Governance
09/12/2024

Navigating the Chair Selection Process

It takes a certain set of skills to lead a bank board. Here are some methods banks are using to develop the right person to fill the role.

Paul Davis
Contributing Writer
CommerceOne Financial Corp. CEO Kenneth Till faced an unenviable challenge in February when the Birmingham, Alabama-based bank’s founding chairman died unexpectedly. Ronnie Jackson, a long-time mentor to Till, was the first recruit to the $619 million bank’s board and brought considerable banking experience to the boardroom. However, fate intervened. A year earlier in a moment of serendipity, Till had convinced Kevin Kynerd, who had more than a decade of bank director experience, to join CommerceOne’s board. “You want to try and avoid fire drills,” Till said, noting that the experience has galvanized his resolve to make sure CommerceOne is never…

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WRITTEN BY

Paul Davis

Contributing Writer

Paul Davis is a contributing writer for Bank Director. He previously served as director of market intelligence at Strategic Resource Management, editor of community banking and M&A at American Banker, and news director at SNL Financial.