The American Association of Bank Directors ("AABD") announced today that it
has named Mr. Charles J. Thayer to its Board of Advisors.
Mr. Thayer is Chairman and Managing Director of Chartwell Capital Ltd., Fort
Lauderdale, Florida, a private NASD member firm.
He served as an independent director of Republic Bancorp, a $2.5 billion NASDAQ listed
bank holding company and its Audit Committee and Strategic Planning Committee until
Republic was acquired by BB&T Corp in April 2004. He now serves as a member of the
BB&T Bank (Florida)Advisory Board.
Mr. Thayer is a member of the Board of Trustees of the Cystic Fibrosis Foundation,
serving as its Vice Chairman. He served on the boards of directors of Cogen America, a
NASDAQ listed company, and Sunbeam Corporation, a NYSE listed company.
From 1977-1986, Mr. Thayer was the Executive Vice President and CFO of Citizens
Fidelity Corporation, Louisville, Kentucky, and from 1987-1989, the Executive Vice
President of PNC Financial Corporation.
"Charles Thayer brings to AABD a wealth of practical experience and expertise in
the governance of NASDAQ and NYSE-listed companies as well as community bank
organizations," said Keith Dalrymple, AABD's President. "He will provide AABD
members with valuable governance, financial, and investment support."
Founded in 1989, the non-profit American Association of Bank Directors is the only
trade group in the United States solely devoted to bank directors and their information,
education, and advocacy needs. The Institute for Bank Director Education was established
in 1993 as the educational arm of AABD. Its purpose is to act as a clearinghouse for
education programs designed for bank and savings institution directors that support the
nationally recognized Director Certification Program.
