MEDFORD, Ore.--(BUSINESS WIRE)--Bill Jacobs, chairman of the board for People’s Bank of Commerce (OTCBB:PBCO), is pleased to announce the appointment of William St. Laurent to its board of directors.
St. Laurent is founder and chairman of the board of True Bearing Diagnostics in Washington, D.C. and SeqLL, Inc., based in Woburn, Massachusetts. He is also the founder of St. Laurent Land & Cattle Co., Inc., based in Eagle Point, Oregon.
With George Washington University, True Bearing Diagnostics developed CathDX, a pathway-based liquid angiogram/stress test for cardiac care diagnosis. It is the first comprehensive cardiac care panel using a precision personalized medicine approach and is in the process of a confirmatory trial to present to the FDA.
SeqLL designs, manufactures and operates molecular sequencers for DNA and RNA applications for precision personalized medicine. Since purchasing the intellectual property and assets of Helicos in 2013, St. Laurent and his team have refined, upgraded and perfected this technology that uses no amplification in the sequencing process yielding precise and repeatable results for biotech and healthcare applications.
St. Laurent Land & Cattle Co. raises beef with no hormones or antibiotics. It also has 125 acres of vineyards in development.
In addition, St. Laurent is chief executive officer of St. Laurent Properties, LLC in Orlando, Florida, and Vancouver, Washington; president of Consolidated Forest Products, Inc., in Perry, Florida, and American Mulch & Groundcover, LLC in Central Florida. He is vice-president and board member for St. Laurent Institute in Vancouver, Washington.
St. Laurent’s connection to Oregon banking dates back to 1989, when he served as vice chairman for Western Bank until the bank sold in 1996. His father, Georges St. Laurent, Jr., was the Chairman and CEO of Western Bank.
“We are honored to add Will’s vast business experience to our board of directors,” says Chairman of the Board Bill Jacobs. “Additionally, his insight and knowledge of banking is a valuable asset.”
St. Laurent prides himself on community and charitable work. He is currently Treasurer for the Florida Lacrosse Association and Braveheart Lacrosse Club, as well as a board member for the St. Laurent Family Foundation.
St. Laurent earned his Bachelor of Science degree from Cornell University in 1986.
People’s Bank of Commerce is a locally-owned and managed community bank founded in 1998 with locations in Medford, Central Point, Ashland and Grants Pass, Oregon. For more information about People’s Bank of Commerce, contact Ken Trautman at 541.774.7654 or visit www.peoplesbankofcommerce.com.