Here is a roundup of industry moves covered by this publication during the month of August 2015.

Mark Hubbert was named as chief risk and credit officer of Wells Fargo Advisors, effective September 1.

Hubbert will replace Jimmie Lenz, who was appointed as technology risk director at Wells Fargo's wealth, brokerage and retirement division.

Hubbert is currently chief operating officer of wealth brokerage services – a position he has held since 1997.

Before joining Wells Fargo, he was president in the retail discount brokerage business of First Fidelity Brokerage Services. Before that, he worked in sales and compliance at Citigroup.

In his new role, Hubbert will manage all risk at Wells Fargo Advisors, including those associated with new products and public offerings, market and trading risk, technology risk, credit risk, operational risk, business continuity planning and Basel reporting.

He will also join the Wells Fargo Advisors' operating committee, which is led by Mary Mack as president.

A new RIA called Las Olas Capital Advisors opened its doors last week, targeting entrepreneurs and ultra high net worth families out of offices in Fort Lauderdale and Tampa, FL, and New York.

The firm is led by founder and managing director Paul Tanner - who previously worked at UBS - and manages over $400 million in client assets.

Las Olas partnered with TruClarity for its launch, a new firm looking to capitalize on the growing exodus of wirehouse financial advisors seeking independence.

As well as Tanner, the team includes Merissa Ann Davis, who leads trading and administrative services; Samantha Sullivan, who is responsible for portfolio analytics and research; and Melissa Stephenson, who is in charge of digital media marketing and assists with administrative services.

David Barrett Partners, the investment and wealth management recruitment firm, hired Elizabeth Havens in New York.

Havens joined from another boutique search firm where she co-led the firm's asset and private wealth management practice.

She was also previously a founding member and vice president of Busara Advisors, an investment firm which advised and invested in emerging manager hedge funds.

Earlier, she worked at Morgan Stanley's private wealth division in San Francisco, CA, and began her career at Goldman Sachs in New York.

Buckhead Investment Partners hired J P Scott as a personal wealth advisor.

Scott previously spent ten years as a vice president and financial consultant at Charles Schwab & Co. Before that, he was a financial advisor at Cole Wealth Management and American Express Financial Advisors.

Scott Kaul was promoted to wealth management advisor and managing director for The Private Client Reserve of US Bank in Minneapolis, MN.

Previously, Kaul was a wealth management advisor at the PCR, which serves clients with $3 million or more in net worth, also in Minneapolis. He first joined US Bank in 1994.

First Republic Bank, a private bank and wealth management firm, recruited Wendi Doyle and Catherine Chase from Credit Suisse in Century City, CA.

Doyle and Chase were named as managing directors and portfolio managers at First Republic Private Wealth Management.

Doyle spent six years at Credit Suisse serving individuals, family offices and business managers in the Los Angeles area. Earlier in her career, she worked at Lehman Brothers Private Investment Management and spent over 20 years at JP Morgan Private Bank.

Chase also spent six years at Credit Suisse, providing investment management services to individuals and families. Earlier in her career, she too worked at Lehman Brothers Private Investment Management and spent over 13 years at JP Morgan Private Bank.

Merrill Lynch hired financial advisors Stephen Renie, Michael Arthur and Jennifer Hall in Cincinnati, OH, from Morgan Stanley.

The four-person team includes Kristin Fedders, a registered client associate, and will report to market executive John Nicholson.

The team, which works with high net worth families and institutions, has $300 million in client assets under management.

Glenmede, a privately-held independent investment and wealth management firm, appointed Kent Weaver as director of client service for Glenmede Investment Management, a wholly-owned subsidiary of Glenmede.

Weaver will serve as the primary relationship manager for Glenmede’s institutional clients (including families, family offices and foundations), consulting on investing, asset allocation and the market environment. In his previous term at the firm, he was director of institutional client service.

Weaver returned to Glenmede after 13 years as a partner at Philadelphia International Advisors, where he was director of client service and sales/chief compliance officer. Prior to his first years at Glenmede, he was a senior vice president at Cutler & Company.

Rothschild Asset Management, the US asset management business of the Rothschild Group, appointed Jennifer Kulp as managing director and head of North America retail distribution, effective September 1.

In this newly-created position, Kulp will lead the firm's retail distribution strategy and partner with distribution channels to ensure financial advisors are achieving their investment goals.

