Bernard G. Westfall
Centra's Board of Directors has determined that Bernard G. Westfall
and Paul T. Swanson meet the requirements of an audit committee financial expert as defined by the Securities and Exchange Commission
The Board of Directors believes that Mr. Westfall
and Mr. Swanson have the following five attributes that qualify them as an audit committee financial expert.
acquired these attributes through his
Bachelor of Science and Master's degrees at West Virginia University, in Chemistry and Business Administration respectively, and his experiences as President and Chief Executive Officer of West Virginia United Health System
.Mr. Westfall served ten years as Chief Financial Officer and Chief Operating Officer of West Virginia University Hospital.Mr. Westfall has served on the Boards of Directors of various entities, including a financial institution, during his career.Mr. Westfall
is independent of Centra
All of Centra's
directors attended 75% or more of all Board and committee meetings during 2005 for both entities except for Bernard G. Westfall
who attended less than 75% of such meetings. Board Committees Audit Committee
.The audit committee has three independent directors consisting of Bernard G. Westfall
, Mark R. Nesselroad, and Paul T. Swanson.
The compensation committee has four bank Board members, consisting of Mark R. Nesselroad, Thomas P. Rogers, Bernard G. Westfall
and James W. Dailey II, and met three times in 2005.
...Bernard G. Westfall, Chairman