Banking locally is banking better.

Executive Bank Officers

  • Michael J. Thorell, President/CEO
  • Bo Hughes, Chief Operating Officer
  • Greg Thorell, Residential Lending Manager
  • Randall Gaston, Chief Credit Officer
  • Travis FonnesbeckChief Financial Officer

Board of Directors

Our Board of Directors is local to the Phoenix area which will allow Pinnacle Bank to make quick decisions for our clients. They are a diverse group and bring a great deal of expertise in a number of industries.

Thomas P. Rietz, Chairman
Tom is President of Canterra Lighting, Inc. and distributes and supplies a wide variety of LED Lighting Products to both Commercial and Residential Clients throughout the world.

Bradley R. Nilsen, Vice Chairman
Brad is an owner of several valley businesses and was formally the Vice-President and General Manager of KNXV-TV, ABC 15.

Michael J. Thorell
Mike is President and Chief Executive of Pinnacle Bank. He oversees all functions and strategic initiatives for the bank.

Quinn DeAngelis
Quinn is a general business and estate planning attorney in North Scottsdale. He assists a variety of closely held business owners, professionals and athletes with their general business formation, acquisition and sale issues as well as their estate, trust and succession planning.

James P. Gilligan
Mr. Gilligan is a principal with Kinsale Realty Group which owns and operates retail shopping centers in the metro Phoenix area.

Robert C. McIver
Rob is the Chief Financial Officer and Principal with The Athens Group, a full service development company specializing in high-end luxury resort and hotel development.

Stephen Y. Schwanz
Stephen is President and Managing Director of Franchise Capital Advisors, Inc. Franchise Capital Advisors provides debt origination, sale/leaseback and mergers and acquisitions advisory services to chain retail industries.

David L. Timmerman
Dave is President of American Financial Lending, Inc. a local mortgage banker/broker located in Phoenix. In addition to his management responsibilities, Mr. Timmerman maintains a personal client list specializing in high dollar luxury homes.

Bo Hughes
Bo has been a CPA since 2005 and formerly served as the Chief Financial Officer from December 2008 until May 2011. Currently, she serves as the Chief Operating Officer overseeing the daily operations of all functions throughout the bank.

Robert Leonard
Rob is the owner and Executive Director of Colonial Capital, LLC, a Private Money Lending Institution serving Arizona and other areas within the western United States.