There’s been a few management moves at LEVEL5, a consulting and facilities development firm specializing in financial institutions.Current President/CEO J.F. Kassler will move to the position of chairman of the board and Chief Operating Officer Brad Eller has been named the new president/CEO. In addition, Mike Colvin, senior vice president, has been named executive vice president to reflect his expanded responsibilities.As chairman, Kassler will focus on growth and strategic initiatives for the company. Eller will be responsible for ongoing operations and corporate planning. Colvin’s expanded role includes working closely with the CEO on day-to-day operations as well as formalizing account strategies for asset clients.John Hyche, senior vice president, principal and founding partner of LEVEL5, will continue to lead strategic consulting initiatives for its clients, and in view of current financial issues in the financial markets, will focus on expanded consulting assignments.“LEVEL5′s mission to assist financial institutions in their growth through strategic expansion is more important in today’s economy than ever before,” said Eller. “Financial institutions realize the need to create an environment where customers are drawn to conduct their business, and we can ensure that happens. Financial institutions that can build and maintain a strong market share in today’s economy will be the industry leaders of tomorrow.”With more than 35 years of experience in financial facilities development, Kassler will continue to play an active role in guiding LEVEL5′s further expansion in the financial sector. Prior to founding LEVEL5, Kassler co-founded KDA Inc. in 1982. In addition to LEVEL5′s recent ranking as the 51st fastest growing private company on Inc. magazine’s 2008 Inc. 500 list, Kassler was featured in the magazine as one of five CEO’s profiled in a special report about the outside interests of Inc. 500 entrepreneurs.In his role as executive vice president, Colvin will apply his 35 years of consulting, site-selection and design-build experience with three international firms to assist Eller in managing and growing the company while consulting with LEVEL5′s clients on their financial facility needs. He will focus much of his efforts on directing the company’s overall business acquisition process while personally attending to asset clients.
NewGround Gets Adrenaline Boost