Kulp spent over 20 years at the independent investment management firm Brinker Capital, where she was most recently a managing director in the firm's wealth advisory sales group.

Redhawk Wealth Advisors, a Minneapolis, MN-based RIA, named Rick Keast as president of the firm.

Keast joined Redhawk in April 2013 to lead the firm’s retirement and wealth management business. He had previously worked at firms including Merrill Lynch, KPMG Consulting and Mercer.

In his new role as president, Keast will be responsible for the strategic direction and overall performance of the firm. He will also oversee its regulatory and compliance functions.

First Foundation, which serves high net worth individuals and businesses, opened two new offices in California, led by three new senior vice presidents.

Tony Fire leads the new Los Angeles office, and Kris Lynds and Manjit Dhillon co-lead the Oakland office.

California-based Miracle Mile Advisors hired Neil Godsey as a managing director from MassMutual Financial Group and Northwestern Mutual Financial Network.

He previously served as senior vice president in equity research at FBR Capital Markets and director of research at SNL Financial.

In addition, Miracle Mile appointed Matthew Granski as a financial analyst. Granski was previously an intern at the firm and will now work with the investment committee on portfolio analysis.

Pedro Jorge Villarreal was named as the new chief executive of Credit Suisse in Mexico, where the firm has strong private banking, asset management and investment banking businesses.

Villarreal took the reins from Hector Grisi, who is leaving the bank, and maintained his role as co-head of investment banking for Latin America (excluding Brazil.) Previously, he led investment banking in Mexico for five years.

California-based AlphaCore Capital hired Dirk Harris as a senior wealth manager to help family offices, individual investors and advisors leverage opportunities in the alternatives space.

In previous roles, Harris was an investment officer and portfolio manager at a single family office in Indiana, and a senior financial advisor to high net worth clients in Baton Rouge, LA.

Bank of America's US Trust made a raft of hires in seven states in the past month.

Elizabeth Hopkins joined the Richmond, VA, office as a private client advisor from JP Morgan, where she was a private banker.

In Texas, Carol Polasky joined in Dallas as a private client advisor from BB&T, where she was a corporate banker. Meanwhile, Silvia Salle also joined as a private client advisor in Houston from BBVA Compass.

In Massachusetts, William Madden was added as a private client advisor in Boston, joining from Goldman Sachs, where he was a private wealth advisor.

Brandon Biery joined the Wilmington, DE, office as a private client manager. He was previously a private banker at Wilmington Trust.

Additionally, Patrick Martin joined the Saint Louis, MO, office as a private client manager from Reliant Bank and, in New Jersey, Jennifer Castranova joined in Florham Park as a senior trust officer. Castranova was previously a trust and estates attorney at Berkowitz, Lichtstein, Kuritsky, Giasullo & Gross.

Lastly, Xiaoyu Liu joined the New York office as a portfolio manager from Deutsche Bank’s asset insurance management division while Kenneth Rice also joined in NY as a senior trust officer. Rice previously worked at Fiduciary Trust Company.

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BNY Mellon made its second hire of the week, naming Nancy Anderson as a senior wealth director in the greater Chicago, IL, and broader midwest, market.

Anderson was previously a senior wealth advisor at US Trust and in her new role will report to regional president, Michael DiMedia.

Before her stint at US Trust, Anderson worked at the Private Client Reserve of US Bank, as well as at Citigroup Global Wealth Management and Merrill Lynch Trust Company.

Jasmine Jirele was appointed as director of trust operations at California-headquartered Wells Fargo.

Reporting to head of Wells Fargo Retirement, John Papadopulos, Jirele will oversee a 300-strong team responsible for the back-office processing units that support fiduciary needs across the Wells Fargo enterprise - including its ultra high net worth arm, Abbot Downing.

Jirele was most recently senior vice president of enterprise operations at Allianz Life Insurance Company of North America. Before that, she was vice president of market management and product innovation at Allianz.

Michael Palace joined Bedminster, NJ-based Gladstone Wealth Group, an independent wealth manager that provides fee-based services through Private Portfolio Partners, a hybrid RIA firm supported by LPL.

Palace – latterly of Wells Fargo Advisors – also joined LPL's broker-dealer platform for his commission-based business. He is going to open a new office in Red Bank, NJ, where he will add a second advisor.

