DENVER, CO–(Marketwired)–On May 3, 2011, the Board of Directors of Guaranty Bancorp (NASDAQ: GBNK) (the “Company”) appointed Paul W. Taylor as the Company’s Chief Executive Officer (CEO) and President, conditioned upon the approval of the Company’s regulators.
Mr. Taylor will also be appointed CEO and President of the Company’s bank subsidiary, Guaranty Bank & Trust Company, subject to the approval of Guaranty Bank’s regulators. Pending these regulatory approvals, Mr. Taylor will serve as the Company’s and Guaranty Bank’s Interim CEO and President, effective immediately. Upon receipt of these regulatory approvals, it is expected that Mr. Taylor will also be appointed to the Company’s Board of Directors.
“I am excited for the opportunity to lead a deeply-rooted Colorado bank with a talented and experienced team that is committed to meeting the unique needs of businesses and individuals in the Rocky Mountain Region,” said Taylor. “With many of the challenges of the past few years behind us, we are ready to create opportunities through growth for our customers, employees, communities and stockholders.”