First Business Financial Services CFO James Ropella To Retire In Late 2014

(RTTNews) - First Business Financial Services Inc. (FBIZ) said that James Ropella, Senior Vice President and Chief Financial Officer of the company, plans to retire from his position during the fourth quarter of 2014.

In order to ensure a smooth transition, Ropella will remain in his position at First Business as the company conducts a thorough search for his replacement. The company anticipates establishing a longer-term consulting arrangement with Ropella following his retirement.

Ropella joined First Business in 2000 as CFO. Five years later, he led the process of taking the company public, and under his financial leadership, First Business executed a follow-on offering in December 2012, raising more than $29 million of capital to support the company's ongoing growth and expansion strategies.