DENVER, June 26, 2013 /PRNewswire/ -- CoBiz Financial (COBZ), the parent company of Colorado Business Bank and Arizona Business Bank, announced that Robert W. Cunningham and Angie MacPhee, have been elected to the Board of Directors for its banking franchise.
"We are pleased to welcome these two outstanding individuals to our bank Board," said Jonathan C. Lorenz, Colorado Business Bank/Arizona Business Bank CEO. "Bob brings not only an extensive background as a trucking industry executive but the experience of being an Arizona Business Bank customer. Angie's company is also a customer of our bank – Colorado Business Bank – and her leadership of an accounting consultancy aligns well with our large customer base of service firms."
Cunningham serves as president of RWC International, a commercial vehicle sales and service dealership headquartered in Phoenix. His career in the trucking industry has spanned 40 years, including 15 years with Swift Transportation where he served as executive vice president of sales and marketing, on the board of directors and, finally, president and CEO. In May 2010, Cunningham purchased Arizona's International dealerships and Idealease locations. During his career, he has led the successful acquisition and integration of seven truckload carriers with an aggregate valuation of approximately $236 million. He received his B.S. degree from the University of Utah.
MacPhee is the chief executive officer at RGL Forensics, a global multi-disciplinary forensic accounting and consulting firm. In addition to serving as CEO, she also serves on RGL's strategic governing board which is responsible for setting the strategic direction and driving the growth of the firm. She has been with the firm since 2010; prior to that, she served as vice president of the Timberline Region for O'Neal Steel, Inc. She received a bachelor's of science degree in accounting and MBA from the University of Colorado. She currently serves on the board of trustees for Warren Village and the board of both the Global and Denver chapter of the Association for Corporate Growth.
Colorado Business Bank is a full-service commercial banking institution that offers a broad range of sophisticated banking services to a targeted customer base of professionals and small to medium-sized businesses. The bank's parent company, CoBiz Financial (Nasdaq GS: COBZ), is a $2.6 billion financial holding company headquartered in Denver. The Company also provides wealth planning and investment management through CoBiz Wealth Management; property and casualty insurance brokerage and employee benefits through CoBiz Insurance; investment banking services through Green Manning & Bunch.
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