MADISON, WIS. – July 16, 2018 – First Business Financial Services, Inc. (Nasdaq: FBIZ), parent of First Business Bank, announces the appointment of Kent Lorenz to the Board of Directors of First Business Financial Services, Inc. Lorenz concurrently holds seats on the First Business Bank Board and the bank’s Milwaukee Region Advisory Board.
“We’re very fortunate that Kent is lending his expertise, expanding his relationship with First Business, and providing an important voice to represent Milwaukee-area businesses,” says Mike Flynn, President – Milwaukee Region. “Kent has outstanding experience in our community as an entrepreneur and as a manufacturing executive. He is a true asset for our company.”
“I’m impressed with how First Business distinguishes itself from other banks with its entrepreneurial culture and its dedication and refined focus on proactively serving local businesses,” says Lorenz. “I look forward to working to encourage that tradition into the future.”
Mr. Lorenz has served on the First Business Bank Board since August 2017 and the bank’s Milwaukee Region Advisory Board since 2010. He is the retired Chairman and CEO of Acieta LLC, and is the Managing Partner of DKR Investors LLC, a commercial real estate investment company based in Pewaukee, Wis.
In 2014, he was appointed to serve on the Wisconsin Technical College System Board of Directors where he currently serves as Board Secretary. Kent also serves on the advisory board of Essential Industries in Merton, Wis., and is an advisor to UW-Madison-based startup C-Motive.
In the local community, Mr. Lorenz serves on the Western Lakes Fire District Board of Directors as Treasurer and on the Advisory Board for Pewaukee High School’s “Project Lead the Way” program. He also has served on the United Way of Greater Milwaukee & Waukesha County’s Cabinet Committee for the past three years. He is the past Chairman of the Manufacturing Executive Committee for the Waukesha County Business Alliance.