DeMaris assumes CFO position at Santa Rosa’s Trade Financial institution

Shari DeMaris, executive vice president, has thoroughly taken in excess of the part of chief financial officer for Exchange Bank (OTC: EXSR) immediately after the retirement Greg Jahn, who was in that placement for 18 a long time.

In a transition initial introduced in August 2020, DeMaris joined the Santa Rosa-centered lender that Oct, operating with Jahn until his retirement on Jan. 15.

“Shari delivers to this place an spectacular established of executive administration and economical capabilities,” reported Troy Sanderson, president and CEO, in the announcement Wednesday. “Her talents make her an great in good shape to spherical out our leadership team.”

An Iowa native, Shari has over 23 many years of technological accounting and monetary leadership working experience within just economical institutions. She labored in public accounting, 1st with Arthur Andersen and then McGladrey, now referred to as RSM. For the very last 15 years, Shari has been with Hills Bank and Belief, headquartered in Hills, Iowa. As main economic officer, she assisted to improve the lender to its current $3.3 billion and led a 12-individual finance and accounting group.

Shari is a certified licensed community accountant with bachelor’s degrees in accounting and Spanish from DePaul College and the University of Iowa, respectively.

Energetic in her local community, she was chairwoman and a board member for the Iowa Town Place Improvement Group and the community chamber of commerce. She also has been board chairwoman for the Domestic Violence Intervention Software and was a mentor for the Youth Leadership Program.

Founded in 1890, Exchange Bank claimed property of $3.1 billion at the stop of the 3rd quarter.