Woodlands Bank Announces Appointment of Jay B. Alexander as Chairman of the Board [Yahoo! Finance]
WOODLANDS FINL SVCS CO (WDFN)
NASDAQ:AMEX Investor Relations:
shareholder.broadridge.com/wdfn
Company Research
Source: Yahoo! Finance
Company (the "Company") and Woodlands Bank (the "Bank") are pleased to announce the appointment of independent director Jay B. Alexander to serve as Chairman of the Boards of Directors of both the Company and the Bank. This change in governance structure was made with a strategic focus on strengthening its overall corporate governance given the Company's growth trajectory as well as aligning the interests of the shareholders, directors, and management with respect to the significant opportunities that currently exist in its markets of operation. The addition of an outside Chairman position allows the Company and the Bank to position its resources in a way to most effectively and efficiently execute on its strategic initiatives aimed at seizing on these opportunities which, if successful, will generate significant growth in market share and earnings as well as increasing long-term shareholder value and return. (PRNewsfoto/Woodlands Financial Services Co) Mr. Alexander has served as
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