Magazine article American Banker

Executive Changes

Magazine article American Banker

Executive Changes

Article excerpt

Midwest

First Financial Bancorp of Hamilton, Ohio, has hired Michael A. Sorrells as the southeastern Indiana market president for First Financial Bank, one of the $3.9 billion-asset company's four bank unit.

Mr. Sorrells was an area president in the same region and a vice president of corporate commercial banking for National City Corp., where he worked for the last seven years.

He has 20 years of financial services experience.

Southeast

Summit Bank Corp. of Atlanta has hired Thomas J. Flournoy as the chief financial officer and an executive vice president of the company and its $548 million-asset Summit National Bank.

He will begin his new job Tuesday.

Mr. Flournoy had the same title and job at MFB Corp. of Mishawaka, Ind., which owns the $529 million-asset savings and loan MFB Financial. He has 26 years of financial services experience.

West

SVB Alliant, the investment banking unit of the $4.8 billion-asset Silicon Valley Bancshares of Santa Clara, Calif., has hired Doug Gonsalves to lead its software and services group.

Mr. Gonsalves had been a director of the middle-market mergers and acquisitions group at Merrill Lynch & Co. and a co-head of the group's western United States activities. Earlier he had been the head of Merrill's growth-company banking group in San Francisco.

More recently he was a founding partner of Spartan Group, a boutique investment banking firm in Glendale.

He has 17 years of investment banking experience.

Westcorp, the Irvine, Calif. …

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