Community Bancorp announces retirement of Chairman Richard White

first_imgCommunity National Bank,Community Bancorp. (OTCBB:CMTV) and Community National Bank in Derby, Vermont, has announced the planned retirement of Chairman Richard C White from their Boards of Directors, effective January 1, 2011. Formerly its CEO, White was instrumental in the growth of the bank over the last 20 years and in setting up the holding company. White joined the Bank on January 22, 1980, as a member of the Board of Directors. While on the Bank’s Board, he helped to oversee the Bank’s transition to a bank holding company structure, and has served on the Company’s Board since its founding. In addition to his service on the Boards of the Company and Bank, White served as a Vice President of the Company and the Bank, and became President and CEO of the Bank in 1986. He assumed the additional role of President of the Company and Chairman of the Boards of the Company and Bank upon Arthur Judd’s retirement on March, 1987.Over the years, White has provided strong leadership and demonstrated a deep commitment to the Company. He has led the Company through a period of significant growth, with its expansion into Vermont’s Caledonia and Washington Counties. The highlight of his tenure was the Company’s purchase of LyndonBank, effective December 31, 2007. With this purchase, the Company approached $500 million in assets, increased its market presence in Vermont’s Northeast Kingdom and expanded its branch network into Vermont’s Lamoille and Franklin Counties.On January 1st, 2008, White decided to reduce his workload as President Steve Marsh assumed the title of CEO from him. Since that time he has remained as Chairman of the Board to support a smooth transition in management, and will remain as Chairman through December 31, 2010. Effective January 1, 2011 President and CEO Steve Marsh will assume the title of Chairman.The whole Community National Bank family joins in wishing Chairman White best wishes as he enters the next phase of his very active life.Community Bancorp. is a bank holding company with consolidated assets of approximately $527 million as of September 30, 2010. It is the parent company of Community National Bank, an independent bank that has been serving its communities since 1851, with offices now located in Derby, Derby Line, Island Pond, Barton, Newport, Troy, St. Johnsbury, Montpelier, Barre, Lyndonville, Morrisville and Enosburg Falls.###last_img read more

Top Eight Players Step Out In Style for the WTA Finals Draw/ Player Awards…

first_imgThe season’s best eight players are in Singapore to compete in the 2017 BNP Paribas WTA Finals, bringing an eventful season to an end. The draw for the tour finals was made on Friday at the WTA Gala, held at the Marina Bay Sands in Singapore. The Gala also annual WTA Player Awards.The competing players – Simona Halep, Garbine Muguruza, Karolina Pliskova, Elina Svitolina, Venus Williams, Caroline Wozniacki, Jelena Ostapenko and Caroline Garcia all stepped out looking glamorous for the event.World number one, Simona Halep wore a black dress, slightly above the knee with ‘Equality’ stitched to the bottom. The Romanian completed the outfit with black and silver high-heeled sandals.Garbine Muguruza was dressed in a black and teal Versace dress with a plunging neckline. She had on red block-heeled sandals and her hair sleekly packed at the back.Karolina Pliskova let her blonde hair down, dressed in a flowery midi gown. The 25-year-old accessorized with silver high-heeled sandals, adding to her  six feet one inch height.Making her debut at the WTA Finals, Elina Svitolina slipped into a blue silk dress with a high neckline and long slit, made by her mother. The World number four also wore blingy Jimmy Choo pumps.37-year-old Venus Williams, making a return to the event for the first time since 2009 showed off her long legs in little black dress with long sleeves and matching heels. Her natural hair was styled with a band.Making her fifth appearance at the year-end championships, Caroline Wozniacki wore a white and red body suit with a black belt tied into a bow at the side. The look was completed with black high heels.Roland Garros Champion, Jelena Ostapenko was dressed in a red A-line, cold-shoulder dress and had on red lipstick to match. The 20-year-old debutant was all smiles as she walked in her black heels.Caroline Garcia also wore a short red dress with a bit of sheer at the midriff and bottom. The Frenchwoman had nude pumps on her feet.Garbine Muguruza was named the Player of the Year, Martina Hingis and Chan Yung-Jan won the Doubles team of the Year Award, Jelena Ostapenko was the Most Improved Player of the Year, American Catherine Bellis was given the Newcomer of the Year award and Sloane Stephens won the Comeback Player of the Year award. The Jerry Diamond ACES Award was presented to Angelique Kerber.RelatedWTA Tour Finals: Venus Becomes Oldest Finalist; To Face Wozniacki In FinalOctober 29, 2017In “Sports”Indian Wells Masters: Osaka, Halep Crash Out Retaining RankingsMarch 13, 2019In “Tennis”2017 Wimbledon Open : Good Old Wine Venus Into A 10th Semi FinalJuly 12, 2017In “Sports”last_img read more

New fundraising rules proposed for construction at UI, ISU, UNI

first_imgDES MOINES — Republican lawmakers are setting new financing requirements for construction on the public university campuses in Ames, Cedar Falls and Iowa City.Under the plan, the state will provide just 60 percent of the cost for building projects at the University of Iowa and Iowa State University. Officials at those universities will have to raise the remaining 40 percent of the cost from federal grants or private sources. Republican Representative Gary Mohr of Bettendorf, a retired college administrator, said the universities can ask their 50,000 graduates for more money“I’ve done this for 40 years,” Mohr said during House debate. “In this economy and in this world, you can raise 40 percent.”The University of Northern Iowa would be required to raise 20 percent of the construction costs from sources other than state tax dollars. Representative Mary Mascher, a Democrat from Iowa City, said it’ll be hard to raise private donations for some vital projects, like power plants and steam tunnels.“This has enormous ramifications to our universities in Iowa and I don’t understand why you would spring this on us at the last minute,” Mascher said.Lawmakers are hoping to complete the work of the 2019 legislative session by this weekend.The proposal on private fundraising for construction at the public universities is included in a budget bill that’s been approved by the Senate and the House, but senators must vote again on some adjustments House members made.last_img read more