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Members

Russell H. Vandevelde , IV

Birmingham, Alabama

Russell is a nationally known expert in the product design and implementation of Bank Owned Life Insurance programs. Russell has worked as a specialist since 1986 covering all 50 states. In addition to BOLI consulting, Russell also assists banks with Non-Qualified Deferred Compensation Plans.

Russell is a Board Member of the Association for Advanced Life Underwriting (AALU) and has served twice as a board member for the Birmingham Association of Insurance and Financial Advisors (BAIFA). He is a frequent speaker at industry and company meetings on the topic of BOLI, as well as on the design and implementation of Non-Qualified Executive Benefit Plans. Russell is also a founding board member for National Bank of Commerce and has served as Chairman of the Board.

Russell double majored in Mathematics and Sociology and received a B.S. degree from Vanderbilt University.

Jim Foyt , CPA (inactive)

Birmingham, Alabama

Jim is a founding partner and the President and Managing Partner of EBS. Jim is a highly specialized BOLI consultant working closely with businesses across the country on their executive benefit plans, executive compensation planning, BOLI consulting, regulatory compliance, and ongoing service needs. Jim has implemented hundreds of BOLI and executive benefit plans and a frequent speaker at industry meetings on BOLI and COLI related topics.

Prior to joining EBS in 1998, Jim worked twelve years in public accounting with Arthur Andersen assisting large public and private companies, including several regional financial institutions. As part of his responsibilities managing the Birmingham tax practice, Jim worked with many clients to implement executive benefit plans.

He is a member of the American Institute of Certified Public Accountants (AICPA) and the Association for Advanced Life Underwriting (AALU). Jim is an active member of Shades Mountain Baptist Church and is a past chairman of the finance committee. Jim is an active member of the United Way Tocqueville Society. He is a current member of the Board of Trustees for the Baptist Health System. Jim is a past member of the Auburn University Accounting Advisory Board and the Board of Directors of the Georgia Bankers Association. Jim earned a B.S. degree in Accounting from Auburn University. He holds the FINRA Series 6 and 63 securities registrations and is a licensed insurance agent.

Jeffrey P. Peterson , CLU, ChFC

San Francisco, California

Jeff has spent more than 20 years in benefits consulting for private and public sector corporations as well as with individual executives. He has focused on the banking and technology industries, and his practice emphasizes all areas of executive benefit issues and informal funding. As Managing Partner in the San Francisco office, Jeff oversees client services for that region.

Jeff is a past president of the National Association of Insurance and Financial Advisors and the Society of Financial Service Professionals in San Francisco. He is a member of the Million Dollar Round Table, Top of the Table, and the recipient of the highly coveted National Quality Award.

Jeff received his Bachelor of Science in Economics from the University of the Pacific.

Phillip A. Pickett , CPA

Birmingham, Alabama

Phil works closely with banks across the country on the design, implementation and administration of Bank Owned Life Insurance (BOLI) programs. Phil also assists banks with Non-Qualified Executive Benefit Plans and Deferred Compensation Plans.

Phil is a CPA and a member of the American Institute of Certified Public Accountants (AICPA). He is a Legislative Circle Member of the Association for Advanced Life Underwriting (AALU) and a member of AALU’s Non-Qualified Plans committee.

Phil was a tax manager for an international accounting firm prior to joining EBS in 2003. During his 10 years in public accounting, Phil specialized in tax consulting and implementation services for a variety of corporate clients, executives and high-wealth individuals. Phil received his M.B.A. from the University of Alabama and his B.S. in Accounting from Florida State University.

Michael Pounds

Birmingham, Alabama

Michael is an associate partner with EBS and works closely with banks, private and publicly held corporations, and high net worth individuals providing consultation and analysis in estate planning services. Michael is an active member in his community serving as a board member for the March of Dimes and a young executive board member at The Club. He is also a member at the Church of the Advent.

Michael received his B.S. in Human Environmental Sciences from the University of Alabama. He holds his FINRA Series 6 and 63 as well as state Life and Health licenses. Michael is a member of the National Association of Insurance and Financial Advisors (NAIFA).


Associates

Kirk Anderson

Troy, MI

Kirk Anderson has over 30 years of experience in the financial services industry. Since 2001, Kirk has worked closely with banks in the Midwest — designing, implementing and servicing Bank Owned Life Insurance (BOLI) programs. Kirk is a specialist in helping banks design Nonqualified Executive Benefit Plans, which enables banks to recruit, reward and retain the best people. Prior to working with banks, Kirk was a senior executive with a large Michigan-based life insurance company.

Kirk has been a featured speaker at various banking events and has written a variety of articles for banking publications. Kirk is well known in Michigan banking circles for his leadership and support of the industry. He supports many charitable efforts, especially Big Brothers Big Sisters.

Pat A. DiCerbo , CLU, ChFC, CFP, AEP, MSFS

Latham, New York

Pat DiCerbo is a career life insurance and financial advisor and wealth management advisor at Northwestern Mutual. He has a master’s degree and spends his time between senior management and ownership of both public and private companies. He has been involved in executive benefits planning and BOLI and COLI transactions since the early 1990s. After many years of friendship and collaboration Pat entered into an exclusive/focused effort with EBS and its Partners. He has broad knowledge and an understanding of the industry and the marketplace borne of many years of experience, making him a valuable resource to top executives, professionals and organizations as it relates to Executive Benefits Planning, BOLI, COLI, and related topics.

