Martin May has left his position as president and CEO of Solera National Bank in Lakewood, Colo., and its holding company Solera National Bancorp, Inc.
Kreighton Reed was named interim president and CEO of the $551 million bank. He joined Solera in 2016 and was most recently executive vice president of business development. Previously, he worked for Wells Fargo Bank for 9 years in various management positions in the retail banking sector in markets including Alaska, Colorado, Nevada, Tennessee, Utah, and Wisconsin. He has a Bachelor of Arts degree in Latin American Studies from Brigham Young University, Provo, Utah.
“Mr. May will be missed. He is known for how easy he is to approach, his kindness and thoughtfulness, and most impressively his professionalism and strong character,” Reed said. “May’s vision transformed Solera from a sleepy, local community bank to a bank with national presence and customers. It was his vision to narrow our focus to just a few products that has enabled us to be recognized as a leader in the banking industry. The impact he has had on this bank is profound and needs to be applauded.”
Under May, Solera more than doubled in asset size and number of employees. He joined the company in December 2015, replacing Robert Fenton in the role. Previously, he held senior executive roles at Front Range Bank, Colorado Capital Bank, and as president of First Western Trust’s Cherry Creek (Denver) Colorado office.
He is a graduate of the Graduate School of Banking at Colorado, Boulder, and has a Bachelor of Science degree in applied economics from the University of San Francisco.