ATB Financial president retires

Curtis Stange. File photo

ATB Financial president and CEO Curtis Stange is retiring after 16 years with the organization.

The company’s board of directors is now searching for a new president and CEO and has engaged global leadership advisory and executive search firm, Russel Reynolds Associates, to lead the process.

“ATB Financial is in a strong position to bring in a new leader,” said Joan Hertz, ATB Financial board chair. “Thanks to Curtis’ leadership and vision, we have tremendous momentum as a company. Our board’s approach to continual succession planning and the gold standard we hold for Crown governance have us well-equipped to lead this selection process.”

During Stange’s seven years as president, ATB saw record-setting financial performance and built one of the strongest balance sheets amongst regional financial institutions in North America. The organization recently surpassed $100 billion in total assets and assets under management.

His work has also led to significant achievements, including the creation of the ATB Community Foundation and the launch of a leadership program that is accredited with the University of Alberta.

Stange will continue leading ATB Financial throughout the selection process and during the transition. The company’s goal is to announce a new president and CEO in December.

Read more: VIDEO: Community forum highlights progress and frustration

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Christian Apostolovski
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