Exchange Bank announced the transition of EVP and Chief Financial Officer Shari DeMaris to a new role as EVP, chief operating officer. Still reporting to Troy Sanderson, president and chief executive officer, DeMaris will manage the daily business operations of the Bank, working closely with department heads to implement company strategies and oversee daily operations. Ms. DeMaris joined Exchange Bank in October 2020, serving as EVP, chief financial officer.

Her impressive executive management skills and her contributions in that capacity make her an excellent fit for this new role. Shari has over 25 years of technical accounting and financial leadership experience and is a licensed CPA with bachelor’s degrees in both Accounting and Spanish from DePaul University and the University of Iowa, respectively.