Feb 3, 2021

Exchange Bank Announces Shari DeMaris as Executive Vice President and Chief Financial Officer

Santa Rosa, CA –On February 3, 2021, Exchange Bank announced Shari DeMaris as executive vice president and chief financial officer. Ms. DeMaris joined Exchange Bank in October 2020, working with Greg Jahn, Exchange Bank’s EVP/CFO of 18 years, in anticipation of his retirement on January 15, 2021.

“Shari brings to this position an impressive set of executive management and financial skills,” said Troy Sanderson, president and chief executive officer. “Her abilities make her an excellent fit to round out our leadership team.”

An Iowa native, Shari brings over 23 years of technical accounting and financial leadership experience within financial institutions to her role as Exchange Bank’s EVP and chief financial officer. The foundation of her career was built in public accounting, first with Arthur Andersen and then McGladrey (now RSM). For the last 15 years, Shari has been with Hills Bank and Trust headquartered in Hills, Iowa. As their chief financial officer, she helped to grow the bank to its current $3.3 billion and led a 12-person finance and accounting team.

Shari is a licensed CPA with bachelor’s degrees in both Accounting and Spanish from DePaul University and the University of Iowa, respectively. Active in her community, Shari has served as chair and board member for both the Iowa City Area Development Group and the Chamber of Commerce, has been board chair for the Domestic Violence Intervention Program and was a mentor for the Youth Leadership Program.