TAB Bank, an Ogden-based online bank, has named Rick Bozzelli as president, CEO and director. Bozzelli has served as the chairman of the board at TAB Bank and TAB Holdings since January 2019.
In making the announcement of Bozzelli’s appointment, the board said his duties will include increasing the bank’s market share, bringing new technology and product offerings to TAB customers and promoting profitable growth.
Bozzelli brings nearly four decades of executive leadership experience in banking, private equity, information services, manufacturing and real estate to his new position. Prior to joining TAB Bank, he was chief financial officer and treasurer of FJ Management, a family-owned conglomerate comprised of investments in multiple industry sectors. He serves on the board of directors of various charities and several privately held companies. Previously, he was co-founder of Capstone Capital and co-founder, executive vice president and chief financial officer of Ally/JH Berry Insurance Agency. He was also vice president and chief financial officer at EBSCO Industries, a privately held international conglomerate, with business operations in more than 20 countries across more than 40 diversified businesses.
“Over my tenure as chairman of TAB Bank, I’ve seen a tremendous redevelopment of TAB into a diversified, progressive, technology-based financial institution,” Bozzelli said. “I am inspired by the culture the bank has created and I look forward to leading our talented and dedicated team. Together, we will expand the TAB business model and continue to progress into the premier financial institution in the country.”
“Rick enhances every company he leads and TAB will be no exception,” said Grant Derderian, chairman of the board at TAB Bank. “Rick brings extensive experience in leading and growing businesses in diversified industries that will propel TAB forward even further.”
Originally from Philadelphia, Bozzelli earned his bachelor’s degree from the University of Alabama, completed the master’s degree in the international tax program at New York University and completed the Executive in Residence program at Birmingham Southern College.