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Mercantile Bancorp, Inc.: Mercantile Bancorp Inc. Names Sheri Boyle as Senior Vice President, Director of Human Resources

^{Published on 2009-04-09 09:22:28, Last Modified on 2009-04-09 09:23:19 - Market Wire}
 

QUINCY, IL--(Marketwire - April 9, 2009) - Mercantile Bancorp, Inc. (NYSE Amex: MBR) today announced that Sheri Boyle has been named Senior Vice President, Director of Human Resources for the company effective April 13.

In her new position, she will be responsible for all aspects of the company's human resource functions including employment, compensation, benefits administration, payroll and training. Ms. Boyle will develop, recommend and administer policies and procedures, and advise executive management about legislative and industry trends affecting human resources programs. She will report directly to president and CEO, Ted T. Awerkamp.

"Sheri will be a welcome addition to the Mercantile team," said Awerkamp. "In today's highly competitive landscape, Sheri's extensive human resource background and proven experience will ensure that we continue to attract and retain quality individuals at every level of the company."

Boyle has over 12 years of experience in the human resource field, most recently serving as Global Compensation Manager for Gardner Denver, Inc. in Quincy. Boyle's prior experience also includes administrative human resource and compensation analysis positions in the St. Louis area with Bunge North America, Emerson, and Campaign Tel, Limited and Affiliated.

Boyle earned her B.A. in Media Communications from Truman State University, and an M.A. in Human Resource Management from Webster University. She is a World at Work Certified Compensation Professional (CPP) and member of the Society of Human Resource Management. Boyle is also active in the community and serves as a Boy Scouts of America den leader and committee member.

About Mercantile Bancorp

Mercantile Bancorp, Inc. is a Quincy, Illinois-based bank holding company with majority-owned subsidiaries consisting of three banks in Illinois, and one bank in each of, Missouri, Kansas and Florida, where the company conducts full-service commercial and consumer banking business, engages in mortgage banking, trust services and asset management, and provides other financial services and products. The company also operates a full-service branch in Indiana. In addition, the company has minority interests in eight community banks in Missouri, Georgia, Florida, Colorado, California and Tennessee. Further information is available on the company's website at [ www.mercbanx.com ].

Forward-Looking Statements

This release contains information and "forward-looking statements" that relate to matters that are not historical facts and which are usually preceded by the words "may," "will," "should," "could," "would," "plan," "potential," "estimate," "project," "believe," "intend," "anticipate," "expect," "target" and similar expressions. These forward-looking statements are subject to significant risks, assumptions and uncertainties. Because of these and other uncertainties, our actual results may be materially different from those described in these forward-looking statements. The forward-looking statements in this release speak only as of the date of the release, and we do not assume any obligation to update the forward-looking statements or to update the reasons why actual results could differ from those contained in the forward-looking statements.