ANNB | Quote | Chart | News | PowerRating -- Annapolis Bancorp, Inc. (NASDAQ: ANNB | Quote | Chart | News | PowerRating) today announced the appointment
of Edward J. Schneider as Chief Financial Officer and Treasurer of the
Company, and as Senior Vice President, Chief Financial Officer and
Treasurer of its wholly-owned subsidiary, BankAnnapolis. Mr. Schneider
replaces Margaret Theiss Faison, who becomes Senior Vice President and
Controller of the Company and Bank effective today.
"We are fortunate to have this opportunity to strengthen our financial
management team by bringing Ed Schneider on board," said Richard M.
Lerner, Chairman and CEO of the Company and Bank. "Ed is a talented,
innovative financial executive with a vast breadth of experience in the
banking industry. His hiring clearly demonstrates the commitment of our
board of directors to assembling the best possible management team to
guide the Company and Bank out of the current recession and into a new
era of financial success."
Prior to joining the Company and the Bank, Mr. Schneider, age 47, worked
at Citigroup Inc. and its various subsidiaries from 1995 to 2004 and
again from 2005 to 2009, where he most recently held the positions of
Controller and Chief Accounting Officer of CitiFinancial Branch Network
and Treasurer of CitiFinancial Credit Company. From 2004 to 2005, he
served as Senior Vice President and Director of Corporate Regulatory
Reporting at MBNA Corporation prior to its acquisition by Bank of
America. Prior to joining Citigroup, Mr. Schneider served in a number of
positions from 1986 to 1995 at other banks and bank holding companies.
SOURCE: Annapolis Bancorp, Inc.
Annapolis Bancorp, Inc.
Richard M. Lerner, 410-224-4455
rlerner@bankannapolis.com
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