Glacier Bancorp, Inc. and Glacier Bank Announce Board Elections, Effective on January 1, 2021
October 06, 2020 at 04:32 pm EDT
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September 30, 2020, the Board of Directors of the company of Glacier Bancorp, Inc. Kalispell, Montana, and its wholly owned subsidiary Glacier Bank (the “Bank”) elected Kristen Heck and Robert A. Cashell, Jr. as directors of the company and the Bank, effective January 1, 2021. Both Ms. Heck and Mr. Cashell, Jr. were also appointed to the Audit, Compensation, Compliance, Nominating/Corporate Governance and Risk Oversight Committees of the Company. Ms. Heck is the owner and Chief Executive Officer of Alternative Staffing Corporation doing business as LC Staffing Service. She is also the founder and owner of Loyal Care LP, an independent in-home care assistance service. Mr. Cashell, Jr. is the owner and President of Robert Parker, Inc., which operates the Winners Inn Casino, Pete’s Gambling Hall and the Sundance Casino, Inc. Mr. Cashell, Jr. owns Topaz Lodge, Inc. where he also serves as its President. Since 1995, Mr. Cashell serves as President of Northpointe Sierra, Inc. The Board affirmatively determined that both Ms. Heck and Mr. Cashell, Jr. qualify as an “independent director” in accordance with The Nasdaq Stock Market listing standards. In connection with the elections of Ms. Heck and Mr. Cashell, Jr. as directors of the Company, the Board increased the number of directors comprising the Board from 9 to 11 directors, effective January 1, 2021.
Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank divisions. The Company provides a range of banking services to individuals and businesses from 221 locations in Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona and Nevada through its wholly owned bank subsidiary, Glacier Bank (Bank). It offers a range of banking products and services, including retail banking, business banking, real estate, commercial, agriculture and consumer loans, and mortgage origination and loan servicing. It serves individuals, small to medium-sized businesses, community organizations and public entities. Its bank divisions include Glacier Bank (Kalispell, Montana), First Security Bank of Missoula (Missoula, Montana), Valley Bank of Helena (Helena, Montana), First Security Bank (Bozeman, Montana), Western Security Bank (Billings, Montana), First Bank of Montana (Lewistown, Montana), First Community Bank Utah (Layton, Utah), Mountain West Bank (Coeur dâAlene, Idaho) and others.