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Edward P. Riendeau, CPA, joins White River Bancshares Co. as Chief Financial Officer

FAYETTEVILLE, Ark., June 18, 2020 (GLOBE NEWSWIRE) — White River Bancshares Company (OTCQX: WRIV), (the “Company”) the holding company for Signature Bank of Arkansas (the “Bank”), today announced the hiring of Edward (“Ed”) P. Riendeau as its new Chief Financial Officer, succeeding Russell W. Nugent, Jr., who recently announced his retirement.  
“We are delighted to have Ed join our executive management team as Chief Financial Officer and Executive Vice President,” said Gary Head, President and Chief Executive Officer.  “Ed brings over 20 years of demonstrated leadership and comprehensive accounting and audit experience.  As a member of the Bank’s executive team, Ed will be responsible for overseeing all of the finance and accounting activities for the organization while providing and supporting strong strategic leadership.  He is a CPA with a diverse industry knowledge and is respected for his integrity and strong work ethic.”Edward P. Riendeau is a 1996 graduate of the University of North Florida in Jacksonville with a BBA in Accounting.  He is an active Certified Public Accountant in the State of Florida and holds a Master of Business Administration from the University of Florida (2010). Riendeau’s background is diverse, including small private and large public companies in various industries which includes public accounting, retail, distribution and marketing. Since moving to Northwest Arkansas in 2008, he worked for Walmart in both finance and internal audit functions.  Riendeau later became the Senior Vice President of Infrastructure and the Finance leader at Collective Bias, where he contributed to continuous growth and eventual sale.“On behalf of the Board of Directors, we would also like to take this opportunity to thank Russell for his 13 years of dedicated and loyal service,” commented Head.  “Russell has been a valued member of our executive management team and has provided our company with tremendous knowledge and strategic financial expertise.  We wish him the very best in his well-deserved retirement.” About White River Bancshares Company

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