ST. LOUIS, MO/June 12, 2017 (STL.News) Enterprise Financial Services Corp (NASDAQ:EFSC) (the “Company”) announced the resignation, today, of Michael Walsh, Director and Chairman of the St. Louis Region. Mr. Walsh joined the Company and its Board of Directors on February 10, 2017 as part of the Company’s acquisition of Jefferson County Bancshares, Inc. (“JCB”) and its wholly-owned subsidiary, Eagle Bank and Trust Company of Missouri (“Eagle”). In connection with his resignation, Mr. Walsh expressed his desire to pursue a less formal role with the Company.
Jim Lally, EFSC’s President and CEO commented, “Mike has built an enviable franchise and has been instrumental in the successful transition of associates and customers into our combined organization. We truly appreciate his hard work and dedication during this time, and we respect his decision to take a step-back from his role as a Director and Chairman of the St. Louis Region. We are working closely with Mike as to how we can continue to utilize his experience to further our business efforts.”
“As Mike departs, our continuing leadership team at Enterprise is poised to deliver the superior client service to which they have been accustomed at both Eagle and Enterprise. Additionally, we remain confident that the value of our combined organization is as strong as when we announced the combination several months ago.”
Enterprise Financial Services Corp (NASDAQ:EFSC), with approximately $5 billion in assets, is a bank holding company headquartered in Clayton, Mo. Enterprise Bank & Trust operates 29 branch offices plus five limited-service facilities in the St. Louis, Kansas City and Phoenix metropolitan areas. EFSC offers a range of business and personal banking services, and wealth management services. Enterprise Trust, a division of Enterprise Bank & Trust, provides financial planning, estate planning, investment management, and trust services to businesses, individuals, institutions, retirement plans and non-profit organizations. Additional information is available at enterprisebank.com.