Daniel Rasmussen - CIB Marine Executive VP, General Counsel and Secretary

CIBH Stock  USD 28.00  0.32  1.16%   

EVP

Mr. Daniel J. Rasmussen is Executive Vice President, General Counsel, Secretary of CIB Marine Bankshares Inc. Mr. Rasmussen has served as Executive Vice President, General Counsel and Secretary of CIB Marine CIBM Bank and Marine Bank since April 2005 since 2010.
Age 57
Tenure 14 years
Phone262 695 6010
Webhttps://www.cibmarine.com
Rasmussen was appointed a nonemployee Executive Vice President, General Counsel and Secretary of CIB Marine and CIBM Bank, through a company owned by him, effective January 1, 2010.

CIB Marine Management Efficiency

CIB Marine's management efficiency ratios could be used to measure how well CIB Marine manages its routine affairs as well as how well it operates its assets and liabilities.
CIB Marine Bancshares currently holds 120.48 M in liabilities. Debt can assist CIB Marine until it has trouble settling it off, either with new capital or with free cash flow. So, CIB Marine's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CIB Marine Bancshares sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CIB to invest in growth at high rates of return. When we think about CIB Marine's use of debt, we should always consider it together with cash and equity.
CIB Marine Bancshares, Inc. operates as the bank holding company for CIBM Bank that provides commercial banking services to individual and business customers in Illinois, Indiana, and Wisconsin. CIB Marine Bancshares, Inc. was incorporated in 1985 and is based in Brookfield, Wisconsin. Cib Marine operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 166 people. CIB Marine Bancshares [CIBH] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

CIB Marine Bancshares Leadership Team

Elected by the shareholders, the CIB Marine's board of directors comprises two types of representatives: CIB Marine inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CIB. The board's role is to monitor CIB Marine's management team and ensure that shareholders' interests are well served. CIB Marine's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CIB Marine's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Melnick, Chief Credit Officer and Executive VP
Elizabeth Neighbors, Paralegal & Investor Relations Manager
Joseph Arie, Exec Lending
James III, Exec Banking
Patrick Straka, CFO and Principal Accounting Officer
Brian Chaffin, President CEO, Director
Gary Maughan, Ex Director
Michelle Bragstad, VP Officer
Daniel Rasmussen, Executive VP, General Counsel and Secretary
Lee Abner, VP Services

CIB Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is CIB Marine a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in CIB OTC Stock

CIB Marine financial ratios help investors to determine whether CIB OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CIB with respect to the benefits of owning CIB Marine security.