On April 26, 2018, the Board of Directors of West Bancorporation, Inc. held its annual organizational meeting and accepted David R. Milligan's request to step down from his role as Chairman of the company. James W. Noyce was elected as the new Chairman. The composition of the standing committees of the Board was reviewed, updated and approved and is in effect until the next annual organizational meeting, which is expected to be held on April 25, 2019. The approved members of the standing committees are as follows: Audit Committee: Steven T. Schuler, Chair; David R. Milligan; James W. Noyce; Philip Jason Worth. Compensation Committee: Steven K. Gaer, Chair; Michael J. Gerdin; Sean P. McMurray. Nominating and Corporate Governance Committee: George D. Milligan, Chair; Kaye R. Lozier; Robert G. Pulver. Risk Management and Information Technology Committee: Sean P. McMurray, Chair; Lou Ann Sandburg; Steven T. Schuler.