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The following is an excerpt from a 10-K SEC Filing, filed by FIRST BANKS, INC on 3/28/2007.
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FIRST BANKS, INC - 10-K - 20070328 - DIRECTORS_AND_OFFICERS

Item 10. Directors, Executive Officers and Corporate Governance

Board of Directors and Committees of the Board

Our Board of Directors consists of seven members. The Board determined that Messrs. Gundaker, Steward and Yaeger are independent. Each of our directors identified in the following table was elected or appointed to serve a one-year term and until his successor has been duly qualified for office.

                                       Director               Principal Occupation(s) During Last Five Years
           Name                 Age      Since                    and Directorships of Public Companies
           ----                 ---      -----                    -------------------------------------


James F. Dierberg (1)            69      1979      Chairman of the Board of Directors of First Banks, Inc. since 1988;
                                                   Chief  Executive  Officer of First  Banks,  Inc. from 1988 to April
                                                   2003;  President  of First  Banks,  Inc. from 1979 to 1992 and from
                                                   1994 to October 1999; Chairman of the Board of Directors, President
                                                   and Chief Executive  Officer of First Banks America,  Inc.from 1994
                                                   until its merger with First Banks, Inc. in December 2002.

Allen H. Blake (2)               64      1988      President of First Banks,  Inc. since October 1999; Chief Executive
                                                   Officer of First  Banks,  Inc.  since April 2003;  Chief  Financial
                                                   Officer of First Banks,  Inc. from 1984 to September  1999 and from
                                                   May 2001 to August  31,  2005;  Chief  Operating  Officer  of First
                                                   Banks,  Inc. from 1998 to July 2002;  Director of First Banks, Inc.
                                                   since 1988;  Director,  Executive Vice  President,  Chief Operating
                                                   Officer and Secretary of First Banks America,  Inc. from 1998 until
                                                   its  merger  with  First  Banks,   Inc.  in  December  2002;  Chief
                                                   Financial  Officer  of  First  Banks  America,  Inc.  from  1994 to
                                                   September 1999 and from May 2001 until December 2002.

Terrance M. McCarthy (2)         52      2003      Senior  Executive  Vice  President and Chief  Operating  Officer of
                                                   First Banks, Inc. since August 2002;  Director of First Banks, Inc.
                                                   since April 2003;  Director of First Banks America,  Inc. from July
                                                   2001 until its merger with First  Banks,  Inc.  in  December  2002;
                                                   Executive Vice President of First Banks America,  Inc. from 1999 to
                                                   December  2002;  Chairman of the Board of  Directors  of First Bank
                                                   since January 2003;  President and Chief Executive Officer of First
                                                   Bank  since  August  2002;  Chairman  of the  Board  of  Directors,
                                                   President and Chief Executive  Officer of First Bank and Trust from
                                                   April 2000 until its merger with and into First Bank in March 2003.

Steven F. Schepman (1)           34      2004      Director  of  First  Banks,  Inc.  since  July  2004;  Senior  Vice
                                                   President and Chief  Financial  Officer of First Banks,  Inc. since
                                                   August 31, 2005;  Director of First Bank from April 2001 to October
                                                   2004;  Senior Vice President - Private Banking,  Wealth  Management
                                                   and Trust  Services of First Bank from  November 2000 to August 31,
                                                   2005;  From May 1999 to November 2000, Mr. Schepman was employed in
                                                   various other senior management capacities with First Banks, Inc.

Gordon A. Gundaker (3)           73      2001      President and Chief Executive  Officer of Coldwell Banker Gundaker,
                                                   a  full-service  real  estate  brokerage  company,  in  St.  Louis,
                                                   Missouri.

David L. Steward (3)             55      2000      Chairman  of the  Board  of  Directors  of  World  Wide  Technology
                                                   Holding Co., Inc., an electronic  procurement and logistics company
                                                   in the information  technology  industry,  in St. Louis,  Missouri;
                                                   Director   of   Centene   Corporation,   Civic   Progress   of  St.
                                                   Louis,  the St. Louis  Regional  Commerce  and Growth  Association,
                                                   the Regional Business Council,  Webster  University,  Barnes Jewish
                                                   Hospital,  the United  Way of Greater  St.  Louis and  Greater  St.
                                                   Louis Area Council - Boy Scouts of America.

