Heartland Financial USA, Inc. (NASDAQ: HTLF) has announced the
appointment of Dan Patten to the position of Executive Vice President –
Finance and Corporate Strategy. Patten will be responsible for
developing external growth initiatives for Heartland including corporate
acquisitions and mergers along with identification of new markets for
revenue enhancement and diversification. He will assume the position
currently held by David Horstmann, who has announced his retirement from
Heartland effective February 29, 2016.
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Dan Patten EVP - Finance and Corporate Strategy Heartland Financial USA Inc. (Photo: Business Wire)
Patten joins Heartland from CIC Bancshares, Inc., former parent of
Centennial Bank in Denver, Colorado, recently acquired by Heartland in a
transaction completed on February 5, 2016. While at CIC Bancshares and
Centennial Bank, Patten was Executive Vice President and Chief Financial
Offer. He served as Chairman of the bank’s Asset/Liability Committee,
its Treasurer and served on the CRA Committee. As CFO, he also worked
closely with the company’s Audit Committee. In the last four years he
played a lead roll in three bank mergers and acquisitions and
participated in raising more than $50 million in capital over the same
time period, which included common stock, preferred stock, senior debt
and subordinated debt.
Previous to joining CIC/Centennial, Patten served as CFO of Millennium
Bancorp, Inc. His prior experience also includes Director of Corporate
Finance and a Senior Finance Manager for Vail Resorts where he managed
the company’s financial, planning and analysis, and treasury functions.
Prior to Vail Resorts, he held various financial management positions in
telecommunications and technology companies, Qwest Communications and
Verio, a wholly owned subsidiary of NTT Communications.
Patten received an MBA with an emphasis in finance and entrepreneurship
from the University of Colorado at Boulder, where he graduated with
honors. He also received a B.S. degree in engineering from the
University of Colorado at Boulder. In the community, Patten currently
serves on the non-profit board of Walking Mountains Science Center in
Avon, Colorado.
About Heartland Financial USA, Inc.
Heartland Financial USA,
Inc. is a diversified financial services company with assets exceeding
$8 billion. The company provides banking, mortgage, private client,
investment, insurance and consumer finance services to individuals and
businesses. Heartland currently has 108 banking locations serving 85
communities in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana,
Colorado, Minnesota, Kansas, Missouri, Texas and California, with
mortgage loan production offices in California, Nevada and Idaho.
Additional information about Heartland Financial USA, Inc. is available
at www.htlf.com.
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