New Shareholder - Alex Hager

The Firm announced in May a new addition to the Financial Institution Advisory Group. Starting June 8, 2009 Alex Hager will be joining Saltmarsh as a Shareholder. Alex has been the Acting Commissioner for the Florida Financial Services Commission for the State of Florida and served as Deputy Commissioner from 2003-2008. In this role he is responsible for oversight of Banking, Securities, and Finance businesses in the State of Florida., which includes all financial institutions (domestic banks, credit unions, international banks and trust companies). Alex has over 35 years experience in the regulatory and financial services industries.

Upon joining Saltmarsh, Alex will provide consulting services to our community bank clients related to regulatory issues, compliance, strategic planning, etc. We believe that Alex’s addition will provide significant benefits to our current and future financial institution clients. Alex will be working out of his home in Tallahassee.

Alex will be joining our Firm as a Shareholder on Monday and will be here in Pensacola going through orientation. Please welcome him to the Firm and get to know him. He will be leaving Pensacola after a couple of days of orientation, heading to the Florida Bankers Conference with Bill and Nathan.