A director with the bank holding company since 1986, Ankeny has served as chairman of its Audit and Compliance Committee since 1994. Steven Spence, a director since 2001, will replace Ankeny as chairman of the Audit and Compliance Committee.

Ankeny got his taste for real estate investing while president of Landmar Development Corporation. He also has previously served in executive capacities with the IBM and Xerox corporations.

West Coast Bancorp is the parent company of West Coast Bank and West Coast Trust which have 42 locations in Oregon and Washington. In afternoon trading Wednesday, shares of West Coast were trading at $13.93 apiece, less than $0.40 below its 52-week high of $14.32, achieved on the last day of 2001.

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