The instructor can also solicit a list of the key players:
Each of these individuals are key players which I am about to tell you guys a little bit of
their background. These individuals are the one that have authorities in the Kendallville
Bank. We will explain latter in the slide with in dept information on how the management,
internal and external auditors, and audit committee are involve in the financial reporting
supply chain.
Sandra Renwood
Sandra Renwood was born in Indiana and studied economics at an East Coast university.
She went into finance after college and spent the first 20 years of her career just outside of
New York City, getting an MBA in the process. Renwood began her career in banking
operations and branch management before transferring into the finance department. She
rose to the position of CFO and was involved in a number of bank mergers. She had no
prior expertise with loans or portfolio management. Renwood rose through the ranks of a
mid-sized publicly traded bank to become a senior executive. She kept her eyes out for
fresh chances as she sought to return to Indiana, and she leapt at the chance to join
Kendallville. Her background, along with a proven track record of accomplishment, made
her an obvious choice to lead Kendallville. Renwood was named chairman of the board of
directors eighteen months after she arrive. Sandra Renwood is a chairman and president.
She became a CEO with extensive expertise but no prior experience as a CEO.
Dan Davis
Renwood had hired Davis shortly after she joined Kendallville. Davis earned a bachelor’s
degree in mathematics as well as a master’s degree in accounting. He began his career as a
