Brooke Corporation Announces Management Changes
12 Marzo 2008 - 6:00AM
PR Newswire (US)
OVERLAND PARK, Kan., March 12 /PRNewswire-FirstCall/ -- Robert D.
Orr, Chairman and founder of Brooke Corporation (NASDAQ:BXXX)
announced the appointment of Leland Orr as President and CEO of
Brooke Corporation as of March 11, 2008 to replace Keith Bouchey,
who will resign as President and CEO of Brooke Corporation to
pursue opportunities in the community banking market. Leland Orr
has been a director, CFO, Treasurer and Assistant Secretary of
Brooke Corporation and has been a director and officer of the
company since its inception in 1986. He will resign his positions
as CFO, Treasurer and Assistant Secretary of the company to assume
the role of President and CEO and will remain a director of the
company. Leland Orr will continue to serve as CFO of Brooke Capital
Corporation (AMEX:BCP), a majority-owned subsidiary of Brooke
Corporation. Prior to serving as CFO, Leland Orr served as
President of Brooke State Bank, Jewell, Kansas, and as an
accountant with Kennedy McKee and Company, LLP (formerly Fox &
Company) in Dodge City, Kansas. He is a Certified Public Accountant
and a member of each of the American Institute of Certified Public
Accountants and the Kansas Society of Certified Public Accountants.
Leland Orr received a Bachelor of Science Degree in Accounting from
Fort Hays State University in Hays, Kansas. "Leland and I have
worked diligently to build this organization, and I look forward to
leveraging his knowledge, skills and leadership capabilities in his
new role," commented Rob Orr. "Keith has been an asset to Brooke
and its affiliates for years, and I want to personally thank Keith
for his numerous contributions to our organization and wish him
much success in his future endeavors." Brooke Corporation also
announced the appointment of Travis Vrbas as CFO, Treasurer and
Assistant Secretary and the appointment of Carl Baranowski as
Senior Vice President and General Counsel. Mr. Vrbas, director of
internal audit at Brooke Corporation since January 2004, will take
his new role as CFO, Treasurer and Assistant Secretary from Leland
Orr. Mr. Vrbas has been with Brooke Corporation since March 2003.
Since joining the company, Mr. Vrbas was responsible for the
Sarbanes-Oxley compliance of the company and its subsidiaries. Mr.
Vrbas has worked closely with the company's external auditors
during quarterly reviews, SOX testing and year-end audits. Since
January 2004, Mr. Vrbas has also served as a liaison to the CFO
with respect to the Company's SEC filings and other accounting
matters. Mr. Vrbas received a Bachelor of Science Degree in
Accounting from Kansas State University and is a Phi Kappa Phi. Mr.
Baranowski has been Senior Counsel and Corporate Secretary of the
company since September 2007 and will remain Corporate Secretary.
Previously, he served as counsel for Jabil Circuit, Inc. a leading
electronics manufacturing and design services provider with 75,000
employees and facilities in 20 countries. Mr. Baranowski has also
served as general counsel of Honeywell Advanced Circuits, Inc. and
as senior counsel of Gateway, Inc. with responsibility for
corporate/securities, finance and international operations. Mr.
Baranowski has two Bachelor of Science degrees and a Master of
Science degree from the Massachusetts Institute of Technology. Mr.
Baranowski also has a law degree and an MBA degree from Stanford
University. Mr. Baranowski is co-author of "Representing High-Tech
Companies", is a Phi Beta Kappa and was an editor of the Stanford
Journal of International Law. Concerning these appointments, Rob
Orr stated, "Travis has been a key part of our finance team for
some time. His skill and energy are well-suited to being CFO in our
dynamic and fast-paced environment. Carl's experience, education
and intellect significantly strengthen our management team. I look
forward to Carl assisting me with strategic planning, investment
analysis and my other responsibilities." About Brooke Corporation
... Brooke Corporation is listed on the NASDAQ Global Market under
the symbol "BXXX". Brooke Corporation owns 100% of Brooke Savings
Bank, a banker agent thrift institution, 82% of Brooke Capital
Corporation (AMEX:BCP), an insurance company and insurance agency,
and 62% of Aleritas Capital Corp. (a d/b/a of Brooke Credit
Corporation; OTCBB: BRCR), a finance company specializing in
insurance lending. About Brooke Capital Corporation ... Brooke
Capital Corporation is an affiliate of Brooke Corporation that
operates a life insurance company and has agreed to acquire an auto
insurance company. As the result of a recent merger with Brooke
Franchise Corporation, the company's insurance company business is
supported by a network of independent insurance agency franchises.
For more information, visit http://www.brookeagent.com/. E-mail
Distribution ... To receive electronic press alerts, visit the
Brooke Corporation Media Room at http://brookecorp.mediaroom.com/
and subscribe to our e-mail alerts online through the Get the News
link. DATASOURCE: Brooke Corporation CONTACT: Linda Rothemund,
+1-415-445-3236, , or Karen Haus, +1-415-445-3238, , both of Market
Street Partners for Brooke Corporation Web site:
http://www.brookecorp.com/ http://www.brookeagent.com/
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