The Board of Directors of TCF Financial Corporation (“TCF”) (NYSE:TCB) today announced that Julie H. Sullivan will stand for election to the TCF Board of Directors at the 2016 Annual Meeting of Stockholders on April 27, 2016. If elected, Dr. Sullivan will be appointed to serve on the board’s Audit, Finance and Risk Committees. Her nomination and summary of qualifications are provided in the company’s Proxy Statement, which is being filed today with the U.S. Securities and Exchange Commission and is available at ir.tcfbank.com.
Dr. Sullivan is president of the University of St. Thomas, located in Minnesota. Prior to her appointment at the University of St. Thomas in 2013, she served as executive vice president and provost of the University of San Diego. She also serves as a director of SI Group, a privately owned global chemical company and is a member of its Audit, Compensation and Pension Committees. Dr. Sullivan has also served on the boards of PICO Holdings Inc., Applied Micro Circuits Corp. and United PanAm Financial Corporation. She is a non-practicing certified public accountant and a member of the National Association of Corporate Directors.
“We are pleased to nominate Julie Sullivan to serve on TCF’s Board of Directors,” said Craig R. Dahl, vice chairman, president and chief executive officer. “Her deep experience in academia, combined with her extensive finance background and service on other corporate boards, will further diversify our board and provide a valuable perspective that will help us execute our long-term strategy. We believe her insights and expertise in both finance and administration will benefit our shareholders, the board and our management team. We encourage our shareholders to support Julie’s election.”
About TCF
TCF is a Wayzata, Minnesota-based national bank
holding company. As of December 31, 2015, TCF had $20.7 billion in total
assets and 375 branches in Illinois, Minnesota, Michigan, Colorado,
Wisconsin, Arizona, South Dakota and Indiana, providing retail and
commercial banking services. TCF, through its subsidiaries, also
conducts commercial leasing, equipment finance, and auto finance
business in all 50 states and commercial inventory finance business in
all 50 states and Canada. For more information about TCF, please visit ir.tcfbank.com/.
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Contacts:
Media:
Mark Goldman,
952-475-7050
news@tcfbank.com
or
Investors:
Jason
Korstange, 952-745-2755
investor@tcfbank.com