Contact Information: Contact: John P. Hickey, Jr. President and CEO (262) 695-6000 Angela M. Blair Investor Relations Manager (262) 695-6010
CIB Marine Bancshares, Inc. Appoints Charles E. Baker to the Board of Directors
| Source: CIB Marine Bancshares, Inc.
PEWAUKEE, WI--(Marketwire - February 4, 2008) - The Board of Directors of CIB Marine
Bancshares, Inc. (CIB Marine) is pleased to announce that Charles E. Baker
has been named to the Company's Board of Directors.
Mr. Baker has served as a Director of CIB Marine's subsidiary, Marine Bank,
since July 2006. Mr. Baker is a Certified Public Accountant, and retired
as a partner of Ernst & Young LLP in 2005, after serving the firm in a
variety of increasingly responsible roles for 36 years. From 1996 to 2005,
he was Partner in the National Office Professional Practice Group with
responsibility for the Lake Michigan area, which consisted of the Chicago,
Milwaukee, Indianapolis, Grand Rapids and Fort Wayne offices. In this
role, Mr. Baker was responsible for technical reviews of public and private
companies in addition to consultation on accounting and SEC issues, and
participated in numerous initial public offerings and other SEC filings.
Mr. Baker also had a six-month assignment in the firm's Tokyo office where
he assisted clients including NEC Corporation, Toshiba and Fuji Photo with
US accounting issues, and served for many years as Partner in the firm's
Milwaukee office. Other clients Mr. Baker served include: Harley Davidson,
Kohl's, Stryker, Herman Miller, S.C. Johnson, Journal Communications and
Meijer.
"Chuck has proven himself to be an invaluable member of Marine Bank's
Board, and we are very excited for the opportunity for him to bring his
extensive financial expertise, keen insight and integrity to CIB Marine's
Board," said John P. Hickey, President and CEO of CIB Marine.
CIB Marine Bancshares, Inc. is a multi-bank holding company with 24 banking
offices in Central Illinois, Wisconsin, Indiana, Florida, and Arizona.
Please visit www.cibmarine.com for additional information.