The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

EverBank hires former Umpqua exec as CEO

EverBank in Jacksonville, Fla. – now under new ownership – also has a new CEO.

The investor group that bought and rebranded TIAA Bank said in a press release that Greg Seibly had taken on the role. Siebly recently served as president and head of regional banking at Umpqua Bank.

David DePillo, who recently served as president of First Foundation Bank, is EverBank’s new president. Siebly and DePillo succeeded Steve Fischer, who served as TIAA Bank’s President and CEO, will is now vice chairman.

“We’re excited to begin a new chapter of growth, performance and exceptional service to our consumer and commercial clients across the country,” Seibly said in the release.

“Our bank has a long tradition of forward-looking innovation and partnership with our clients, enabling them to achieve success on their own unique terms, and always giving them the financial advantage they deserve,” he added.

TIAA agreed last fall to sell the $38.6 billion-asset bank to funds managed by Stone Point Capital, Warburg Pincus, Reverence Capital Partners, Sixth Street and Bayview Asset Management. The deal recently closed.

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