Gladstone Wealth was founded by Richard Dragotta and is now a team of eight independent advisors and two support staff.

BNY Mellon Wealth Management appointed T Scott Fleming as regional president in Denver, CO, reporting to David Emmes, president of US western markets at the firm.

Fleming moved from Tampa, FL, where he had been managing director and head of wealth management at The Bank of Tampa. Previously, he was senior vice president and complex manager at Wells Fargo Advisors in Orlando, FL. Earlier still, Fleming served as complex manager at Morgan Stanley Smith Barney in Kansas City, MO, and Denver.

RBC Wealth Management welcomed the Starr Group, a team of comprised of brothers Michael and Daniel Starr, at its Midtown New York office.

The Starr Group is latterly of Stifel Financial - which is in the process of buying Barclays' wealth management business - in New York City and has $2.3 million in production.

Michael Starr, managing director and financial advisor, has 25 years of industry experience while Daniel Starr, senior vice president and financial advisor, joined with 15 years of experience.

The Gleason Group, an independent investment advisor firm in Prospect, KY, joined Raymond James' Investment Advisors Division.

The Gleason Group provides financial planning and investment advisory services to families and individuals as well as financial services to businesses.

The group includes Gavin Gleason, Andrea Gleason, Sakya Schuler and Diane Johns.

Gavin, chief executive, previously worked at Hilliard Lyons, where he managed around $150 million in client assets. Before that, he worked at PwC and Merrill Lynch.

Gleason, chief financial and compliance officer, has over 15 years of experience in the financial services industry and previously worked at PwC.

Schuler, director of client experience, has ten years of experience while Johns, executive assistant, has around 25 years.

Julie Shafer joined Bank of the West's wealth management group as head of strategic philanthropy and purpose investing.

Shafer will report to Steve Prostano, the newly-appointed head of Bank of the West's UHNW business, which is aimed at individuals and families with over $25 million in assets.

Shafer, a 20-year industry veteran, has worked with philanthropists, foundations, non-profits and corporations nationally and globally.

Before joining Bank of the West, she led a philanthropy-focused consulting firm, and earlier was director of development at the Institute for Neurodegenerative Diseases University of California, as well as executive director of the Silver Giving Foundation.

BNY Mellon appointed Gail Nursey as a managing director of business development for the Florida west region - between Tampa and Naples - and Michael Maglio as senior director and team leader serving UHNW clients in Pittsburg.

Nursey reports to BNY Mellon’s president for the western region, Lisa Simington, and joined the firm after spending the past 25 years at Wells Fargo - most recently as a senior vice president and business banking area manager in the north-central region of Florida.

Meanwhile, in Pittsburg, Maglio reports to managing director Michael Foster and joined from PNC Wealth Management, where he was a senior relationship manager. Earlier, he was a market investment director at PNC, leading a team of investment advisors in Pittsburgh and Boston. Earlier still, he held investment management and family office roles across strategies including private equity, venture capital and real estate.

Heartland Financial USA appointed Nancy Tengler as chief investment officer of private client services.

Tengler, who is SVP and market leader of Arizona Bank & Trust’s Wealth Advisory Services in Phoenix, will serve Heartland subsidiary banks from the Phoenix office and maintain her current role.

She also serves as a board member for Arizona Bank & Trust, one of Heartland’s member banks, and was instrumental in leading the Women’s Financial Forum, Heartland said.

Before moving to Phoenix, Tengler was president, CEO and chief investment officer at Fremont Investment Advisors in San Francisco. Prior to Fremont, she was president and CIO of Global Alliance Value Investors, and has also worked at UBS Asset Management.

JP Morgan appointed retired four-star General Raymond T Odierno, former chief of staff of the US Army, to a senior advisory capacity at the firm, effective September 1.   

General Odierno will provide strategic advice and global insights to chairman and CEO Jamie Dimon, the board of directors and members of the operating committee on issues including international planning and country risk analysis, technology, operations and physical and cyber security.

He will also help structure and carry out the firm's leadership development training programs; assist on other workforce development issues; and advise on the firm's cities initiatives and military and veterans affairs strategy, among other key duties.

"Ray has dedicated his life to serving our country, rising to the top of the Army with proven leadership that delivers results. His experience, vision and impressive track record of success when confronting overwhelming challenges will provide significant value to our leadership team, the firm and our clients across a wide range of issues," said Dimon.

