West Bancorporation, Inc. Announces Executive Leadership Transition
May 27 2021 - 3:05PM
West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent
company of West Bank, today announced that Douglas R. Gulling will
be retiring as Executive Vice President and Chief Financial Officer
of West Bank effective September 30, 2021, and as Executive Vice
President, Treasurer and Chief Financial Officer of the Company
effective December 31, 2021. Mr. Gulling will continue employment
with the Company during the period from January 1, 2022 through
December 31, 2022, in a non-officer role to assist with the
transition of his duties, and will report directly to Mr. David
Nelson, CEO and President of the Company. Mr. Gulling will continue
to serve as a member of the Board of Directors of West Bank and
will be appointed to the Company’s Board of Directors as of January
1, 2022.
Jane M. Funk, currently serving as Senior Vice
President, Controller and Chief Accounting Officer of the Company,
will assume the role of Executive Vice President and Chief
Financial Officer of West Bank effective October 1, 2021, and
Executive Vice President, Treasurer and Chief Financial Officer of
the Company effective January 1, 2022. Ms. Funk will be
appointed to the West Bank Board of Directors beginning October 1,
2021. She joined West Bank in 2014 and has served as
Controller since 2018 and Chief Accounting Officer since
2019. Ms. Funk spent over 18 years with the public
accounting firm RSM US LLP and worked for two financial
institutions prior to joining West Bank.
Mr. Nelson said, “We believe our transition plan
will allow for a seamless transition from Doug to Jane as the
Company’s Chief Financial Officer and reflects the careful
succession planning that the Company has undertaken.
Doug and Jane have been working closely together for the past
couple of years in anticipation of this transition.
Jane is strongly qualified and knows our Company well, and I am
confident that she will serve the Company effectively in her new
position as Chief Financial Officer. I also wish Doug
the best in his retirement and thank him for his years of service
to the Company.”
For more information contact:David Nelson,
President and Chief Executive Officer (515) 222-2308
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