Thomas E. Spitz
Founder & CEO, Settlers bank
Office Phone: 608.842.5011
As an experienced bank CEO with over 30 years in the industry Mr. Spitz has an extensive range of experience that spans from community banking to corporate commercial lending. He has worked for some of the nation’s largest commercial banks including what is now U.S. Bank and what is now Chase. He was also the president of a de novo effort aimed at the delivery of banking services to low‐income consumers nationwide. In addition to his banking industry experience Mr. Spitz has served as President and Chief Financial Officer of an information technology firm and a television production company. These experiences have afforded Mr. Spitz an in‐depth understanding of computer and related systems technology and extensive experience in the entrepreneurial formation and successful operation of start‐up companies.
He is active within his community and within the banking industry. In his community, he serves or has served on the boards of THRIVE (Regional Economic Development entity), the DeForest Area Community Foundation, the DeForest Area Chamber of Commerce, and the DeForest Area Rotary Club and is a member of the DeForest Area Economic Development Committee. In 2007, Mr. Spitz was named Citizen of the Year by the DeForest Area Chamber of Commerce. Within the banking industry, Mr. Spitz is a past director of the Community Bankers of Wisconsin and served on its Executive Committee. He also serves on the Department of Financial Institution’s Banking Review Board as a gubernatorial appointee.
Mr. Spitz graduated from the University of Wisconsin ‐ Milwaukee with his B.S. in Business Administration and with an M.B.A. from Marquette University.
David M. Fink
Founder & President, Settlers bank
Office Phone: 608.842.5012
Mr. Fink is an experienced bank Executive with over 30 years of industry experience. He most recently worked as President of the Madison West District of M&I Marshall & Ilsley Bank. Mr. Fink has an extensive commercial, agricultural and private banking lending experience as well corporate commercial lending and community banking. He has worked for some of the nation’s largest commercial banks including M&I Marshall & Ilsley Bank and what is now Chase Bank. Mr. Fink has a solid understanding of best practices related to effective management of community banks and a focused approach to building shareholder value. His broad background in banking includes branch operations, management, data processing and automated services sales and commercial credit underwriting and analysis.
In addition to his banking industry experience, Mr. Fink was also part of a small group of investors that successfully started a title insurance company. Mr. Fink is also an inventor and holds a patent on a product innovation within the automotive sector.
Mr. Fink is a former board member of the University of Wisconsin ‐ La Crosse Alumni Association. He is a charter member and two time president of the Middleton Area Sunrise Rotary Club. He is an active member of the Mad City Ski Team, serving as a driver. He is also active in several other organizations in the Middleton area.
Mr. Fink graduated from the University of Wisconsin – La Crosse with a B.S. in Finance and holds an M.B.A. from Edgewood College.
President, Heartland Properties
John Stoneman is President of Heartland Properties, Inc., which is dedicated to providing quality, affordable multi-family housing throughout Wisconsin and the upper Midwest. Heartland’s properties are a mix of family and older adult, new construction and historic rehabilitation properties, and primarily serve residents earning no more than sixty percent of the median income for their area. Heartland is keenly focused on the quality of its properties and on the quality of life for the residents of its properties, and has won numerous awards for quality and innovation.
Mr. Stoneman is a Founding Director of SB Bancorp, Inc. and Settlers bank. He is a long-time member of the Board of Directors and the Executive Committee of EAGLE School of Madison, Inc., a private-non-profit school serving the needs of gifted and talented children in the Madison area, and is very interested in education and education policy. He is also a Trustee of the Bethel Lutheran Church Endowment Foundation, a member of its Investment Committee, and past president of the Bethel Lutheran Church congregation. Mr. Stoneman was raised on a dairy farm in the Madison area, and continues to maintain an active interest in agriculture.
Mr. Stoneman received his undergraduate degree in mathematics and computer science from Luther College in Decorah, Iowa, after which he worked for IBM in various capacities, including as a systems performance analyst and as a marketing representative. He left IBM to return to graduate school, and received his M.B.A. and J.D. degrees from the University of Wisconsin-Madison. Prior to joining Heartland, Mr. Stoneman practiced law at the firm of DeWitt Ross & Stevens in Madison, where he specialized in real estate and structured financial transactions.
