Executive appointments coincide with TCF President Craig R. Dahl
transitioning to Chief Executive Officer
Company Website:
http://ir.tcfbank.com
WAYZATA, Minn. -- (Business Wire)
TCF Financial Corporation (TCF) (NYSE:TCB) announced today changes to
its leadership team in conjunction with the transition of Craig R. Dahl,
currently vice chairman and president, to the role of chief executive
officer. These changes support TCF’s focus on driving shareholder value
through execution against four strategic pillars: diversification,
profitable growth, operating leverage and core funding. The leadership
appointments are effective January 1, 2016.
Thomas F. Jasper, currently vice chairman and executive vice president,
becomes chief operating officer of the corporation and will have
oversight of TCF’s functional support areas, including finance,
operations, corporate development, legal, human resources, talent
management and investor relations. Michael S. Jones, currently chief
financial officer of the corporation, is promoted to the role of
executive vice president, consumer banking, for the corporation. Jones
will oversee all consumer-facing business lines, including Retail
Banking, Gateway One Lending & Finance and Retail Lending. As a result
of Jones’s new role, Brian W. Maass, currently treasurer, is promoted to
chief financial officer and treasurer of the corporation. William S.
Henak, currently president and chief executive officer of TCF Equipment
Finance (TCFEF), is promoted to the role of executive vice president,
wholesale banking. Henak will oversee all of TCF’s wholesale businesses,
including TCFEF, TCF Inventory Finance, Winthrop Resources Corporation
and Commercial Banking.
“As we look ahead to 2016 and beyond, we are focused on executing our
strategy to deliver sustained growth and returns for our shareholders,”
said Craig R. Dahl, TCF’s vice chairman and president. “We are fortunate
to have a deep bench of leaders with significant industry experience and
tenure with TCF who have consistently demonstrated the ability to
deliver strong business results. These leadership appointments enable us
to drive collaboration, generate operating efficiencies and maximize our
investments across the enterprise. I am confident these leaders have the
ability to help us achieve great things in the coming years.”
Jasper, 46, most recently led TCF’s Retail Banking, Commercial Banking
and Retail Lending organizations. Prior to his most recent role, he
served as the corporation’s executive vice president and chief financial
officer. He joined TCF in 2001 as chief financial officer of TCFEF and
later served as executive vice president of finance for Winthrop
Resources Corporation.
Jones, 47, most recently led TCF’s financial reporting, corporate
development and legal functions as chief financial officer. He
previously served as executive vice president and chief financial
officer of TCFEF and as an executive vice president of Winthrop
Resources Corporation. Prior to joining TCF in 2008, Mr. Jones led the
finance function at PACCAR Financial Services and held several positions
of increasing management responsibility at GE Capital.
Henak, 58, most recently served as chief executive of TCFEF and led
strategic direction, overall business development and operations for the
business. He also held several senior management positions with TCFEF
during his tenure. Prior to joining TCF, Henak founded First Commercial
Capital Corp., a general equipment leasing company, which was acquired
by TCFEF in 2000.
Maass, 42, most recently served as executive vice president and
treasurer of TCF National Bank as well as treasurer and chief investment
officer of the corporation. Prior to joining TCF in 2012, Maass held
several accounting and finance leadership roles with Wells Fargo and
Company, including senior vice president within corporate treasury.
About TCF
TCF is a Wayzata, Minnesota-based national bank
holding company. As of September 30, 2015, TCF had $20.1 billion in
total assets and 375 branches in Illinois, Minnesota, Michigan,
Colorado, Wisconsin, Arizona, South Dakota and Indiana, providing retail
and commercial banking services. TCF, through its subsidiaries, also
conducts commercial leasing, equipment finance, and auto finance
business in all 50 states and commercial inventory finance business in
all 50 states and Canada. For more information about TCF, please visit
tcfbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151124006318/en/
Contacts:
TCF Financial Corporation
Media:
Mark Goldman,
952-475-7050
news@tcfbank.com
or
Investors:
Jason
Korstange, 952-745-2755
investor@tcfbank.com
Source: TCF Financial Corporation
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