Douglas H. Yaeger (3)(4)         58      2000      Chairman of the Board of Directors,  President and Chief  Executive
                                                   Officer  of The  Laclede  Group,  Inc.,  an exempt  public  utility
                                                   holding company in St. Louis,  Missouri since 2001; Chairman of the
                                                   Board of  Directors,  President  and  Chief  Executive  Officer  of
                                                   Laclede Gas Company  since 1999;  President  of Laclede Gas Company
                                                   since 1997;  Director  and Chief  Operating  Officer of Laclede Gas
                                                   Company from 1997 to 1999;  Executive  Vice  President - Operations
                                                   and  Marketing of Laclede Gas Company  from 1995 to 1997;  Director
                                                   and  past  Chairman of  the  Board  of  Directors  of the St. Louis
                                                   Regional  Commerce  and  Growth  Association;  Director  and   past
                                                   Chairman of  Southern  Gas  Association;  Director of  American Gas
                                                   Association; Director and incoming Chairman of the Missouri  Energy
                                                   Development  Association;  Commissioner  of  the  St. Louis Science
                                                   Center;  Director of  Barnes-Jewish  Hospital,  Greater  St.  Louis
                                                   Area  Council  - Boy  Scouts of  America,  The   Municipal  Theatre
                                                   Association  of St.  Louis,  the  United Way of Greater  St.  Louis
                                                   and  Webster  University;  President  of Civic Progress.
--------------------------------------
(1)  Mr. Steven F. Schepman is the son-in-law of Mr. James F. Dierberg.
(2)  At the regular meeting of the First Banks, Inc. Board of Directors  held  on January 26, 2007, Mr. Allen H. Blake
     announced his retirement and resigned his positions as a Director, President and Chief Executive Officer of First
     Banks,  effective  March 31, 2007.  Upon  acceptance  of  Mr. Blake's resignation, the Board of Directors elected
     Mr. Terrance M. McCarthy as President and Chief Executive Officer of First Banks, effective April 1, 2007.
(3)  Member of the Audit Committee.
(4)  Mr. Douglas H. Yaeger serves as Chairman of the Audit Committee and the audit committee financial expert.

Committees and Meetings of the Board of Directors

Three members of our Board of Directors currently serve on the Audit Committee, all of whom the Board of Directors determined to be independent; there are no other committees of the Board of Directors. The Audit Committee assists the Board of Directors in fulfilling the Board's oversight responsibilities with respect to the quality and integrity of the consolidated financial statements, financial reporting process and systems of internal controls. The Audit Committee also assists the Board of Directors in monitoring the independence and performance of the independent auditors, the internal audit department and the operation of ethics programs. The Audit Committee operates under a written charter adopted by the Board of Directors.

The members of the Audit Committee as of March 28, 2007 were Mr. Gordon A. Gundaker, Mr. David L. Steward and Mr. Douglas H. Yaeger, who serves as the Chairman of the Audit Committee and the audit committee financial expert.


Audit Committee Report

The Audit Committee is responsible for oversight of our financial reporting process on behalf of the Board of Directors. Management has primary responsibility for our financial statements and financial reporting, including internal controls, subject to the oversight of the Audit Committee and the Board of Directors. In fulfilling its responsibilities, the Audit Committee reviewed the audited consolidated financial statements with management and discussed the acceptability of the accounting principles used, the reasonableness of significant judgments made and the clarity of the disclosures.

The Audit Committee reviewed with the Independent Registered Public Accounting Firm, who is responsible for planning and carrying out a proper audit and expressing an opinion on the conformity of our audited consolidated financial statements with U.S. generally accepted accounting principles, their judgments as to the acceptability of the accounting principles we use, and such other matters as are required to be discussed with the Audit Committee by Statement on Auditing Standards No. 61, Communications with Audit Committees, as amended. In addition, the Audit Committee discussed with the Independent Registered Public Accounting Firm its independence from management and the Company, including the matters required by Standard No. 1 of the Independence Standards Board, and the Audit Committee considered the compatibility of non-audit services provided by the Independent Registered Public Accounting Firm with the firm's independence. KPMG LLP has provided the Audit Committee with the written disclosures and letter required by Standard No. 1 of the Independence Standards Board.

The Audit Committee discussed with our Internal Audit Department and Independent Registered Public Accounting Firm the overall scope and plans for their respective audits. The Audit Committee met with the Internal Audit Department and Independent Registered Public Accounting Firm with and without management present to discuss the results of their examinations, their evaluations of our internal controls and the overall quality of our financial reporting.

In reliance on the reviews and discussions referred to above, the Audit Committee recommended to the Board of Directors that the audited consolidated financial statements be included in the Annual Report on Form 10-K as of and for the year ended December 31, 2006 for filing with the SEC.

