NAPLES — Michael Carrigan, the former president and CEO of TIB Bank, is retiring from banking effective Sept. 1. He currently serves as head of commercial lending for Southwest Florida for North American Financial Holdings Inc., which acquired TIB last year.
Carrigan spoke to the Business Review last year shortly after TIB Bank was acquired by NAFH. “There's a unique opportunity to take advantage of the disruption,” he said at the time. (See “Bank Lifeline,” July 9, 2010.)
North American Financial Holdings Inc. will soon exceed the $7 billion asset mark, with a network of 146 branch locations in five states.