Broadway Bank announced today that David Bohne has been appointed as the bank’s CEO. Jim Goudge, chairman and CEO, will be stepping down as CEO, a position he has held at Broadway Bank for 18 years. Goudge will continue to serve as chairman of the board and support Bohne through the transition.
“Our 75th year was our strongest year ever and the bank continues to maintain good profitability and a solid financial condition,” said Goudge. “Deposits ended in 2015 at $2.8 billion and loans totaled $1.5 billion at year end. With our strength, financial stability and exceptional employees, we are confident that this is the right time to make this transition.”
Bohne comes to Broadway Bank with a strong financial background having spent most of his career in various executive positions at USAA Federal Savings Bank. Most recently, he served for eight years as the bank’s president, where he grew their assets from $44 billion to more than $69 billion.
“After a thorough executive search and months of due diligence, David was selected because of his proven leadership, strategic focus and industry knowledge,” continued Goudge. “He has demonstrated his ability to grow an organization, is team oriented and recognizes the importance and contribution of our strong culture. He brings a new and fresh perspective to Broadway Bank.”
Working with Korn Ferry International, a preeminent global people and advisory firm, the executive search committee included several members of the Cheever family and board members who interviewed and assessed many outstanding candidates.
“I am excited about this opportunity to join Broadway Bank, a pillar in the banking community of San Antonio. It is especially meaningful to join the bank during this 75th anniversary year,” said Bohne. “I’ve long admired Broadway Bank’s deep roots, commitment to community and steadfast dedication to personalized attention for both customers and employees.”
Bohne’s 22-year banking career includes senior leadership roles where he directed and coordinated financial programs, and projects to maximize the operational and strategic performance of the bank. Previous bank roles include CFO, head of product management, call center executive and other roles in operations and finance. He brings expertise in asset and capital management, innovative product design and management, and customer experience.
“Jim really maintained the forward momentum of Broadway Bank during good times and challenging times in the banking industry,” said Charles E. Cheever Jr., who is the son of the founders and chairman emeritus of Broadway Bank. “He led us into the new millennium with steady hands and smart decisions, so we are very grateful for his leadership and contributions; we look forward to more great things as we heartily welcome David into the CEO position,” Cheever added.
Bohne is a native of San Antonio and has a Master of Business Administration from The University of Incarnate Word and a Bachelor of Business Administration in accounting from Texas A&M University. He formerly served on the boards of United Way San Antonio, the San Antonio Children’s Shelter, and United Services Organization (USO) of San Antonio. He and his wife, Cathy, have two children.
About Broadway Bank
Headquartered in San Antonio, Broadway Bank was founded in 1941 by Col. Charles E. Cheever and his wife, Elizabeth Cheever. It has evolved from a small neighborhood bank into one of the largest independently owned banks in Texas. Today, Broadway Bank continues to function as a family-owned and operated financial institution. Broadway Bank offers a full-range of sophisticated financial services, including personal banking, private banking, military banking, business banking and wealth management. With more than $3 billion in total assets, the highly rated Bank operates 39 locations in San Antonio, Austin and the surrounding areas. Visit the Broadway Bank website at broadwaybank.com for more information.