Patricia E. Mooradian named to Crestmark Board


(TROY, MICHIGAN, October 15, 2012) – Patricia E. Mooradian, president of The Henry Ford, has been named to the board of directors of Crestmark Bancorp, Inc., and Crestmark Bank, a nationally recognized provider of working capital solutions for small- to medium-sized businesses. Mooradian joins the five member board effective immediately.

“Patricia’s strategic vision and multifaceted business acumen will bring a fresh and welcomed perspective to the board,” said W. David Tull, Crestmark Chairman. “We felt it was time for some new thinking, and her experience with such diverse activities as fundraising, museums, restaurants, and even a school should prove beneficial to Crestmark’s future growth plans. We are very pleased she is joining the board.”

Mooradian joined The Henry Ford in 2000 as Chief Operating Officer, and in 2005 assumed her current post as President. During this time she developed a 10-year strategic plan focusing on increased attendance, new visitor experiences and amenities, new educational products and hospitality. Prior to joining The Henry Ford, Mooradian was the Regional Director of Marketing for The Taubman Company.

Mooradian adds Crestmark to an impressive list of boards and advisory councils. She serves as chair of the Michigan Travel Commission, vice chairman of the Executive Board at Detroit Metro Convention & Visitors Bureau (DMCVB), vice chair of The Henry Ford Learning Institute, founder and executive board member of the Cultural Alliance of Southeast Michigan. She also sits on the board for Henry Ford Hospital & Health Network, and the Detroit Regional Chamber of Commerce, and is a member of the University of Michigan-Dearborn Citizens Advisory Council.

Mooradian joins current Crestmark board members William P. Baer, President of The Crown Group, Inc.; Raymond T. Deegan, Executive Vice President of Imperial Marketing; Thomas W. Cross, Jay Alix & Assoc. (retired); Albert R. Pender, professor (retired) and W. David Tull, Chairman of Crestmark Bank. They have been an active part of the Crestmark Board since before 2000.

Crestmark is a nationally known and respected FDIC-insured bank that provides innovative financial solutions for small- to medium-sized businesses. Financing solutions include asset-based lending, accounts receivable financing, lines of credit and factoring. Crestmark finances most business-to-business companies, and has extensive experience in helping many industries including transportation, manufacturing, staffing, government contractors, apparel and furniture manufacturing. Headquartered in Michigan, with offices in Florida, Louisiana, Tennessee, New York, Alabama, California, Illinois, Ohio, Missouri, North Carolina, and Texas.