International Bancshares Corporation Announces Appointment of New Director
August 07 2019 - 12:42PM
Business Wire
International Bancshares Corporation (“IBC”) today announced
that it has appointed Rudolph M. Miles to IBC’s Board to fill the
vacancy created by Peggy J. Newman’s recent retirement. The Board
unanimously voted to appoint Mr. Miles after recommendation from
the Board’s Nominating Committee.
Mr. Miles graduated from the University of Texas – El Paso while
working full time. In 1972, Mr. Miles received his U.S. Customs
Brokerage License, and from 1972 until 1984 he initiated and helped
manage Miles Transportation Distribution, Twin City Services, Inc.,
Integrated Personnel Services, Inc., and Herman Miles Trucking,
Inc. In 1984, Mr. Miles helped form Miles Group, Inc., which was
founded to consolidate most of the aforementioned companies, and
was later acquired by UPS.
Mr. Miles served as a director of IBC’s subsidiary bank,
Commerce Bank, from October 1999 until June 2019. Also, over the
course of his career, Mr. Miles has worked with the following
companies and held the following positions: Miles Group, Inc.
(President); Rudolph Miles & Sons, Inc. (President); Miles
Transportation & Distribution, Inc. (President); Integrated
Personnel Services, Inc. (President); and First City National Bank,
El Paso, Texas (Director).
Over the years, Mr. Miles has also participated in the following
civic and trade organizations and held the following positions:
Laredo Country Club (President and Board of Governors); Laredo
Manufacturer’s Association (Director); Laredo Chamber of Commerce
(Director); Laredo Development Foundation (Director); El Paso Jr.
Chamber of Commerce (President and J.C.I. Senator); El Paso Traffic
Club (President); El Paso Foreign Trade Association (President);
U.S. Custom’s Broker Association (President); Southern Border
Broker Association (Director); El Paso Chamber of Commerce
(Director); and First Leadership Class (Graduate).
Mr. Miles has spent the last 17 years investing in real estate
ventures with his brothers and other associates.
Mr. Miles will serve as a committee member on the
Asset/Liability Committee, Investment Committee, Balance Sheet
Management Committee, Funds Management/Liquidity Interest Rate Risk
Committee and Profit Sharing Plan Committee of IBC’s Board.
IBC (NASDAQ:IBOC) is a multi-bank financial holding company
headquartered in Laredo, Texas, with over $12.1 billion in total
assets and 189 facilities and 286 ATMs serving 89 communities in
Texas and Oklahoma.
“Safe Harbor” statement under the Private Securities Litigation
Reform Act of 1995: The statements contained in this release which
are not historical facts contain forward-looking information with
respect to plans, projections or future performance of IBC and its
subsidiaries, the occurrence of which involve certain risks and
uncertainties detailed in IBC’s filings with the Securities and
Exchange Commission.
Copies of IBC’s SEC filings and Annual Report (as an exhibit to
the 10-K) may be downloaded from the SEC filings site located at
http://www.sec.gov/edgar.shtml or IBC’s website at
http://www.ibc.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190807005674/en/
Judith Wawroski Treasurer and Principal Financial Officer
International Bancshares Corporation (956) 722-7611
International Bancshares (NASDAQ:IBOC)
Historical Stock Chart
From Jun 2024 to Jul 2024
International Bancshares (NASDAQ:IBOC)
Historical Stock Chart
From Jul 2023 to Jul 2024