Printer Friendly
The Free Library
19,607,050 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

First Chicago Bancorp & First Chicago Bank & Trust Names J. Mikesell Thomas President and CEO, and a Director of the Company, and CEO of First Chicago Bank & Trust.


ITASCA I·tas·ca  

A lake of northwest Minnesota. It was identified in 1832 as the source of the Mississippi River.
, Ill. -- First Chicago Bancorp and First Chicago Bank First Chicago Bank is a name used by two banks. First National Bank of Chicago, a large Chicago bank, at one time used the name "First Chicago". This bank was absorbed into Bank One Corporation.  & Trust (First Chicago), one of the 25 largest banks in Chicago according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Crain's Chicago Business, announced today that J. Mikesell Thomas has been appointed President and 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. , and a Director of the Holding Company. He will also hold the position of CEO for the Company's subsidiary First Chicago Bank and Trust.

Mr. Thomas' banking experience includes 22 years at the former First Chicago Corporation, where his positions included Chief Financial Officer, Co-Head of Merchant Banking, and Executive Vice President of Corporate and Institutional Banking. He subsequently served for over six years as a Partner of investment bank Lazard Freres and Co., and until April of this year was President and CEO of the Federal Home Loan Bank of Chicago.

Mr. Thomas is also a Principal of Castle Creek Castle Creek may refer to:
  • Castle Creek, a tributary of Rapid Creek in western South Dakota.
  • Castle Creek near Moab, Utah.
 Capital, a private investment firm which specializes in equity investments in commercial banking companies. Castle Creek Capital is the advisor to Castle Creek Capital III LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, an investment fund which owns 40.6% of the outstanding shares of the Company. William Ruh, whom Mr. Thomas succeeds as CEO of the Company and the Bank, is a Managing Principal of Castle Creek. Mr. Ruh will remain Chairman of the Board of the Company and the Bank.

"I am very pleased that Mike Thomas is joining the management team of First Chicago Bancorp and the Bank," said John Eck, President of the Bank. "His experience in banking and the Chicago business community will greatly benefit the Company as we continue to execute our strategy to serve our customers and to grow our business."

"Joining the Company is a very exciting opportunity for me, and I look forward to working with the management team and all of the staff as we help our customers address current economic challenges and build for the future," said Mr. Thomas.

First Chicago Bancorp is a $1.3 billion dollar asset banking company headquartered in Itasca, Illinois Itasca is a village in DuPage County, Illinois, United States. The population was 8,302 at the 2000 census.

Schools
The Itasca School District #10 is home to three public schools. Raymond E. Benson Primary hosts grades PreK-2.
 with seven branches in the Chicago area.
COPYRIGHT 2008 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 20, 2008
Words:334
Previous Article:Ruddick Corporation Declares Quarterly Dividend.
Next Article:World-Class Outdoor Winter Recreation Can be Found at Northernaire Resort and Spa.
Topics:

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles