Whitney Hires Francisco DeArmas Executive Vice President, Operations & Technology

Date : 01/31/2008 @ 4:20PM
Source : PR Newswire
Stock : (WTNY)
Quote : 22.85  1.07 (4.91%) @ 8:00PM
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Whitney Hires Francisco DeArmas Executive Vice President, Operations & Technology

NEW ORLEANS, La., Jan. 31 /PRNewswire/ -- Whitney National Bank today announced the hiring of Francisco "Frank" DeArmas as Executive Vice President, Operations and Technology. DeArmas will report to Robert C. Baird Jr., Executive Vice President of Banking Services.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080131/LATH148)

"Frank's considerable operational experience will provide the management leadership we need to drive improvements in service and efficiency, as well as elevate our business strategy to the next level," said John C. Hope III, Whitney President and Chief Operating Officer. "With Frank's great combination of information technology expertise and financial services background, the Operations and Technology Division at Whitney can continue to innovate and bring our technology platform, products and services to entirely new levels."

DeArmas has twenty plus years of experience in the technology and financial services industries and has worked for a number of well respected companies, including General Motors Acceptance Corporation, Comerica and BISYS, where he held executive and senior level management positions. He earned a Bachelor's degree from Northwood University, an MBA from California Coast University, and is currently pursuing a Doctor of Management in Organizational Leadership with a Specialization in Information Systems and Technology.

DeArmas is actively involved in many professional and civic organizations. He is currently the Chairman of the Hispanic Information Technology Executives Council (HiTec), and an active member of the National Society of Hispanic MBAs and the Oracle Advisory Board. He is a former director of The Comerica Foundation and Alternatives for Girls in Detroit, Michigan.

DeArmas replaces Rodney D. Chard, who will oversee Strategic Project Implementation until his retirement later this year. "As an Executive Officer at our company, Rodney has been universally recognized for his significant contributions to the success of Whitney Bank," said Hope. "Through his progressive technological improvements, knowledge and leadership, the Whitney has made great strides in efficiency and innovation. We offer our best wishes to Rodney and his family for a wonderful retirement."

Whitney Holding Corporation, through its banking subsidiary Whitney National Bank, serves the five-state Gulf Coast region stretching from Houston, Texas; across southern Louisiana and the coastal region of Mississippi; to central and south Alabama; the panhandle of Florida; and the Tampa Bay metropolitan area of Florida.

http://www.newscom.com/cgi-bin/prnh/20080131/LATH148

http://photoarchive.ap.org/

DATASOURCE: Whitney National Bank

CONTACT: M. Cheryl Jones of Whitney National Bank, +1-504-586-3620,

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