David R. Milligan has a long and varied career in the banking sector, primarily with West Bancorporation, where he served in many roles, including Chairman and Interim CEO. His journey includes a significant retirement and return to the company, showcasing...
David R. Milligan has a long and varied career in the banking sector, primarily with West Bancorporation, where he served in many roles, including Chairman and Interim CEO. His journey includes a significant retirement and return to the company, showcasing his deep connection to West Bank. Notably, after retiring in 2004, he rejoined the bank in 2009 to fill the gap left by resignations. His legal expertise as an attorney adds a unique layer to his understanding of bank regulatory issues. During 2009 and 2010, his total compensation was zero due to participation in the Capital Purchase Program, which restricted bonuses and stock grants amid financial recovery efforts. His involvement in high-stakes financial decisions makes him a key figure in banking strategy. Between 2019 and 2024, his insider trading activity reflected a strong belief in the company’s value, with notable monthly transactions reaching up to $1.32 million in a single month. Milligan's extensive history with West Bank illustrates his commitment and the trust investors place in him as a leader. He embodies stability in a challenging industry, helping navigate the bank through various phases of its lifecycle.