DUBUQUE, Iowa--(BUSINESS WIRE)--Heartland Financial USA, Inc. (NASDAQ: HTLF) has announced the appointment of Dan Patten to the position of Executive Vice President – Finance and Corporate Strategy. Patten will be responsible for developing external growth initiatives for Heartland including corporate acquisitions and mergers along with identification of new markets for revenue enhancement and diversification. He will assume the position currently held by David Horstmann, who has announced his retirement from Heartland effective February 29, 2016.
Patten joins Heartland from CIC Bancshares, Inc., former parent of Centennial Bank in Denver, Colorado, recently acquired by Heartland in a transaction completed on February 5, 2016. While at CIC Bancshares and Centennial Bank, Patten was Executive Vice President and Chief Financial Offer. He served as Chairman of the bank’s Asset/Liability Committee, its Treasurer and served on the CRA Committee. As CFO, he also worked closely with the company’s Audit Committee. In the last four years he played a lead roll in three bank mergers and acquisitions and participated in raising more than $50 million in capital over the same time period, which included common stock, preferred stock, senior debt and subordinated debt.
Previous to joining CIC/Centennial, Patten served as CFO of Millennium Bancorp, Inc. His prior experience also includes Director of Corporate Finance and a Senior Finance Manager for Vail Resorts where he managed the company’s financial, planning and analysis, and treasury functions. Prior to Vail Resorts, he held various financial management positions in telecommunications and technology companies, Qwest Communications and Verio, a wholly owned subsidiary of NTT Communications.
Patten received an MBA with an emphasis in finance and entrepreneurship from the University of Colorado at Boulder, where he graduated with honors. He also received a B.S. degree in engineering from the University of Colorado at Boulder. In the community, Patten currently serves on the non-profit board of Walking Mountains Science Center in Avon, Colorado.
About Heartland Financial USA, Inc.
Heartland Financial USA, Inc. is a diversified financial services company with assets exceeding $8 billion. The company provides banking, mortgage, private client, investment, insurance and consumer finance services to individuals and businesses. Heartland currently has 108 banking locations serving 85 communities in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas and California, with mortgage loan production offices in California, Nevada and Idaho. Additional information about Heartland Financial USA, Inc. is available at www.htlf.com.