rlebherz wrote: Alf,
Interesting article. I think the Cloud services and cloud infrastructure lines are a bit blurred, but I agree with most of what you are saying.
Dont underestimate the SLA's role in accountability. For companies that have dynamic requirements and no down time can be afforded, make sure you have very tight SLAs. For example, OpSource provides a 100% SLA in the cloud and 100%SLA around production application environments. Now 100% is ideally perfect, it comes down to accountability, yo...
BOISE, ID -- (MARKET WIRE) -- 02/22/08 -- Today Idaho Bancorp (OTCBB: IDBC) announced the
resignation of Michael K. Johnston, President and CEO of Idaho Banking
Company and its holding company, Idaho Bancorp. "On February 14, 2008, Mr.
Johnston submitted his resignation as President and CEO, much to our
disappointment," said Tom Morgan, Chairman of the Board of Directors. "The
board reluctantly agreed to accept his resignation on February 16, 2008.
The decision did not come without a great deal of thought and deliberation
given the board's degree of respect and confidence in Mr. Johnston's
leadership abilities and accomplishments over the past six years."
The Board has taken measures to begin searching for a successor President
and CEO for the Bank and holding company. The selection process will focus
on finding the individual who best fits Idaho Banking Company's culture of
community banking and personalized service. "Leadership skills, experience
and vision will be key components to ensure the Bank continues to enjoy the
momentum and success Mr. Johnston cultivated during his tenure," Mr. Morgan
stated.
In the meantime, Gary Quast has been appointed Interim President and CEO of
Idaho Banking Company and Idaho Bancorp. Mr. Quast has served as Executive
Vice President and Senior Credit Officer of the Bank since April 2005.
Idaho Bancorp is the holding company of Idaho Banking Company. Idaho
Banking Company, a state-chartered commercial bank and member of the
Federal Reserve, was organized in 1996 and operates four branch offices,
and a construction & mortgage home loan center. The Bank serves clients
throughout southwestern Idaho.
Contacts:
Gary Quast
Interim President and CEO
208-472-4704
Mary Brimson
Senior Vice President of Corporate Relations
208-472-4705