CFO of VeraBank was nominated for the award
Todd Engemoen, executive vice president and chief financial officer of VeraBank, was nominated as one of this year’s Austin Business Journal’s Best CFOs.
Engemoen joined VeraBank in 2014, bringing a decade of experience in the financial services industry. An Austin native, he recently relocated to Austin to help expand the bank’s initiatives in Austin and has been instrumental in developing and executing VeraBank’s growth from an East Texas bank to serving a third of the state.
“Todd exemplifies the type of talent needed to run a successful business of any kind in this highly competitive and ever-changing market,” said Brad Tidwell, president and CEO of VeraBank. “His proven business acumen and contributions to the Austin community and to the bank make Todd a well-qualified candidate for this prestigious award.”
Engemoen holds the Chartered Financial Analyst accreditation and is a member of the CFA Institute. He graduated with a bachelor’s degree in economics with highest honors and an MBA with a concentration in finance, both from the University of Texas at Austin.
Tidwell adds, “Todd has been a critical contributor to the evolution of our bank over the previous 10 years – from a less than $1 billion community bank located solely in East Texas to a $3.9 billion bank with 40 branches. We are proud of the outstanding work he has done and fortunate to have him on our team.”
EnPro Industries reports dividend
EnPro Industries, which includes Stemco in Longview, declared a regular quarterly dividend of 28 cents per share. The dividend is payable on September 14 to shareholders of record as of the close of business on August 31.
Stemco manufactures wheel ends for the heavy truck industry
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