Evans Bancorp, Inc. (the “Company) (NYSE Amex: EVBN), a community financial services company serving Western New York since 1920, announced that its Board of Directors has named John R. O’Brien as Chairman of the Board of Directors at its regular meeting that followed the Company’s Annual Meeting today.
John R. O'Brien Named Chairman of the Board for Evans Bancorp, Inc. (Photo: Business Wire)
Mr. O’Brien, a director of the Company since 2003, has served as Vice Chairman of the Board since 2008. He was previously the Executive Director of Financial Administration for the Roman Catholic Diocese of Buffalo, New York, retiring in June 2004. Mr. O’Brien also previously served as an audit partner with KPMG, LLP, a national accounting and consulting firm, for 20 years.
“This is further recognition of John’s strong leadership amongst his colleagues, and we congratulate him on his new governance role on the Board,” stated Company President and CEO, David J. Nasca. “John’s extensive executive experience and his partnership at a national accounting and consulting firm will allow for a seamless transition as we continue to move the Company forward in this evolving economic climate.”
Mr. O’Brien will replace current Board Chairman, Phillip Brothman, who announced earlier this year that he would not run for re-election as Chairman. Mr. Brothman, who has served as Board Chairman since January 2001, will continue to serve on the Board of Directors.
An additional leadership appointment was made by the Board of Directors, naming Lee C. Wortham Vice-Chairman of the Board. Mr. Wortham, a director of the Company since 2011, has been a Partner in Barrantys LLC, a consultant and service provider to high net-worth families and family offices, since 2007. Prior to his role with Barrantys, Mr. Wortham was Executive Vice President of the Wealth Management Group of First Niagara Financial Group and has held senior executive positions with JP Morgan Chase and Bank of New York.
About Evans Bancorp, Inc.
Evans Bancorp, Inc. is a financial holding company and the parent company of Evans Bank, N.A., a commercial bank, with $776 million in assets, 13 branches and $650 million in deposits at March 31, 2012. Evans is a full-service community bank providing comprehensive financial services to consumer, business and municipal customers through Western New York. Evans Bancorp’s wholly-owned insurance subsidiary, The Evans Agency, Inc. provides property and casualty insurance through 12 insurance offices in the Western New York region. Evans Investment Services, a wholly-owned subsidiary of Evans Bank, provides non-deposit investment products such as annuities and mutual funds. Evans Bancorp, Inc. and Evans Bank routinely post news and other important information on their web sites at www.evansbancorp.com and www.evansbank.com.
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Gary A. Kajtoch, 716-926-2000
Executive Vice President and Chief Financial Officer
Kei Advisors LLC
Deborah K. Pawlowski, 716-843-3908
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