WaterTower Theatre Names Derek Blount as President of Board of Directors
WaterTower Theatre (WTT) has announced the election of Derek Blount as President of the Board of Directors, serving for a fourth term. WTT also announced the election of a slate of Board Officers including Vice President, Ben Cunningham, Secretary, Katie Myatt, and Treasurer, Jimmy Niemann.
WaterTower Theatre also welcomes the appointment of two new Board members: Michael Canterbury and Debbie Staggs. WaterTower Theatre's Board Resources Committee is Chaired by Board member Elizabeth Fratantuono.
President Blount also announced the appointments of Stan Graner as Development Committee Chair, who will join other Board members in key Chairperson roles including Barbara Daseke as 2014 Spotlight Gala Chair, April Bosworth as WOW! Chair and Jimmy Niemann as Endowment and Planned Giving Chair.
Derek Blount is North Dallas President for Sovereign Bank. He has served on the WaterTower Theatre Board of Directors for seven years and has served as President for the past three years. He is also the Co-Chair of WaterTower Theatre's Corporate Council (with Carolyn Beebe).
Members of WTT's Board of Directors consists of leaders in the fields of business, publishing, education, law, finance, community activism, real estate, and the arts who volunteer their time and expertise on behalf of the organization. Debbie Staggs and Michael Canterbury will join current Board members Maureen Anderson, Roz Benjet, Barbara Bigham, Derek Blount, April Bosworth, Ben Cunningham, Barbara Daseke, Elizabeth Fratantuono, Buddy Frazer, Stan Graner, RoBert Mayer, Jr., Terry Martin, Larry McCallum, Katie Myatt, and Jimmy Niemann.
"We're extremely pleased to announce Derek Blount has agreed to serve as President for a fourth term as well as these three Officer appointments plus our two new board members," said Terry Martin, WaterTower Theatre's Producing Artistic Director. "Derek's fourth term as President is marked by numerous successes, including continuing overseeing new development and fundraising strategies including our Endowment Fund program and Planned Giving. All of our fundraising programs involve members of the Board of Directors: Stan Graner as Chair of the Development Committee; Elizabeth Fratantuono, Board Resources; Derek Blount as Co-Chair of The Corporate Council; April Bosworth, Chair of Women of WaterTower Theatre (WOW!); Jimmy Niemann, Chair Endowment and Planned Giving, and Barbara Daseke, Chair, 2014 Spotlight Gala."
"This past season WaterTower Theatre continued to experience growth in subscription ticket sales and fundraising not to mention the myriad of artistic successes that defines WaterTower Theatre," said Derek Blount. "I'm proud of both the staff and the Board of Directors for their prudent management this past year as well as their willingness to take on new projects. Our new slate of Executive Committee Officers and recently appointed Board members will be important assets to the organization to ensure that our Board continues its work to support the mission of WaterTower Theatre. I'm pleased to welcome Debbie and Michael to our Board and know they will bring important new assets to an already dynamic group of individuals."
About WaterTower Theatre's President of the Board: Derek Blount (President, WaterTower Theatre) joined the WaterTower Theatre Board of Directors in 2006 and has served in the roles of Board Treasurer; Co-Chair of The Corporate Council, Board Vice President, and in September 2010 was elected President of the Board of Directors. He was re-elected as Board President in 2011, 2012, and 2013.
Professionally, Derek serves as North Dallas President for Sovereign Bank, a Dallas-based financial institution. In his role with the bank, Derek focuses on corporate banking including commercial real estate lending, mergers & acquisitions, equipment financing and working capital loans.
Founded in 2004, Sovereign Bank has grown to more than a billion dollars in assets and proudly serves the Texas metro-markets of Dallas-Fort Worth, Austin and Houston.
Derek's professional experience prior to Sovereign includes corporate lending roles with international banking syndicate Credit Lyonnais (now Credit Agricole) and helping establish the Dallas commercial banking division for Hibernia Bank (now CapitalOne Bank). Derek began his banking career with JPMorgan Chase through completion of their executive training program and later serving as a commercial banking officer.