GREAT WESTERN BANCORP, INC. (NYSE:GWB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 15, 2018, Steve Ulenberg notified Great Western Bancorp, Inc. (the “Company”) of his intent to retire from his position as Executive Vice President and Chief Risk Officer of the Company and the Company’s banking subsidiary, Great Western Bank, effective as of the close of business on June 15, 2018. Mr. Ulenberg has served in these capacities since joining the Company in 2010. Mr. Ulenberg has 34 years experience in the financial services industry, including a 25 year career with our prior owner, National Australia Bank, Ltd, and Bank of New Zealand. Mr. Ulenberg has played a significant role in developing the Company’s risk capabilities, risk management, risk governance and culture, as well as being a valued member of the Bank’s executive leadership team. Mr. Ulenberg plans to return to New Zealand to be closer to family and relatives.
The Company will conduct an internal and external search for a new Chief Risk Officer.
About GREAT WESTERN BANCORP, INC. (NYSE:GWB)
Great Western Bancorp, Inc. is a full-service regional bank holding company. The Company is the holding company of the Great Western Bank (the Bank). As of September 30, 2016, the Company served customers through 173 branches in various markets in Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota. The Company focuses on business and agribusiness banking, complemented by retail banking and wealth management services. The Company’s loan portfolio consists primarily of business loans, consisting of commercial and industrial loans (C&I), commercial real estate loans and agribusiness loans. The Company offers its business banking customers a focused range of financial products designed to meet the specific needs of their businesses, including loans, lines of credit, cash management services, online business deposit and wire transfer services, in addition to non-interest-bearing demand deposit and savings accounts, and corporate credit cards.