Additionally, General Odierno will represent JP Morgan Chase through engagement with clients, government officials and policy makers in the US and internationally, and will participate in the firm's regional advisory groups in Europe, the Middle East, Africa, the Asia-Pacific region and Latin America.

TA Associates, the global private equity firm, made four hires for financial and technology services in Boston, MA, Menlo Park, CA, and London.

Amara Suebsaeng, Alex Melamud and Max Cancre rejoined TA Associates as vice presidents in Boston, Menlo Park and London, respectively. John DiCola, meanwhile, was appointed as a vice president in Boston.

Cancre focuses on investments in technology and financial services companies across Europe. Before attending graduate school, he was an associate in the London office of TA Associates. He was previously an analyst in the investment banking division and structured finance group at Barclays Capital.

Meanwhile, DiCola focuses on investments in technology firms, having previously been an associate at Hellman & Friedman, and, before that, an analyst at Greenhill & Co.

Melamud concentrates on investments in technology and technology-based services companies. Prior to attending graduate school, he served as an associate in the Menlo Park office of TA Associates. He previously worked in the global technology investment banking group at Barclays Capital.

Lastly, Suebsaeng focuses on investments in business, technology-enabled and other services companies. Before attending graduate school, she served as an associate in the Boston office of TA Associates. She was previously an analyst in the investment banking division, and global power and utilities group, at Morgan Stanley.

MarketCounsel, the RIA-focused business and regulatory compliance consultancy, hired Edward Slezak as managing director and general counsel, stepping in to lead the firm’s operations.

Slezak has served on and counseled numerous boards of directors and executive management teams for companies in an array of sectors such as high-tech gaming, wholesale and retail food services, and e-commerce.

In his new role at MarketCounsel, Slezak is responsible for the day-to-day operations of the firm as well as its affiliates.

Meanwhile, chief operating officer Marc Cohen was named as a managing director to focus on strategy, innovation and development.

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SAGE Private Wealth Group, an Illinois-based independent firm offering securities through Raymond James Financial Services, added a wealth advisor and an investment manager from Northern Trust Securities.

Eric Kaehr, a wealth advisor, and investment manager Paul Rashid, previously managed $250 million in client assets at Northern Trust.

Kaehr began his financial services career in 2006 at Column Capital Group - an RIA in Indianapolis. In 2010, he relocated to Chicago and joined Northern Trust Securities, where he worked as a senior broker-dealer associate and in 2014 was promoted to senior financial advisor.

Rashid began his career at Northern Trust in 2005, most recently as a portfolio manager for high net worth clients.

Susie Roh was appointed as a trust managing director for the Private Client Reserve of US Bank in Denver, CO.

Roh was formerly an investment and trust manager at Guaranty Bank and Trust Company in Denver, and an attorney in a private practice. She began her career in the banking and financial services industry in 2008.

LPL Financial, the US broker-dealer giant and RIA custodian, hired Anthony Perkins as executive vice president of technology product development – a new role at the firm.

Perkins will oversee the analysis, design, development and delivery of technology product solutions, including advisor-facing offerings and corporate solutions. He will also support LPL's investments in data analytics, mobile platforms, and the firm's ongoing efforts to deliver technology solutions to each of its business channels.

Before joining LPL, Perkins was chief technology officer at Wells Fargo Advisors, responsible for all front-office and advisor-facing applications. He has also held senior roles at financial services firms including BNY Mellon, Morgan Stanley and HSBC. At LPL, he will report to Victor Fetter, managing director and chief information officer.

Pennsylvania-based Glenmede, the investment and wealth management firm, promoted Peter Zuleba to the new role of president of its institutional strategies business, Glenmede Investment Management.

GIM was founded in 2007 to provide institutional clients, broker-dealers, retail platforms and RIAs with access to the division’s institutional strategies and proprietary mutual funds.

As president of GIM, Zuleba - previously director of investment strategy - will oversee the research, trading and portfolio management of equity, fixed income, alternative and risk management strategies. He will also be responsible for sales, servicing and fund administration operations.

During his 11-year tenure at Glenmede, Zuleba has held other high-level roles including head of equity and senior portfolio manager. Going forward, Zuleba will work closely with Mary Ann Wirts, chief administrative officer of sales, servicing and fund administration at GIM.

