Hire brings more than thirty-five years of banking experience to the 65-person regional lending institution
PORTLAND, OREGON – Nonprofit lender Craft3 has hired Portland banking executive Mark Stevenson as Chief Financial Officer (CFO). Stevenson fills a gap left by the January retirement of long-time CFO and Astoria, Oregon resident David Oser. Most recently, Stevenson was an executive at Pacific Continental Bank, leading the bank’s nonprofit banking and sustainability initiatives.
“Mark has spent his career building bridges between community banks and the businesses and nonprofits they serve. His unique perspective will help Craft3 expand our impact capital and fund management initiatives as we execute on our new 5-year strategic plan,” said Adam Zimmerman, President and CEO of Craft3. “I’d also like to thank David Oser for his years of service. Craft3 is a stronger organization because of his unwavering commitment to helping underserved populations access financing.”
“Access to responsibly-provided capital can rewrite the storyline of a business or family. I’ve always admired the culture at Craft3, and joining as CFO gives me the opportunity to continue using finance to make a difference in the lives of people throughout the Northwest,” said Mark Stevenson.
Stevenson joined Pacific Continental Bank after it acquired Capital Pacific Bank, at which he had served as President and CEO between 2006 and 2015. In that role, he oversaw the growth of Capital Pacific from $65 million to $250 million and its certification as a B Corp.
In January, Stevenson resigned from the Craft3 Board of Directors, on which he had served since 2016. He started as CFO on February 1, 2018 and will work from Craft3’s Portland office.