Richard M. Rieser, Jr.
Overview
Mr. Rieser is Vice Chairman, Executive Vice President and Chief Marketing and Legal Strategist of the Company. Prior to its acquisition by the Company on August 25, 2006, Mr. Rieser served as a director and President of First Oak Brook Bancshares, Inc. ("First Oak Brook"), parent of Oak Brook Bank, since its inception in 1983. In addition, Mr. Rieser was appointed as Chief Executive Officer and President of First Oak Brook in 2005. Mr. Rieser held various other positions with Oak Brook Bank and its predecessor institutions since 1974, including Chairman and Chief Executive Officer prior to the Company's acquisition of First Oak Brook. Mr. Rieser began his banking career in 1971, when he joined Amalgamated Bank of Chicago. Prior to that, Mr. Rieser was a practicing attorney, first with VISTA as part of President Johnson's War on Poverty and then with a Chicago-based law firm, where he specialized in corporate and banking law. Mr. Rieser served for many years on the Advisory Board of the Banking Research Center at Northwestern University's Kellogg School of Management, served two terms from 1989-1997 as Village President of Northfield, Illinois, served as President of The Brown Club of Chicago and a director of the Associated Alumni of Brown University and currently is a member of the Presidents' Advisory Council on Athletics at Brown University. Pursuant to the merger agreement between the Company and First Oak Brook, we agreed to appoint Mr. Rieser to the Company's Board of Directors upon completion of the transaction. In addition, Mr. Rieser's employment agreement with the Company provides for his continued service as a director and executive officer of the Company.
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