Redwood City, CA (PRWEB) January 09, 2014
Equilar, the leader in executive compensation benchmarking and governance research, announced the appointment of Katherine August-deWilde, President, Chief Operating Officer, and board member of First Republic Bank, to the Equilar Board of Directors. She brings to Equilar more than 25 years of senior executive leadership as well as significant M&A and IPO expertise.
“Katherine brings a wealth of experience to our board,” said David Chun, Equilar CEO and Founder. “She is a leader focused on building a culture of exceptional client service and driving brand quality and recognition. Her entrepreneurial insight gained from building a large successful banking institution from a startup financial organization will be valuable to our company. She will be a great addition to our board.”
August-deWilde, who joined First Republic Bank at its inception in 1985, has served as its President and Chief Operating Officer since 2007. First Republic is a commercial bank specializing in relationship-based banking, lending, trust, and investment advisory services. In 2007, the bank was sold at 3.7X book value, returning to shareholders a 23 percent IRR over more than two decades. In 2010, August-deWilde, with the CEO, co-led the management buyback from Bank of America at approximately 1X book value and took the company public within six months. Before joining the bank, she was Senior Vice President and Chief Financial Officer at PMI Group.
August-deWilde is a member of the Board of Directors of TriNet, a cloud-based provider of human resources services. She is also a trustee of the Boys & Girls Club of San Francisco, a member of the Advisory Council of the Stanford Center on Longevity, and a member of the Stanford University Graduate School of Business Advisory Council. She earned an MBA in 1975 from Stanford University and a Bachelor of Arts degree in 1969 from Goucher College.
“I am honored to join the Equilar board and to have the opportunity to work with such an exceptional team,” said August-deWilde. “Equilar is providing innovative products and services that are revolutionizing the corporate governance landscape, empowering corporations and investors to make better business decisions. I look forward to contributing to the strategic direction and growth of this entrepreneurial market leader.”
About Equilar (http://www.equilar.com)
Headquartered in Redwood City, Calif., Equilar is the leading provider of executive compensation data and governance tools for corporations, nonprofits, consulting firms, institutional investors and the media. As the trusted data provider to 70 percent of the Fortune 500, Equilar helps companies accurately benchmark and track executive and board compensation, Say on Pay results and compensation practices. In addition, Equilar offers the industry’s leading business networking solution for identifying pathways to executives and board members at companies of interest. Equilar’s research is cited regularly by Bloomberg, The New York Times, The Wall Street Journal and other leading media outlets.
For more information on Equilar, please contact Belen Gomez, Content Marketing Manager, at (650) 241-6630 or by email at bgomez(at)equilar(dot)com.