Audit Committee

Douglas H. Yaeger, Chairman of the Audit Committee Gordon A. Gundaker David L. Steward

Code of Ethics for Principal Executive Officer and Financial Professionals

The Board of Directors has approved a Code of Ethics for Principal Executive Officer and Financial Professionals that covers the Principal Executive Officer, the Chief Financial Officer, the Chief Operating Officer, the Chief Credit Officer, the Chief Investment Officer, the Senior Vice President and Controller, the Senior Vice President - Director of Taxes, the Senior Vice President - Director of Management Accounting, and all professionals serving in a Corporate Finance, Accounting, Treasury, Tax or Investor Relations role. These individuals are also subject to the policies and procedures adopted by First Banks that govern the conduct of all of its employees. The Code of Ethics for Principal Executive Officer and Financial Professionals is included as an exhibit to this Annual Report on Form 10-K.

Code of Conduct for Employees, Officers and Directors

The Board of Directors has approved a Code of Conduct applicable to all employees, officers and directors of First Banks that addresses conflicts of interest, honesty and fair dealing, accounting and auditing matters, political activities and application and enforcement of the Code of Conduct. The Code of Conduct is available on First Banks' website, www.firstbanks.com, under "About us." ------------------


Executive Officers

Our executive officers, each of whom was elected to the office(s) indicated by the Board of Directors, as of March 28, 2007, were as follows:

                                             Current First Banks                     Principal Occupation(s)
          Name                 Age              Office(s) Held                       During Last Five Years
          ----                 ---              --------------                       ----------------------

James F. Dierberg              69    Chairman of the Board of Directors.     See  "Item  10  -  Directors,  Executive
                                                                             Officers  and  Corporate   Governance  -
                                                                             Board of Directors."

Allen H. Blake                 64    President,  Chief Executive  Officer    See  "Item  10  -  Directors,  Executive
                                     and Director.                           Officers  and  Corporate   Governance  -
                                                                             Board of Directors."

Terrance M. McCarthy           52    Senior   Executive  Vice  President,    See  "Item  10  -  Directors,  Executive
                                     Chief    Operating    Officer    and    Officers  and  Corporate   Governance  -
                                     Director;  Chairman  of the Board of    Board of Directors."
                                     Directors,   President   and   Chief
                                     Executive Officer of First Bank.

Steven F. Schepman             34    Senior   Vice    President,    Chief    See  "Item  10  -  Directors,  Executive
                                     Financial Officer and Director.         Officers  and  Corporate   Governance  -
                                                                             Board of Directors."

Russell L. Goldammer           50    Executive  Vice  President and Chief    Executive   Vice   President  and  Chief
                                     Information Officer.                    Information   Officer   since   November
                                                                             2004;  Chief   Information   Officer  of
                                                                             Outsourcing Solutions,  Inc., St. Louis,
                                                                             Missouri,  from  April  2001 to  October
                                                                             2004;  Senior  Vice  President  of  U.S.
                                                                             Bank  in  Milwaukee,   Wisconsin,   from
                                                                             October 1999 to April 2001.

Daniel W. Jasper               61    Executive  Vice  President and Chief    Executive   Vice   President  and  Chief
                                     Credit    Officer;    Director   and    Credit  Officer  of  First  Banks,  Inc.
                                     Executive  Vice  President  of First    since   October   2003;    Senior   Vice
                                     Bank.                                   President   and  Acting   Chief   Credit
                                                                             Officer of First  Banks,  Inc.  from May
                                                                             2003  to  October   2003;   Senior  Vice
                                                                             President  -  Credit  Administration  of
                                                                             First Banks, Inc. from 1995 to May 2003.

F. Christopher McLaughlin      53    Executive    Vice   President    and    Executive Vice President and Director of
                                     Director  of  Sales,  Marketing  and    Sales,  Marketing and of Products  First
                                     Products; Director of First Bank.       Banks,   Inc.  since   September   2003;
                                                                             Director  of  First  Bank  since  Otober
                                                                             2004; Executive  Vice President-Personal
                                                                             Banking  Division,   HSBC  Bank  USA  in
                                                                             Buffalo,  New  York  from  1998  to June
                                                                             2002; Independent  Consultant  from July
                                                                             2002 to August 2003.


Mary P. Sherrill               52    Executive    Vice    President   and    Executive  Vice  President  and Director
                                     Director of Operations;  Director of    of  Operations  of  First  Banks,   Inc.
                                     First Bank.                             since  April  2003;  Director  of  First
                                                                             Bank  since  April  2003; Director, Vice
                                                                             Chairman  and  Chief  of Bank Operations
                                                                             Southwest  Bank  in  St. Louis, Missouri
                                                                             from April 1999 to March 2003.

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