PLANO, Texas, May 20, 2014 /PRNewswire/ -- ViewPoint
Financial Group, Inc. ("ViewPoint") (NASDAQ: VPFG), the holding
company for ViewPoint Bank, N.A., today announced that, following
its annual meeting of shareholders held on May 19, 2014, ViewPoint's Board of Directors
appointed Tony LeVecchio to serve as Chairman of the Board
following the retirement of its chairman of 15 years, James McCarley. McCarley has served on the
Board of ViewPoint and its predecessor entity since 1992 and has
served as Chairman of the Board since 1999. Also retiring was
board member Keith Sockwell, who
joined the board of ViewPoint and its predecessor entity in
1987.
"Tony's broad experience in finance and service on the boards of
public companies has significantly contributed to our efforts since
he joined the board in 2006," said ViewPoint President and Chief
Executive Officer Kevin Hanigan. "We
look forward to him serving as our new chairman."
Prior to his appointment as Chairman of the Board, LeVecchio
served as Vice Chairman of the Board and currently serves as
Chairman of ViewPoint's Audit Committee. He is President and
Principal of The James Group, Inc., a Plano-based consulting group that focuses on
providing executive support to businesses throughout the country.
Prior to founding The James Group, LeVecchio was Senior Vice
President and Chief Financial Officer of VHA Southwest Inc, a
regional health care system of non-profit hospitals in Texas.
"Thank you to James and Keith for their valuable contributions
to the company over the years," said Hanigan. "During their
leadership, ViewPoint went from a four-branch, $176 million credit union to a $3.6 billion publicly traded company with 31
locations in 17 North Texas
cities. It was a pleasure to work with these highly experienced
leaders, and we wish them all the best in their retirement."
About ViewPoint Financial Group, Inc.
ViewPoint Financial Group, Inc. is the holding company for
ViewPoint Bank, N.A. ViewPoint Bank, N.A. operates 31 banking
offices in the Dallas/Fort Worth
metropolitan area, including two First National Bank of
Jacksboro locations in Jack and
Wise Counties. For more information, please visit
www.viewpointbank.com or www.viewpointfinancialgroup.com.
SOURCE ViewPoint Financial Group, Inc.