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Article: Associated needs an adroit CEO, experts say Commercial, Midwest resume a plus, they add
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- September 20, 2009
- Author:
CopyrightCopyright 2009 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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By PAUL GORES
Whoever takes over as the next chief executive of Associated Banc-
Corp ought to have a successful track record of navigating through
tough economic times and, if at all possible, possess an affinity
for the Midwest, say investment professionals who follow the bank.
The Green Bay-based parent company of Associated Bank announced
last month that Paul S. Beideman was retiring after six years on the
job. Only three months earlier, Lisa B. Binder, a former
Philadelphia-area colleague whom Beideman recruited to Associated,
abruptly resigned as president, leaving the company without an
obvious successor.
Now the board of directors has the task of finding a new CEO at a
time when ...