriCo achieve its long-term strategic plans for growth. That I
grew up right here in the�region makes the opportunity all the more
meaningful to me.� Walker, who grew up in Oroville, Calif., has
returned to the region following a successful career in senior
executive roles for several publicly-traded high technology
companies. She and husband Dell live in Chico.
TriCo Bancshares and Tri Counties Bank are headquartered in
Chico, Calif. Tri Counties Bank has a 34-year history in the
banking industry. Tri Counties Bank operates 32 traditional branch
locations and 25 in-store branch locations in 23 California
counties, and as of December 31, 2008, had approximately $2.04
billion in assets. Tri Counties Bank offers financial services and
provides a diversified line of products and services to consumers
and businesses, which include demand, savings and time deposits,
consumer finance, online banking, mortgage lending, and commercial
banking throughout its market area. It operates a network of 64
ATMs and a 24-hour, seven days a week telephone customer service
center. Brokerage services are provided at the Bank�s offices by
the Bank�s association with Raymond James Financial, Inc. For
further information please visit the Tri Counties Bank web-site at
http://www.tricountiesbank.com.
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