Your Adobe Flash player needs to be upgraded.
Download the latest version from www.adobe.com
Board of Directors of Proficio Bank
Al Mansell - Chairman of the Board of Directors Proficio Bank
Al Mansell's (Al) role is as an external member of the Board of Directors of Proficio Bank. Mr. Mansell is an expert in the national
real estate industry, an industry that is important to the Company's strategy. Mr. Mansell served as a Utah State Senator from 1994 until 2007.
He served as chairman of several committees and in a number of leadership roles including President of the Senate from 2000 to 2004.
Mr. Mansell just completed his role as the 2005 President of the National Association of Realtors© (NAR) and also served as the Immediate Past
President of NAR. NAR is the nation's largest professional association representing over 1.25 million members who are involved in all aspects of
the real estate industry. Mr. Mansell has been a Realtor® since 1969. Earlier in his professional career, he founded and
successfully grew Mansell and Associates into one of the largest and most successful real estate companies in Utah. Concurrent to this role,
he built a mortgage company and a home warranty company. Mr. Mansell sold all three companies in 2001. Mr. Mansell then became the
Chief Executive Officer of Coldwell Banker Residential Brokerage, a position he held until becoming NAR president. He was a founding member of
Realty Alliance, the nation's largest real estate alliance. Mr. Mansell has been active in the community serving on a number of boards such as
the Board of Trustees for Intermountain Health Care, the President of the Sandy Rotary Club, the Executive Committee for the Economic Development
Corporation of Utah, the Olympic Organizing Committee for the 2002 Salt Lake City Olympics, and is currently the Chairman of the Utah State Sports
Commission. Senator Mansell is a native of Utah and attended the University of Utah.
Sam Cerverizzo - Chairman of the Board of Directors NHB Holdings, LLC
Sam Cerverizzo retired from CitiGroup as a Sr. Vice President with more than forty years of experience in the financial services area.
His experience and accomplishments are broad and varying. In the 1980's he was responsible over a four year period for the European Operations
of Chemical Bank while living with his family in Brussels, Belgium. Sam's additional responsibilities during his career include senior management
positions in: Cash Management Services of Chemical/Manufacturers, Corporate Trust Operations, International Operations and other senior level
areas of responsibility. As a Senior Vice President at Chemical he held a leadership role in the successful integrations of Chemical, Manufacturers
Hanover and Chase Manhattan Banks (now JP Morgan/Chase).
Sam was Founder, Chairman of the Board and CEO of Chesapeake Appraisal and Settlement Services, the $125 million annual revenue real estate vendor
management company of Citigroup. Chesapeake recently sold a 50% interest to First American Corporation.
Sam served for two years as Chairman of the Board of the Directors of the National Automated Clearing House Association (NACHA) which was comprised
of 27 board members representing approximately 15,000 banks and credit unions. Sam also served on the Executive Committee of the ATM Corporation
Board of Directors. He has served on several additional Boards during his career. Sam received his MBA in International Economics from the Fordham
University Graduate School of Business Administration, attended the Harvard Executive Program and served as an Officer in the United States Army
during the Vietnam era. He and his wife of 45 years have five grandchildren and reside in Chatham Township, NJ.
Educational History
1985: Chemical Bank Executive Session at Harvard University; Certificate
1976: MBA Degree; Graduate School of Business Administration, Fordham University, NYC; International Economics Major
1965: BS Degree; Murray State University, Murray, Kentucky; Business Administration, Major, Economics Minor, Education Minor, Military Science Minor
Michael Johnston - Board Member
Michael Johnston (Mike) formerly served as the President of Proficio Mortgage.
Mr. Johnston retired as a day-to-day executive and now serves as a member of the Board of Directors of NHB Holdings and Proficio Bank. Mr. Johnston has over 35 years
of experience in the financial services industry. Mr. Johnston is the founder and former Chairman and Chief Executive Officer of Merrill Lynch Credit
Corp (MLCC) (1981-2001). Most recently, Mr. Johnston was Director and Chairman and Chief Executive Officer of a Jacksonville, Florida based company,
Basis100, which he sold to First American in 2004 (2001-2004). While at MLCC, Mr. Johnston launched and grew the organization into an 880 person
full-service mortgage and home equity business. MLCC is the mortgage subsidiary of Merrill Lynch Bank, based in Salt Lake City, which is the largest
state chartered industrial bank in the U.S. with over $66 billion in assets. In 1997, under Mr. Johnston's leadership, MLCC was awarded the coveted
Malcolm Baldridge National Quality Award. In addition to his MLCC role, Mr. Johnston simultaneously served as Chairman and Chief Executive Officer of
Lender's Service Inc., a mortgage settlement services vendor that was sold to Fidelity National Financial (1996-1998). Earlier in his career, Mr.
Johnston was the Chief Financial Officer of Merrill Lynch Hubbard. Merrill Lynch Hubbard specialized in real estate syndications, Small Business
Administration loans, and GNMA securities. Mr. Johnston began his career with Merrill Lynch, Pierce, Fenner & Smith, Inc. as a junior accountant in
1969. Until early 2008, Mr. Johnston also served as the Chairman of the Advisory Board of ATM Corp of America, an emerging settlement services company.
Mr. Johnston is a graduate of Pace University in 1976 with a BBA.
