West Bancorporation, Inc. Announces Executive Leadership
WEST DES MOINES, Iowa, May 27, 2021 (GLOBE NEWSWIRE) – West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), the West Bank parent company, today announced that Douglas R. Gulling will be stepping down as an executive Vice President and Chief Financial Officer of the West Bank effective September 30, 2021, and as Executive Vice President, Treasurer and Chief Financial Officer of the Company effective December 31, 2021. Mr. Gulling will continue to serve the Company as of during the period of January 1, 2022 to December 31, 2022, in a non-executive role to assist in the transition of his functions, and will report directly to Mr. David Nelson, CEO and President of the Company. Mr. Gulling will continue to serve as a member of the West Bank board and will be appointed to the company’s board effective January 1, 2022.
Jane M. Funk, currently Senior Vice President, Controller and Chief Accounting Officer of the Company, will assume the roles of Executive Vice President and Chief Financial Officer of West Bank effective October 1, 2021, and Executive Vice President, Treasurer and Chief Financial Officer of the Company effective January 1, 2022. Ms. Funk will be appointed to the West Bank Board of Directors effective October 1, 2021. She joined the West Bank in 2014 and has served as Controller since 2018 and Chief accounting since 2019. Ms. Funk spent over 18 years with the accounting firm RSM US LLP and worked for two financial institutions before moving to the West Bank.
Mr. Nelson said, “We believe our transition plan will allow for a seamless transition from Doug to Jane as the company’s CFO and reflects the careful succession planning the company has undertaken. Doug and Jane have worked closely together for the past few years in preparation for this transition. Jane is highly skilled and knowledgeable about our company, and I have no doubts that she will serve the company effectively in her new role as Chief Financial Officer. I also wish Doug the best in his retirement and thank him for his years of service with the Society.
For more information contact:
David Nelson, President and CEO (515) 222-2308