American Savings Bank fsb, President & CEO ASB Financial Corp., President & CEO
2013–2018
- $250 million in assets bank, wholly-owned by ASB Financial Corp.-offices in the Portsmouth, Ohio and Cincinnati, Ohio areas
- In first full year as President, increased bank net income by 33%
- Designed and executed The Blueprint for American Strategic Plan, addressing customer and employee satisfaction levels, asset growth, and financial performance
- Launched the Cincinnati Mortgage Origination Division (CMOD), offering new solutions and options focused on the home loan market
- Developed and launched “We are American” marketing campaign, establishing a theme of “Banking the American Way”-TV and Radio ads boldly giving CEO’s personal cell phone number, inviting customers and prospects to call
- Increased bank community visibility and involvement with Rotary, Kiwanis, Southern Ohio Medical Center, Shawnee State University and others
- Sold the bank at 156% of book value, or $20 per share yielding a 5 times return to the original (IPO) shareholders and a 54% return to the participants of the 2013 private placement.
