Stephen A. Lybarger Named Deputy Comptroller for Licensing

WASHINGTON — Stephen A. Lybarger has been named Deputy Comptroller for Licensing, succeeding Larry Beard, who plans to retire from the OCC on October 1, 2010.

"Larry is a true professional in every sense of the word and he will be greatly missed," said Chief Counsel Julie L. Williams. "However, I am very pleased that we were able to find someone as qualified as Stephen Lybarger to fill this void. Stephen has served the OCC very ably in a number of challenging positions and brings a wealth of experience in reviewing and analyzing licensing applications for the largest banks in the country."

In his new position, Mr. Lybarger will oversee the overall licensing function in OCC's Washington D.C. headquarters and its four district offices.

Mr. Lybarger is a commissioned national bank examiner and a 26-year OCC veteran. Among other positions, he has served as the Large Bank Licensing Lead Expert, where he was instrumental in the implementation of critical and complex licensing activities that arose as a result of the financial crisis, including many of the largest transactions to occur in connection with the crisis. He also streamlined the process for chartering bridge national banks for the FDIC as part of failed bank resolutions. Stephen is a graduate of Colorado State University, with a Bachelor of Science Degree in Business Economics.

Mr. Beard joined the OCC in 1974. He is a graduate of Rockhurst College in Kansas City, MO. Over his 36-year career, he served as the Deputy Comptroller for Licensing, the Assistant Deputy Comptroller for the St. Louis Field Office and Associate Director in Financial Management.