Company Website:
http://www.tcfbank.com
WAYZATA, Minn. -- (Business Wire)
TCF Financial Corporation (“TCF”) (NYSE:TCB) announced today that Tom
Butterfield has joined the company as executive vice president and chief
information officer. Butterfield is responsible for leading TCF’s
enterprise information technology function, including infrastructure,
service delivery and application development. He will lead the
development of a comprehensive strategy that supports TCF’s focus on
effectively leveraging technology in all of its business lines to
enhance shareholder value. Butterfield will report to Craig Dahl, vice
chairman and president.
A veteran technology leader with substantial experience and
understanding of IT strategy across multiple industries, Butterfield
most recently served as senior vice president, technology strategy and
business solutions for Target Corporation. He held several additional IT
leadership positions during his eight-year tenure with the company.
Butterfield’s experience also includes senior technology positions at a
number of industry-leading companies, including UnitedHealth Group,
Deluxe Corporation, First Bank Corporate Payment Systems, Norwest Bank
Card Services and Blue Cross & Blue Shield of Iowa.
“Information technology is a strategic priority for TCF. We need to
deliver a great experience for our customers and leverage the
capabilities of our talented team members,” said William Cooper,
chairman and chief executive officer. “Tom’s track record of leading IT
strategy in industries that require innovative thinking, enterprise
alignment and business enablement make him the ideal choice to help TCF
maximize the benefits of technology across the company. His proven
ability to deliver on initiatives that build business value inside of
national organizations will be invaluable as we execute on TCF’s
long-term strategy.”
Dahl added, “Tom’s appointment as CIO is the culmination of an extensive
national search, conducted with participation from the Technology
committee of TCF’s board of directors. We sought an experienced IT
strategist and leader with demonstrated capabilities in team leadership,
information management, infrastructure, application development and user
experience. Tom’s breadth of experience in all of these areas gives him
a unique perspective in providing integrated technology solutions that
drive successful business outcomes.”
Commenting on his appointment, Butterfield said, “This is a very
exciting time to be joining TCF. The executive leadership team has
successfully transformed TCF into a nationally regarded company with
diverse revenue streams, a strong retail deposit base and a
well-capitalized balance sheet. I’m impressed by the recent investments
TCF has made in technology to serve its customers and the commitment
Craig and the leadership team have to further leverage IT as a driver of
shareholder value.”
About TCF
TCF Financial Corporation is a Wayzata, Minnesota-based national bank
holding company. As of December 31, 2014, TCF had $19.4 billion in total
assets and 379 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 http://ir.tcfbank.com.
Contacts:
TCF Financial Corporation
Investors:
Jason Korstange,
952-745-2755
or
Media:
Mark Goldman, 952-475-7050
news@tcfbank.com
Source: TCF Financial Corporation
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