Bank of Florida Shuffles Executive Officer Duties, Receives NASDAQ Non-Compliance Notice

According to an article published yesterday at RTT News, Bank of Florida has realigned the duties of some of its executive officers after receiving a non-compliance notice from NASDAQ.

Among the changes:

• John Chaperon, formerly the Director of Corporate Risk Management, has been named Chief Credit Policy Officer.
• The new Director of Corporate Risk Management will be the company’s Internal Auditor and Corporate Compliance Officer (who is not named).

Read the article to see the complete rundown of executive officer duty changes at Bank of Florida.

The bank was also recently given an advisory letter from NASDAQ alerting the company to the fact that they were not in compliance with Bid Price Rules.