The Middlefield Banking Company Elects William J. Skidmore to Board of Directors
MIDDLEFIELD, OHIO The Middlefield Banking Company today announced the election of William J. Skidmore to its Board of Directors, effective January 2, 2007. Mr. Skidmore is Northeast Ohio Senior District Manager for Waste Management of Ohio, Inc. Committee assignments for Mr. Skidmore have not yet been determined.
Thomas G. Caldwell, President and Chief Executive Officer of The Middlefield Banking Company, said, “We are very pleased that Bill Skidmore is joining our Board of Directors. Bill is an accomplished leader and executive with a wealth of knowledge and experience that will serve our firm well. We look forward to working with him.”
Mr. Skidmore, a native and resident of Chardon, holds a bachelor’s degree in sales and marketing from Bowling Green State University. He has held progressively responsible positions with Waste Management and a predecessor company since 1978. Additionally, he brings prior experience in banking, having served on the Boards of Directors of both First County Bank in Chardon and of Metropolitan National Bank in Youngstown. He is a member and President of the Chardon Rotary, a former President of the Chardon Chamber of Commerce, a former member of the business advisory committee of Kent State University (Geauga), and a past representative to the board of the National Solid Waste Management Association in Washington, D. C.
“The Middlefield Banking Company is committed to offering the highest level of community banking services and I am pleased to be able to apply my experience to support the company’s overall goals and operations,” stated Skidmore.
The Middlefield Banking Company is the operating subsidiary of Middlefield Banc Corp. (Pink Sheets: MBCN). Headquartered in Middlefield, Ohio, the company has assets in excess of $330 million. The bank operates six full service banking centers and a LPL Financial brokerage office serving Chardon, Garrettsville, Mantua, Middlefield, and Orwell, Ohio. The company also maintains a loan production office in Cortland, Ohio. A banking office is presently under construction in Newbury, Ohio, with an expected opening in late December.
This announcement contains forward-looking statements that involve risk and uncertainties, including changes in general economic and financial market conditions and the Company’s ability to execute its business plans. Although management believes the expectations reflected in such statements are reasonable, actual results may differ materially.