Corus Bankshares (CORS) Exec VP, CFO Resigns; Names Dulberg as CFO
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Corus Bankshares, Inc. (Nasdaq: CORS) today announced that Tim Taylor, Executive VP and CFO has resigned. Mr. Taylor's responsibilities will be assumed by two senior officers of the Company: Michael Dulberg, currently the Company's chief accounting officer, has been promoted to CFO and Executive VP. Rick Koretz, currently Senior VP of finance, has been promoted to be the Company's COO and executive vice president.
Corus Bankshares, Inc. operates as the holding company for Corus Bank, N.A. that offers various banking products and services.
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New CFO
Sammy Averbuch on Oct 6, 2008 10:16 PMMike Dulberg is very energetic, bright, enthusiastic, caring, diligent and conservative. His experiences and leadership qualities will help lead Corus Bank through these difficult time. Corus is pegged by many as a "bank in trouble" due to lending on new Condominium buildings in Florida and California. I am optimistic that Mike Dulberg can heko navigate this bank into safe waters. Sammy Averbuch