Heartland Financial USA, Inc. (NASDAQ: HTLF) announced today that
Bryan McKeag, CPA, will join the company as Chief Financial Officer on
September 23, 2013. McKeag succeeds John K. Schmidt, who resigned
effective July 15, 2013.
McKeag, 53, joins Heartland with 21 years of experience in bank
accounting and finance management. Most recently, he served as Executive
Vice President – Corporate Controller and Principal Accounting Officer
for Associated Banc-Corp, a $24 billion bank holding company
headquartered in Green Bay, Wisconsin. His experience includes executive
positions in finance with JP Morgan Chase & Co. as well as accounting
and audit positions with KPMG LLP.
Mr. McKeag will report to Lynn B. Fuller, Heartland’s Chairman,
President and CEO and will have oversight of all corporate finance,
accounting and investment operations of the company.
“We are delighted to welcome Bryan to our executive team,” stated
Fuller. “He brings extensive experience in bank accounting and finance
with highly-respected financial institutions. His background in larger
organizations will be invaluable as Heartland executes its expansion
strategies.”
A Certified Public Accountant, McKeag is a graduate of the University of
Wisconsin – La Crosse with a Bachelor of Science degree in Accounting.
About Heartland Financial USA, Inc.
Heartland Financial USA,
Inc., one of Forbes 2013 “Best Banks in America,” is a $5.0 billion
diversified financial services company providing banking, mortgage,
wealth management, investment, insurance and consumer finance services
to individuals and businesses. Heartland currently has 67 banking
locations in 46 communities in Iowa, Illinois, Wisconsin, New Mexico,
Arizona, Montana, Colorado and Minnesota and loan production offices in
California, Nevada, Wyoming, Idaho and North Dakota. Additional
information about Heartland Financial USA, Inc. is available at www.htlf.com.
Safe Harbor Statement
This release, and future oral and
written statements of Heartland and its management, may contain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 about Heartland's financial condition,
results of operations, plans, objectives, future performance and
business. Although these forward-looking statements are based upon the
beliefs, expectations and assumptions of Heartland's management, there
are a number of factors, many of which are beyond the ability of
management to control or predict, that could cause actual results to
differ materially from those in its forward-looking statements. These
factors, which are detailed in the risk factors included in Heartland's
Annual Report on Form 10-K filed with the Securities and Exchange
Commission, include, among others: (i) the strength of the local and
national economy; (ii) the economic impact of past and any future
terrorist threats and attacks and any acts of war, (iii) changes in
state and federal laws, regulations and governmental policies concerning
the Company's general business; (iv) changes in interest rates and
prepayment rates of the Company's assets; (v) increased competition in
the financial services sector and the inability to attract new
customers; (vi) changes in technology and the ability to develop and
maintain secure and reliable electronic systems; (vii) the potential
impact of acquisitions, (viii) the loss of key executives or employees;
(ix) changes in consumer spending; (x) unexpected outcomes of existing
or new litigation involving the Company; and (xii) changes in accounting
policies and practices. All statements in this release, including
forward-looking statements, speak only as of the date they are made, and
Heartland undertakes no obligation to update any statement in light of
new information or future events.
Copyright Business Wire 2013