Mr. Ahern is the former Founder, Chairman, and CEO of CIC Bancshares, a bank holding company that was formed in 2010. CIC Bancshares was acquired by Heartland Financial USA in February of 2016. Under Mr. Ahern’s leadership, CIC raised over $65 million in capital from 2010-2015 and grew assets from $25 million to over $750 million while employing over 140 employees over the same period. He continues to serve as Chairman of the Board for Centennial Bank and Trust, a $900 million Colorado chartered community bank.
Mr. Ahern has over 30 years as an executive, entrepreneur, and investor primarily in the financial services industry including commercial banking, investment management and trust, asset-liability management, alternative investments, insurance, mergers and acquisitions, and private equity. He is an active investor and has served as a director on a number of privately-held companies. Mr. Ahern has led or been part of the negotiation and execution teams on over 20 M&A transactions and has invested and operated start-up business ventures in the financial services space.
Mr. Ahern currently serves on the Board of Trustees for the University of Northern Colorado. He also serves on the Ace Scholarships Board of Advisors. Mr. Ahern is also an active member and former board member of YPO-Gold Rocky Mountain.
Mr. Ahern has previously served on the boards of community organizations including; board member and chairman of the investment committee for the University of Northern Colorado Foundation, chairman of the Dean's Leadership Council of the Monfort College of Business, trustee and investment committee chairman for the Griffith Centers for Children, a member of the EPIC (Executives Partnering to Invest in Children) CEO Roundtable, board member for the Colorado Business and Insurance Education Foundation, and a member of the investment committees for the Malcolm Baldridge National Quality Award Foundation and Girl's Inc. Mr. Ahern has also served as an adjunct faculty member at the Monfort College of Business.
A Chartered Financial Analyst, Mr. Ahern received an MBA with an emphasis in Finance from the University of Connecticut in 1991 and a BS in Business Administration (Finance and Insurance) from the University of Northern Colorado in 1985. Mr. Ahern is a Colorado native and has been married to his wife, Annie, for 30 years and has two adult children.