February 25, 2008
WoodTrust Bank’s Board of Directors voted to elect Dr. John Clark and Mr. Benjamin Reif to serve as directors of the independent financial services company headquartered in Wisconsin Rapids, WI.
Dr. John Clark is President of Mid-State Technical College. He has a B.S. in Industrial/Vocational Education and a M.S. in Vocational Education with an Administration and Curriculum emphasis, both from the University of Wisconsin-Stout, and a Ph.D. in Educational Administration from the University of Wisconsin-Madison. Dr. Clark’s recent community involvement includes the Wisconsin Rapids Noon Rotary Club, the Riverview Hospital Association Board of Directors, the Riverview Health Care Foundation Board of Directors, the Portage County Business Council Board of Directors, Council of North Central Two-Year Colleges Board of Directors, University of Wisconsin-Stout School of Education Advisory Board, and Vice President of the Wisconsin Technical College System Presidents’ Association.
Benjamin Reif currently serves as Vice President and General Manager of Wausau Coated Products, Inc., headquartered in Wausau, WI. He graduated with a degree in Economics from Boston College before joining the company as a regional sales manager in Minneapolis, MN and later Dallas, TX. The primary business of Wausau Coated Products is the manufacturing of pressure sensitive label material, selling primarily to roll and sheet-fed printers in the United States, Canada and Mexico. Mr. Reif has direct responsibility for sales and marketing, operations and technical/R & D.
“We are excited to welcome the diverse educational, business and management expertise that John and Ben will bring to our Board of Directors,” said Steve Bell, Chairman and CEO of WoodTrust Bank. “Both individuals are wonderful additions to our organization and will help guide our future as an independent and growing community-minded financial services company.”
Through its subsidiaries and affiliates, WoodTrust Financial Corporation engages in a wide variety of financial services activities on behalf of a diverse group of corporate, family, individual and not-for-profit customers. The company serves over $1.2 billion in client assets and in the past has been named the #1 community bank holding company in the United States by U.S. Banker magazine. WoodTrust Financial Corporation employs over 100 associates throughout seven locations in Wisconsin Rapids, Wausau, Plover, and Scottsdale, Arizona. WoodTrust Bank, a subsidiary, is a $340 million commercial banking institution.