Town and Country Financial Corporation (OTCMKTS:TWCF) on September 30, 2022, announced that Denise Skiles has been promoted to Chief Financial Officer and Executive Vice President. This is happening as Ed Depenbrok retired on September 30, 2022.
Trading Data
On Friday, TWCF stock increased 0.70% to $34.74 with more than 2.78K shares, compared to its average volume of 569 shares. The stock moved within a range of $33.76 – 34.75 after opening trade at $34.26.
Depenbrok Retires, Skiles Promoted to EVP, Chief Financial Officer with Town and Country Financial Corporation
She joined the Bank in 1982 and has decades of experience in accounting and reporting, financial management, bank operations as well as business analysis. She has witnessed the firm grow from just $51 million in assets to about $900 million and also expand across Southern and Central Illinois.
Town and Country Financial Corporation on August 23, 2022, announced a merger with HBT Financial, Inc. It is expected that the transaction will close by quarter one of 2023, subject to approvals and closing conditions.
Micah Bartlett, President and Chief Executive Officer of Town and Country Financial Corporation expressed delight in welcoming Denise’s contributions to the firm in the last four decades. Bartlett added that she will lead the finance and account functions as the organization evolves. The CEO also said that Denise is one of the most hard-working and smart people with a robust commitment.
Skiles expressed excitement in using her experience for the CFO role. She is looking forward to growing in the position and wished Ed the best in his retirement.
Key Quote
“We are pleased to recognize Denise’s significant contributions to our company over the past 40 years through this well-deserved promotion to Chief Financial Officer,” said Micah Bartlett, President and Chief Executive Officer of Town and Country Financial Corporation. “She will lead our finance and accounting functions as our organization grows and evolves. Denise is one of the smartest and hardest-working people with whom I’ve ever worked. Her knowledge and commitment have been instrumental in our success.”
