First Midwest appoints two new directors

Globe Newswire
Updated 2/28/2017 10:18 AM

ITASCA -- First Midwest Bancorp, the parent company of First Midwest Bank, announced the appointments of Thomas L. Brown and Stephen C. Van Arsdell to its board of directors.

Brown is vice president and chief financial officer of RLI Corp. a specialty insurer serving diverse niche property, casualty and surety markets. He is a former partner of PricewaterhouseCoopers, where he served for 10 years as its Midwest regional financial services director and led teams responsible for banking, insurance, capital markets and investment management business sectors.


Brown currently serves on the boards of directors of Prime Holdings Insurance Services, the Chicago Shakespeare Theatre and Easter Seals Central Illinois. He also serves on the board of trustees of Illinois Wesleyan University. Brown holds a bachelor of science degree in accounting from Illinois Wesleyan University.

Van Arsdell is a former senior partner of Deloitte & Touche LLP, where he served as chairman, CEO and chief quality officer for several years. He previously served as Deloitte's partner-in-charge of its financial services practice in the Midwest. Van Arsdell currently serves on the board of trustees of the Morton Arboretum and previously chaired the board of trustees of the Conservation Foundation. He is a past member of the boards of the Illinois Cancer Council, Kidney Foundation of Illinois and Literacy Volunteers of America-Illinois. Van Arsdell holds a bachelor of science degree in accounting and a masters of accounting science degree from the University of Illinois, where he is a member of the Dean's advisory council for the College of Business and vice chairman of the board of directors of the University of Illinois Alumni Association.

"Both are highly-accomplished financial and risk professionals who have spent most of their careers working with financial services companies. They will add significant experience and depth to our already-strong board, and we look forward to their insight and counsel," said Michael L. Scudder, president and CEO of First Midwest.

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