President & CEO, Next Generation Clinical Research
Laura L. Douglass has over 25 years of management experience of increasing responsibility in the biopharmaceutical industry across multiple disciplines including research & development and operations. In 1999, Ms. Douglass founded and currently serves as President & CEO of Next Generation Clinical Research, an international contract research organization (CRO) providing clinical trial management services for products in development including pharmaceuticals, biologics, medical devices and diagnostics.
Ms. Douglass served as an Organizer, and is a Founding Director of Sb Bancorp, Inc. and Settlers bank. Her career includes positions as Director of Clinical Affairs at Bone Care International (now Genzyme) and Director of Clinical Research Operations at Hazleton Laboratories (now Covance). She has served as board member and advisor for a variety of organizations including biopharma companies, Land’s End Business Outfitters, and the Oregon School District. In 2008 and 2010, she was honored as a biotech entrepreneur by the national organization, Women in Bio, and in 2008 received the Rising Star Award by the Wisconsin Biotech and Medical Device Association. Her company, Next Generation Clinical Research, was the recipient of the 2009 Dane County Small Business Award.
Ms. Douglass holds a nursing degree from the University of New York with additional training in pharmacology and business from the University of Wisconsin. She also obtained certification in adult education from University of Wisconsin-Milwaukee and is a licensed education provider of the California Board of Registered Nursing.
CEO, Sara Investment Real Estate, LLC
In 1978, Eric Schwartz opened his first Upstairs Downstairs Deli on State Street in Madison, Wisconsin. A number of other successful ventures in the restaurant industry soon followed and led Mr. Schwartz into his first commercial real estate purchase, a restaurant he bought in 1988. A true entrepreneur, Mr. Schwartz discovered the challenges and rewards of real estate ownership and management as he forged a new path for himself in the competitive and evolving real estate market.
In 1997, Mr. Schwartz had a vision of a property company that would provide a premium, responsive service to his expanding portfolio. Initially formed as Sara Properties, LLC, the company's continual growth and expanded service base gave way to Sara Investment Real Estate, LLC in 2002.
Mr. Schwartz brings an innovative and dedicated approach to maintaining a diverse portfolio of commercial real estate properties. It is this innovation and a dedication to integrity that has taken Sara Investment Real Estate successfully into the realm of real estate investment and development. His skill in creating opportunities has led to the completion of new retail, commercial and industrial centers in Madison and surrounding communities. Guided by his
entrepreneurial spirit, Eric Schwartz has comfortably positioned Sara
Investment Real Estate with a select list of contractors, architects and
real estate professionals to establish an innovative team that provides the best real estate solutions for each client's specific needs.
Marilyn Holt-Smith, CFA, has 34 years experience in the investment industry. In addition to working one-on-one with clients to help them achieve their investment objectives, Marilyn serves as a member of the portfolio team and is responsible for conducting fundamental research and stock selection.
Marilyn founded and is the former CEO of Holt-Smith Advisors, Inc., a Wisconsin-based registered investment advisor acquired by Banyan Partners in 2013. Boston Private Wealth acquired Banyan Partners in 2014. Marilyn began her career with Madison Investment Advisors in 1979 as a Vice President and Portfolio Manager. She founded Holt-Smith in 1987, leading the firm’s investment team as Senior Portfolio Manager.
Marilyn earned a bachelor’s degree and MBA from the University of Wisconsin-Milwaukee. She became a Chartered Financial Analyst (CFA) charter holder in 1985. She is a founding member of the Madison Chapter of the Milwaukee Investment Analysts Society (MCMIAS), which is now known as the CFA Society of Madison and is affiliated with the CFA Institute. Marilyn is also an active volunteer in many state and local community organizations.
Founder & CEO, Weaver Auto Parts
Mark Weaver has served as CEO of Weaver Auto Parts since co-founding the company in 1972. Over the past 40 years Mr. Weaver has grown the company to include 17 locations with three machine shops and, in 1992, opened an 18,000 square foot distribution center in Sauk City, Wisconsin to house product distribution, operations and IT. This distribution center has since expanded to 53,000 square feet. Weaver Auto Parts currently provides employment opportunities for 145 people.
Mr. Weaver served on the board of directors of the Wisconsin Auto Parts Association for ten years, and is a past president. In addition to his auto industry experience, Mr. Weaver has also developed multiple retail properties throughout Southern Wisconsin. He is a graduate of Antigo High School, and served in the United States Coast Guard for four years.