Cascade Financial Corporation Announces Election of New Board Chair.Business Editors EVERETT, Wash.--(BUSINESS WIRE)--March 31, 2004 Cascade Financial Corporation (Nasdaq:CASB CASB Cost Accounting Standards Board CASB Colorado Association of School Boards CASB Canadian Aviation Safety Board CASB Catalogs and Surveys Branch CASB Chinese Association at Stony Brook CASB Council for the Advancement of Small Business ) ("Cascade"), parent company of Cascade Bank, today announced that David W. Duce has been elected Chair by the Board of Directors. His term is effective at the next annual meeting to be held May 4, 2004. David Duce has served as a director since 1991, as Vice Chair from 1995 to 2002, and currently chairs the Compensation and Personnel Committee and serves as a member of the Executive Committee. He replaces Frank M. McCord who is retiring as Chair of the Board, but will continue serving on the Board. Mr. Duce is a practicing attorney with the Everett law firm of Duce Bastian Peterson. He received his Juris Doctor The degree awarded to an individual upon the successful completion of law school. Juris doctor, or doctor of Jurisprudence, commonly abbreviated J.D., is the degree commonly conferred by law schools. degree Magna Cum Laude cum lau·de adv. & adj. With honor. Used to express academic distinction: graduated cum laude; 25 cum laude graduates. from Pepperdine University in 1984. Mr. Duce is a past chairman of the Professional Negligence professional negligence n. See malpractice. Section of the Washington State Trial Lawyers Association and is an arbitrator for Snohomish County Superior Court. About Cascade Financial Established in 1916, Cascade Bank, the only operating subsidiary of Cascade Financial Corporation, is a state chartered commercial bank headquartered in Snohomish County, Washington Snohomish County is a county located in the U.S. state of Washington. It is named after the Snohomish tribe. Since 2000, the county's population has grown from 606,024 to 686,300 residents (2007 figures), making it one of the fastest-growing in the state, ranking third in overall . Cascade Bank operates 15 full service offices, located in Everett, Lynnwood, Marysville, Mukilteo, Smokey Point, Issaquah, Clearview, Woodinville, Lake Stevens and Bellevue. Cascade's newest branch is scheduled to open in Snohomish in June 2004. In June 2003, Washington CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. magazine ranked Cascade Bank the number one medium sized "Best Companies to Work For" in Washington State. |
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