Jeffrey Johnson - Board Member
Jeff is an external member of the Board of Directors of NHB Holdings, Inc. and Proficio Bank joining the Boards in August, 2008. Mr. Johnson has over
25 years of executive experience in the financial services industry. Most recently, he has served as a consultant to several private equity firms seeking
investments in the financial services arena. From 2004 to 2006, Jeff was the President and CEO of Franklin Credit Management Corp., a specialty finance
and mortgage company. Jeff was recruited by the founder to strategically reposition the firm and significantly expand its franchise. He enhanced the
corporate governance structure, financial reporting processes and internal control procedures to bring the company into full compliance with Sarbanes-Oxley
regulations and also led the company through a successful IPO, listing the company's stock on NASDAQ. From 2000 to 2002, Jeff served as the founding President
and CEO of GMAC Bank, a new commercial banking business created to provide captive banking services to various GM affiliates, including their large and rapidly
growing residential mortgage operations. Jeff also served for 10 years as the President & CEO of the Prudential Bank and Trust and previously held executive
positions with Equifax, Bank of America and Citicorp. Jeff is a graduate of the Arizona State University, from which he received his Bachelor of Science in
Finance as well as his MBA in Finance and International Economics.
Bill Sutton - Board Member and Credit Committee Chairman
Mr. Sutton is a seasoned banker now residing in North Georgia. During his career Mr. Sutton held executive positions in a number of banks in Florida
and Georgia. Most recently until 2007 he served as CEO of Seasons Bank in Blairsville, Georgia. In 1996 Mr. Sutton was the Republican nominee for U.S.
Congress in Florida District 2, the largest congressional district east of the Mississippi. In 1989 Mr. Sutton was appointed as Florida's Secretary of
Commerce. As Secretary, Mr. Sutton led a staff of approximately 300 individuals with a budget in excess of $300 million with offices in Japan, Korea,
Great Britain, Canada, Germany, and Brazil. He promoted Florida's foreign trade, tourism, professional sports, motion picture industry activity, as
well as the state's seaports and airports. Prior to this appointment, he served as the president of the Florida Bankers' Association, a trade group
of then approximately 635 member banks. He also served as Media Spokesman for the American Bankers Association and was involved in TV, radio, and print
activities in major cities across the nation. Before this assignment Mr. Sutton was appointed by the Secretary of Defense to head Florida's Employer
Support of the Guard and Reserve, a position with a three-star protocol rank and seven-year assignment including those to NATO headquarters in Brussels,
operations in Germany and other U.S. bases. His other activities have included the Chamber of Commerce, the Advisory Board of Florida State University
College of Business, and the Tallahassee Symphony. Mr. Sutton, who attended the University of Miami on athletic scholarship, received his BBA degree in
1961, then attended Stetson College of Law and Indiana University for graduate work.
Tim Howells - Board Member
Tim Howells is a 1968 graduate of the University of Utah with a degree in history. Following graduation Tim joined Howells, Inc., a family-owned paint and
wallcovering business headquartered in Salt Lake City, Utah. During his time there the company expanded its operations into other states and product lines.
In 1982 Tim left the company to pursue private business ventures, including investments and commercial real estate.
In 1989 Tim was hired as the General Manager of the Utah Jazz of the NBA. During his eleven year tenure he was responsible for overseeing the operations of the
franchise, serving on the NBA board of governors during his entire tenure. He also directed the operation of the organization's IHL hockey and WNBA franchises,
serving on the board of governors of each respective league. At the end of 1999 Tim left the Jazz to pursue other business ventures, including almost four years
as President and CEO of Sahara, Inc., a design build general contracting company.
Always an active member of the community, Tim has directed and served on boards of several non-profit, civic and business organizations as well as industry
associations. Tim currently serves on the board of The Sandy Club for Boys and Girls and is Executive Director of The First Tee of Utah, a chapter he was
responsible for founding.
Tim and his wife Patty are the parents of four children and thirteen grandchildren and are active members of their church.
Brad Hardy - Board Member
Brad Hardy's (Brad) role is as a member of the Board of Directors of Proficio Bank. Mr. Hardy has
over 25 years of broad and diverse experience in the banking, mortgage and bank-related industries. Mr. Hardy has held roles including Chief Financial Officer
and General Counsel at First Security Corporation, a $22 billion bank holding company headquartered in Salt Lake City (1995-2000). While at First Security, Mr.
Hardy was instrumental in First Security's almost doubling in asset size from $ 13 billion in 1995 to $22 billion in 2000 and acquiring over 25 banks and financial
services companies. First Security Corporation, prior to its acquisition by Wells Fargo in 2000, was the second largest independent bank holding company in the West.
First Security operated almost 4000 banking centers in 7 states. First Security operated 150 residential mortgage and construction lending offices in 26 states
through CrossLand Mortgage, First Security Bank and First Security Leasing. CrossLand Mortgage had annual mortgage originations in excess of $13 billion. Most
recently, Mr. Hardy held a leadership role as Co-Chair of the integration of the First Security Corporation and Wells Fargo merger and other responsibilities (2000-2005).
Earlier in his career, Mr. Hardy was in private practice at Ray, Quinney & Nebeker, a corporate law firm specializing in bank regulation, mergers and acquisitions,
and corporate governance (1978-1995). Mr. Hardy received a BS in business management (1974), MBA (1975) and JD (1978) from the University of Utah.
Copyright © 2006, NHB Holdings, Inc. All rights reserved.
