{"id":29274,"date":"2024-02-19T14:45:33","date_gmt":"2024-02-19T20:45:33","guid":{"rendered":"https:\/\/bankbeat.biz\/?p=29274"},"modified":"2024-02-19T14:45:33","modified_gmt":"2024-02-19T20:45:33","slug":"bankfinancial-corp-reaches-agreement-with-investor","status":"publish","type":"post","link":"https:\/\/bankbeat.biz\/bankfinancial-corp-reaches-agreement-with-investor\/","title":{"rendered":"BankFinancial Corp. reaches agreement with investor"},"content":{"rendered":"
Burr Ridge, Ill.-based <\/span>BankFinancial Corp.<\/span><\/a> reached a standstill agreement with investment firm Strategic Value Bank Partners, LLC, and Strategic Value Investors LP.\u00a0<\/span><\/p>\n As part of the agreement, Strategic Value Bank Partners Co-Founder and Managing Partner Benjamin Mackovak was named a director. Mackovak has experience as a board member of other community banks and thrifts. He\u2019s held senior leadership positions and has experience with several investment advisory and analysis firms.<\/span><\/p>\n Aaron O\u2019Connor also joined the board of the $1.5 billion company. A partner with Bridge CPA LLC, O\u2019Connor was formerly a partner at Elgin, Ill.-based public accounting firm PKF Mueller and a financial services partner with Chicago-based public accounting firm Crowe LLP. O\u2019Connor has served on the board of directors of BankFinancial NA since January 2023.<\/span><\/p>\n BankFinancial Chair and CEO Morgan Gasior said the addition of O\u2019Connor and Mackovak \u201ccontributes additional financial services expertise and experience, and in the case of Mackovak, continues our practice of institutional investor\/shareholder representation on the board.\u201d\u00a0\u00a0\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Burr Ridge, Ill.-based BankFinancial Corp. reached a standstill agreement with investment firm Strategic Value Bank Partners, LLC, and Strategic Value Investors LP.\u00a0 As part of the agreement, Strategic Value Bank Partners Co-Founder and Managing Partner Benjamin Mackovak was named a director. Mackovak has experience as a board member of other community banks and thrifts. He\u2019s … Read more<\/a><\/p>\n","protected":false},"author":409,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"generate_page_header":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[144],"tags":[380],"yoast_head":"\n