Nicole Sherman Named President and Chief Executive Officer of Riverview Bancorp
June 21 2024 - 8:00AM
Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the
“Company”) today announced that Nicole Sherman has been named
President and Chief Executive Officer of Riverview Bancorp and
Riverview Bank, effective July 01, 2024. She also will join the
Boards of Directors of both the Company and the Bank.
“With over 25 years of proven experience growing
community banking organizations, including the past 20 years in the
Pacific Northwest, Nicole Sherman is the right person to lead
Riverview into the future,” said Gerald L. Nies, Chairman of the
Board. “Nicole has an established record of building a
high-performance banking culture, and we are excited about the
expertise, energy and professionalism that she brings to
Riverview.”
Ms. Sherman is well-known as a catalyst for
financial innovation and regarded as a brilliant change agent and
unwavering positive force in the industry. She is a “leader
builder” throughout organizations and does so by her actions, work
ethic, high standards and dedicated coaching and mentoring of
others. As a visionary and an architect of momentum, Ms. Sherman
leverages past accomplishments to fuel future innovation. Her “live
on purpose, lead with intention” philosophy and dedication inspires
others to see their greatness and bring that level of engagement
every single day. This past March, Ms. Sherman served as the
Greater Chamber of Commerce’s keynote speaker at the Inspire Her
Conference.
Ms. Sherman brings over 25 years of experience
at the Chief, Executive and Senior VP levels with organizations
such as Columbia Bank, Utah First, Numerica Credit Union,
AmericanWest Bank, and Zions Bank. Her expertise ranges from Retail
and Digital Banking, Commercial and Business Banking to Wealth
Management including Private Banking and Financial Services, as
well as Corporate Marketing and Communications, DEIBA and Community
Impact and Philanthropy.
Additionally, Ms. Sherman has led through 10
successful mergers and acquisitions throughout her career. Known
for her paramount presentation style, she is a Keynote and
Transformational Speaker. Since 2003, Ms. Sherman has been a
top-rated faculty member at Pacific Coast Banking School (PCBS) at
the University of Washington, Foster School of Business and was
named 2023 Instructor of the Year.
“I am thrilled to join the team at Riverview,”
said Ms. Sherman. “Riverview is an organization with an unwavering
dedication to serving its clients and its communities, and I look
forward to leading our efforts in support of that commitment. I am
confident that our deeply dedicated team is capable of growing
Riverview as we capitalize on opportunities taking place within the
banking industry.”
Over the past nine months, Dan Cox has served as
the bank’s acting CEO/President. Dan will now focus full-time on
his role as EVP, Chief Operating Officer. “We are grateful for all
that Dan has done for Riverview through this transition. He has
demonstrated immense leadership while guiding our organization. We
continue to rely on his leadership and significant contribution to
Riverview’s mission and strategic vision,” said Nies.
Riverview’s CEO selection committee engaged J.
Scott Petty, Managing Partner of Chartwell Partner’s Financial
Services Practice to conduct an extensive national search. “Scott
and his team did a fantastic job guiding our committee through the
selection process,” said Stacey Graham, Riverview Board of Director
member and chair of the selection committee.
About Riverview
Riverview Bancorp, Inc. (www.riverviewbank.com)
is headquartered in Vancouver, Washington – just north of Portland,
Oregon, on the I-5 corridor. With assets of $1.52 billion at March
31, 2024, it is the parent company of the 101-year-old Riverview
Bank, as well as Riverview Trust Company. The Bank offers true
community banking services, focusing on providing the highest
quality service and financial products to commercial and retail
clients through 17 branches, including 13 in the Portland-Vancouver
area, and 3 lending centers. For the past 10 years, Riverview has
been named Best Bank by the readers of The Vancouver Business
Journal and The Columbian.
This press release contains statements that the
Company believes are “forward-looking statements.” These statements
relate to the Company’s financial condition, results of operations,
plans, objectives, future performance or business. You should not
place undue reliance on these statements, as they are subject to
risks and uncertainties. When considering these forward-looking
statements, you should keep in mind these risks and uncertainties,
as well as any cautionary statements the Company may make.
Moreover, you should treat these statements as speaking only as of
the date they are made and based only on information then actually
known to the Company.
Contacts: |
Dan Cox and
David Lam |
|
Riverview Bancorp, Inc. 360-693-6650 |
|
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A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9666fcb4-469e-4e84-a471-65cd76a6d279
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