Omidyar Network, a self-described “philanthropic investment firm,” appointed angel investor Shripriya Mahesh as a partner in Redwood City, CA.

Mahesh, an angel investor and advisor to several private companies, will join the firm's leadership team. She will also oversee its global consumer internet and mobile initiative, which focuses on supporting new digital solutions aimed at allowing people to share ideas and do business more efficiently. The initiative has so far seen investments in for-profit companies including Change.org, Meetup and Quikr, as well as grants to non-profits including DoSomething.org.

Recently-launched Summit Trail Advisors hired from Barclays to create a new San Francisco, CA- and Boston, MA-based team with $500 million in assets under management.

The RIA was launched last month by six former Barclays executives via Dynasty Financial Partners.

The new team comprises Daniela Pedley and Lauren Cosulich, who joined as advisors and partners.

Pedley joined the San Francisco office, having been a director at Barclays since 2008 and a senior vice president at Lehman Brothers before that.

Cosulich, previously a vice president at Barclays for seven years, will be based in Boston but will divide her time between Boston and San Francisco. She previously held roles at Lehman Brothers and JP Morgan Private Bank.

Noyes, a wealth management and investment banking firm, hired Jim Longstreth as a managing director of wealth management in Indianapolis, IN.

Longstreth, who was previously a branch manager at Wells Fargo Advisors, will report to Mark Damer, president and chief executive at Noyes.

He began his career at Shearson Lehman Brothers and then served as complex manager and first vice president at Prudential Securities, senior managing director and chief operation officer at Fulcrum Holdings, and managing director at MetLife/New England Financial.

Standish Mellon Asset Management Company, the fixed income investment boutique of BNY Mellon Investment Management, appointed David Leduc as chief executive.

Leduc will continue to serve as the firm's chief investment officer, a role he has held for the last five years. He succeeded Desmond Mac Intyre, who is leaving to pursue other opportunities, the firm said.

Leduc has worked at Standish for over 20 years, having joined as a portfolio manager and analyst for US domestic fixed income in 1995.

Kate Randall Danella was appointed as a wealth strategy and effectiveness executive at Regions Wealth Management.

Prior to joining Regions, Danella was a vice president at Capital Group Companies in Los Angeles, CA, having joined the firm in 2002 and served in sales, service, marketing and management roles in Los Angeles, San Francisco and New York.

CIBC re-jigged its organizational structure, although Steve Geist, senior executive vice president and group head of wealth management, and Kevin Glass, senior executive vice president and chief financial officer, retained their current responsibilities.

David Williamson, senior executive vice president and group head of retail and business banking, was given responsibility for “bank-wide innovation.” Meanwhile, Mike Capatides, senior executive vice president, chief administrative officer and general counsel, was tasked with helping to simplify the bank. Stephen Forbes was appointed as executive vice president and chief commercial officer, charged with enhancing CIBC's client experience.

Among other changes, Geoff Belsher, group co-head of CIBC's wholesale banking business, is retiring on September 30; Harry Culham was named senior executive vice president and group head of wholesale banking; Laura Dottori-Attanasio, senior executive vice president and chief risk officer, took on expanded responsibility for compliance and anti-money laundering; Kevin Patterson, senior executive vice president of technology and operations, took on expanded responsibility for corporate security; Jon Hountalas, executive vice president, took on a new role overseeing CIBC's business and corporate banking businesses; and Sandy Sharman was named executive vice president and chief human resources officer, responsible for talent and people strategies.

Sabrina Bailey joined Northern Trust Asset Management as global head of defined contribution, a new position created as Northern Trust looks to expand its retirement solutions business.

Bailey was previously head of US defined contribution at Mercer Investment Consulting in Seattle, WA.

As well as the external hires, Brian Bursua and Patrick Gaskin joined the DC solutions group in sales and service roles from within Northern Trust, to further align resources and provide focus in serving the recordkeeper channel.

Former Merrill Lynch advisors Michael Carr, Kirk Ruth, Jeff Hogue and Jeff Rizzo joined UBS’s new office in Florida to serve high and ultra high net worth clients.

The appointees have a combined T-12 of around $4.6 million and $870 million in assets under management.

Carr joined UBS on his own while the other three operate as a team. All of them report to Tom Isaacs, complex director of the Gainesville, FL, office.

