Veteran Financial Industry Executive Daniel C. Stevens Joins
Taylor Capital Group as CFO
ROSEMONT, Ill., Dec. 6 /PRNewswire-FirstCall/ -- Taylor Capital Group, Inc. (NASDAQ:TAYC), parent of Cole Taylor Bank, today announced Daniel C. Stevens
will join the company as Chief Financial Officer. Stevens, a veteran financial
services industry executive with substantial experience in financial
management, corporate strategy and operations, will join Taylor Capital Group
from UMB Financial Corporation (NASDAQ:UMBF), where he was the chief financial
and administrative officer.
"Dan is a great fit for our strategy and our culture. His broad management
experience extends well beyond the CFO's office, and he will assume an
important administrative role in the company," said Jeffrey W. Taylor, chief
executive officer, Taylor Capital Group. "Dan will play a critical role in
developing financial strategies that will improve profitability, efficiency and
position us for the next phase of growth. He also will be responsible for
facilities management, technology and operations. An effective and efficient
operating platform is absolutely essential to delivering high quality banking
products and services our customers require and is a key factor in expanding
our franchise as Chicago's business bank for closely held owner-operated
companies." Stevens, who is 49 years old, joined UMB Financial as its chief financial
officer in 2001. It is an $8 billion, financial services holding company
headquartered in Kansas City. From 1999 to 2000, Stevens served as executive
vice president and chief financial officer for Euronet Worldwide, a financial
software and transaction processing services company. Earlier in his career, he
served as chief financial officer of ABN AMRO USA's North American branch,
treasury and trading operations groups.
Stevens will join Taylor Capital Group at year-end.
"The management team at Taylor Capital group is committed to a winnable market
focus," said Stevens. "It's a compelling opportunity for me to join the
company at this stage of its evolution as a commercial bank for owner operated
businesses." Stevens is a Certified Public Accountant, and holds a graduate degree in
accountancy from the DePaul University School of Accounting in Chicago and an
undergraduate degree in communications and philosophy from Loyola University,
also in Chicago.
Taylor Capital Group, Inc. is a bank holding company headquartered in Rosemont,
Illinois, a suburb of Chicago. The Company derives virtually all of its revenue
from its subsidiary, Cole Taylor Bank, which presently operates 11 banking
centers throughout the Chicago metropolitan area. DATASOURCE: Taylor Capital Group, Inc.
CONTACT: Bruce Taylor of Taylor Capital Group, +1-847-653-7710, or Bess Gallanis of Bess Gallanis, Inc., +1-312-659-7572 Web site: http://www.coletaylor.com/
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