Shelaghmichael Brown has more than 30 years experience in financial services. She currently serves as Executive Vice President, consumer finance with Compass Bank. She reports directly to Compass CEO. In this capacity, she is responsible for managing, developing and implementing strategies designed to grow and increase the profitability and efficiency of the companys retail banking operations which includes its more than 580 branch distribution system, alternative delivery channels such as personal computer and telephone banking, traditional consumer and small business credit and deposit products, mutual funds, brokerage services, marketing and all of the operations of Compass former Consumer Finance business unit. For the full-year of 2007, the Retail Banking Division (including the former Consumer Finance division) contributed total revenues of approximately $1.1 billion.Prior to this position, Ms. Brown served as an EVP of Compass Consumer Finance business unit and was a member of the companys Executive Management Committee and the Compass Bank Board of Directors. In this capacity, she was responsible for managing, developing and implementing strategies designed to grow and increase the profitability and efficiency of the companys credit card business, debit card services, merchant services and the mortgage business throughout Compass six-state footprint. In addition, she also was responsible for the companys extensive dealer financial services business that stretches across the southeastern and southwestern United States. For the full-year of 2007, Consumer Finance contributed total revenues of approximately $300 million.Prior to joining Compass Bank, Ms. Brown served as president and CEO at differnet organizations, including JPMorgan Chase and Chase Bank of Texas. She serves on the board of many organizations, including CanCare, Chapelwood United Methodist Church, Graduate of the American Leadership Forum, YWCA, and Consumer Credit Counseling Service. Ms. Brown has a Masters of Business Administration from University of Chicago.
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