Pat is a 20+ year member of Association for Advanced Life Underwriting (AALU). He is a member of The President’s Council and a former trustee at Union College in Schenectady, NY. He is Chairman of Vintage Aficionado Event for The Center for Disability Services (CFDS) and have been for 20 years, raising over $2M for CFDS, a national affiliate of United Cerebral Palsy.

Pat is a graduate of Union College, Schenectady, NY (BA – Spanish; BA – European History) and The American College, Bryn Mawr, PA (MSFS; Masters in the Science of Financial Services). Pat holds numerous industry designations including CFP, ChFC, CLU, AEP, CLTC, MSFS, etc.

Andrew M. Achary

Baton Rouge, Louisiana

Andrew is an associate partner with EBS. He is a specialized BOLI/COLI consultant working closely with businesses across the gulf south on their executive benefit plans, executive compensation planning, BOLI consulting, regulatory compliance, and ongoing service needs.

Andrew is an active member in his community and a member at St. Jude Catholic Church in Baton Rouge, LA. He received his B.S. from Louisiana State University. He holds his FINRA Series 6 and 63 as well as state Life and Health licenses. Andrew is a member of the National Association of Insurance and Financial Advisors (NAIFA) and Million Dollar Round Table (MDRT).

Hap Arnold

Birmingham, Alabama

Hap is an associate with EBS and works closely with banks, privately and publicly held companies, and individuals with their personal financial planning needs. Hap also assists with the preparation of BOLI sales proposals as well as identifying target prospects throughout the country.

Hap received his B.S. in Finance with a specialization in Insurance Planning from the University of Alabama.  He currently holds his FINRA Series 6 and 63 as well as his state Life, Health, and Long Term Care Licenses.


Client Service Team Leaders

Bryan S. Gunn , JD, CPA

COO/CFO

Birmingham, Alabama

Bryan oversees EBS corporate operations, coordinates client services, and works with clients in designing and implementing nonqualified executive plans.

Bryan has 30 combined years of experience in public accounting, private practice of law, and executive management. Bryan received his B.A. in Accounting from the University of South Florida and his J.D. from the Mercer University School of Law.

Bryan’s accounting experience includes all aspects of audit and tax services for public and private companies while at Pender Newkirk & Company (now Warren Averett CPAs and Advisors) and tax compliance and employee benefit issues at KPMG. His legal experience includes employee benefits, taxation, estate planning, probate, and transactions. His management experience includes serving as EVP/CFO and General Counsel as well as responsibility for human relations, information technology, development, and communications.

Cindy J. Willis , CPA

Director of Plan Services

Birmingham, Alabama

Cindy is the Director of Plan Services for financial institutions. Her responsibilities include the preparation of journal entries, Administration Manual updates, preparation of annual death benefit and cash value reports, and the preparation of auditor confirmation reports. Cindy also is responsible for assisting clients with their annual BOLI board reporting packages. Cindy previously worked for 9 years for Arthur Andersen as a tax manager, where she provided consulting and tax services to public and private companies, individuals, and trusts. Cindy received her B.S. in Accounting from the University of Alabama and holds the CPA designation.

Rebecca M. Michael , CPA, CMA

Plan Services Manager

Birmingham, Alabama

Rebecca is a Plan Services Manager. She has 11 years of public accounting experience having worked with Ernst & Young, Arthur Andersen, and Warren, Averett, Kimbrough, & Marino. In addition, Rebecca has served at private and publicly-held corporations for 17 years. She is responsible for assisting financial institution clients with ongoing service needs. Rebecca received her B.S. in Accounting and MBA from the University of Alabama in Birmingham. She also holds the CPA and CMA designations.

Leisa S. Kizer , CPA

Plan Services Manager

Birmingham, Alabama

Leisa is a Plan Services Manager. She has 28 years of experience working in public accounting, private company management and as the Vice President and Director of Tax for CVS Caremark Corporation (publicly held). Leisa received her B.S. in Accounting from Auburn University and is a member of the American Institute of Certified Public Accountants.

Thomas E. Walker, Jr. , CPA

Director of Executive Compensation and Plan Implementation

Birmingham, Alabama

Tom is primarily involved in the implementation of BOLI programs specializing in regulatory compliance matters and non-qualified executive plan design, documentation, and service. Having 8 years in public accounting with Arthur Andersen as a senior audit manager and 22 years experience as Chief Financial Officer in various financial service companies, he is well equipped to assist EBS clients and their professionals with accounting and tax issues. Tom received his B.S. degree from Auburn University and holds the CPA designation.

Mark H. Williams , CFP®, CLU, ChFC

Director of Marketing

Birmingham, Alabama

Mark Williamsis the Director of Marketing for EBS. He has worked in the financial services industry for sixteen years. He is responsible for the preparation of BOLI, COLI and nonqualified benefit plan sales proposals, bank peer group compensation studies and overall company marketing efforts.

Mark received his Bachelor of Science in Finance from the University of Alabama. He is a CERTIFIED FINANCIAL PLANNER™ professional and holds the Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC) professional designations from the American College.

Jennifer Underwood

Director of Underwriting and Technology

Birmingham, Alabama

Jennifer joined EBS in 2001 and is the Director of Underwriting for EBS. In this role, she works with clients to ensure that all requirements are met for underwriting. Jennifer also manages the employee consent process and case application. As a Plan Implementation Manager, Jennifer works closely with insurance carriers to implement BOLI and COLI programs. Jennifer also assists with premium allocation and case sizing.

In addition to Plan Implementation and Underwriting, Jennifer manages EBS’s Service Organization Control initiatives for SOC I and SOC II.