Bubbler Executive Appointments
Mussoline takes helm at 88Nine RadioMilwaukee
Mary Louise Mussoline, the former senior director of development at the Milwaukee Art Museum, has been named executive director of non-commercial 88Nine RadioMilwaukee (FM 88.9 WYMS). Mussoline’s selection followed a multiple-month search and extensive interviewing process for the open position, said Eric Resch, board chair of Radio For Milwaukee, which operates the station.
"Mary Louise brings a wealth of experience in management and fund development," Resch said. "Her strong background, talent and working relationships within Milwaukee’s non-profit and business communities will help RadioMilwaukee realize its vision for creating a better city through the power of music and our collective voice."
Resch said Mussoline will work closely with her senior management team, including station manager Vicki Mann and program and content director Sam Van Hallgren, to increase the station’s impact within the area and grow community support.
"In a short time, RadioMilwaukee has established itself as a powerful force to bring people together in celebration of music, local arts and community building," Mussoline said. "By tapping into more of the Milwaukee area’s many resources, I hope to help build an even stronger foundation for our future growth and success."
West Bend Mutual Insurance names Steiner as new CEO
As expected, West Bend Mutual Insurance Company made it official recently by announcing the promotion of Kevin Steiner to president and chief executive officer, succeeding Tony Warren, who retired as CEO April 1.
Steiner joined West Bend Mutual in 1994 as group underwriting manager and was later named corporate sales manager. In 1996, he was promoted to assistant vice president of sales, and in 2002 to senior vice president of marketing. He was named executive vice president and chief operating officer in 2007.
Before joining West Bend Mutual, Steiner spent 10 years with Citizens Insurance Company in Michigan. He is a graduate of the University of Wisconsin-River Falls and received his master’s degree in business administration from the University of Wisconsin-Eau Claire.
The board of directors of West Bend Mutual elected Warren as the new chairman of the board. Warren, succeeds John "Rocky" Dedrick, who retired in March.
InvestorsBank names Hensley CEO
Richard Hensley has been named chief executive officer of Waukesha-based InvestorsBank. Hensley will officially start work at InvestorsBank on Wednesday. Hensley served previously as Wisconsin president of Citizens Bank.
Timothy Schadeberg, who was named president of the bank in May of 2008, will continue in that role.
The bank’s approach to banking with privately held businesses and their owners appealed to Hensley, he said, because of its desire to bank the entire client.
“We’re looking for entrepreneurs who are committed to growing their business, who wants someone to be their trusted advisor,” Hensley said. “We’re trying to collectively create a group that is all committed to that idea.”
InvestorsBank was founded in 1997 by George Schonath. Schonath passed away late last year. His family continues to own the bank and his daughters are acting as co-chairs of its board.
The bank has historically been selective about its clients, Schadeberg said, and Hensley will continue that focus.
“Dick will be adding a strategic focus,” Schadeberg said. “We’re looking for long-term relationships.”
As the banking industry recovers from the economic downturn, community-based financial institutions will be poised for significant growth, Hensley said.
“You can walk in and talk to your banker, the president and maybe even the owner,” he said. “You can get an almost immediate decision on a transaction. And we can do just about anything that anyone needs – we may not have the product in our arsenal, but we can act as a quarterback (with other financial providers) so we can provide everything you need.”
In December, InvestorsBank hired its own treasury manager, Schadeberg said. Between the new manager, its existing private bankers and other employees, the bank now effectively has its own private banking department. In the next several months, the bank will begin branding, marketing and packaging products for its private banking offering, Hensley said.
“The fundamentals are all in place. The business products will not change, but how we do it will,” he said.