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Vanare | NestEgg, the wealth management technology platform aimed at RIAs, hired David Coyle as senior vice president of business development.

Coyle was previously part of the wealth management solutions team at Interactive Data Corporation, and before that worked at Northstar Systems International, Research in Motion and Outercurve Technologies.

He spent the first ten years of his career as a private client advisor at Merrill Lynch, and later at First Union (now part of Wachovia).

Jeff Mazer and Katya Baron joined Aequitas Capital to push forward its alternative investments business, based in Lake Oswego, OR, and New York City, respectively.

Mazer, senior managing director of capital markets and treasury, was previously a director within Bank of America Merrill Lynch's global liquidity investment solutions unit.

At Aequitas, Mazer will manage the company's investment offerings and advise management on all matters relating to liquidity and capital structure.

Meanwhile, Baron joined as managing director of capital markets, with 15 years of experience working at firms including as Sterne Agee, Gleacher, Barclays Capital and JP Morgan Securities. She will be responsible for sourcing and structuring new asset financing transactions, as well as capital markets outreach.

Mazer and Baron will report to chief operating officer and chief financial officer, Scott Gillis.

Two former RBC Wealth Management advisors joined Philadelphia, PA-based Janney Montgomery Scott, the wealth management, financial services and investment banking firm.

Gregory Dupée, senior vice president of wealth management, and Scott Karpiak, vice president of wealth management, had formed the Karpiak-Dupée Investment Group at RBC.

Dupée has nearly 30 years of industry experience while Karpiak has over 16, including six years at Charles Schwab, where he helped develop the private client program.

Former Wilmington Trust executive, R Samuel Fraundorf, was appointed as chief investment officer at Diversified Trust, the Southeast-based wealth management firm.

Fraundorf replaced Eli Niepoky, who retired in April, and will be based in Atlanta, GA.

He will oversee Diversified Trust's investment teams across Atlanta, Greensboro, NC, Memphis, TN; and Nashville, TN, serving clients across the US.

At Wilmington Trust, Fraundorf served as director of research, chief operating officer of investments, chief investment officer, and president of Wilmington Trust Investment Advisors. 

He started his career at Arthur Andersen in the mid-1980s, and then served as a lead consultant at KPMG Investment Advisors, where he worked with high net worth investors.

Grupo BTG Pactual shed about 13 per cent of its wealth management workforce in Chile, equal to 10 of 80 total employees, Bloomberg reported.

As previously covered by Family Wealth Report, BTG bought the wealth management firm BSI from the Italian insurer Generali in July 2014.

“We did an adjustment in the wealth management unit in order to fortify our regional composition and to update our structure for the integration with BSI,” BTG reportedly said, according to Bloomberg.

BTG declined to comment on the matter when contacted by this publication.

Vaughn Wealth of Orlando, FL, left NFP Advisor Services and joined Commonwealth Financial Network, the US broker-dealer and RIA firm.

T Kevin Taylor and S Kyle Taylor, along with their team, take $175 million in client assets to Commonwealth and partly made the move because they were impressed by the firm's robust practice management services.

Lebenthal Asset Management hired Barbara Doran as a portfolio manager to focus on large-cap growth equity strategies.

Doran has worked for over 25 years in the financial services industry, with experience in portfolio management, wealth advisory and investment research. She was a senior portfolio manager and wealth advisor at Morgan Stanley and was the former research investment officer at Neuberger Berman, where she co-managed a technology fund and was interim director of equity research.

Previously, she founded and managed a long/short equity hedge fund and a third-party marketing firm that specialized in asset raising and business consulting for hedge funds and private equity firms. She also worked as a senior institutional equity salesperson and proprietary capital manager at First Boston and Lehman Brothers.

Idaho-based Yellowstone Partners recruited Sterling Russell and Kevin Donovan in Boise.

Russell, director of fixed income and senior portfolio manager, has almost 30 years of financial market experience. He spent 12 years as an investment analyst and strategist, and 15 years as a portfolio manager and chief investment officer at a life insurance company, overseeing a $3.5 billion portfolio of bonds, stocks and alternative investments.

Donovan, director and executive vice president, started his financial services career in 1999 at Paine Webber in Las Vegas and later worked at Wells Fargo Investments and Zions Bancorp. Most recently, Donovan was president at Key Bank of Idaho.