2021 Finance Awards Honoree: Dan Sheehan
Meet Dan Sheehan, Chairman & Chief Executive Officer of Professional Bank
Daniel R. Sheehan is a co-founder of Professional Bank, serving as a director since its inception in 2008, subsequently becoming its Chairman of the Board in 2013, CEO in 2019, and Chairman of the Board and CEO of Professional Holding Corp., Professional Bank’s parent company since its inception in 2014.
Favorite Quote: “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” – Mark Twain.
Fun Fact: Once upon a time, I worked at MTV.
What challenges have you faced in your career, and how did you overcome them? Covid imposed a big challenge on our organization and industry. It was disruptive in every sense to our personal and professional lives. We got through it by maintaining a steady hand and taking care of our employees and clients. Routine and genuine communication and interaction (virtual or otherwise) with both served us well.
What has been the most monumental moment of your career thus far? Ringing the opening bell at the Nasdaq Global Exchange in Time Square in New York City celebrating Professional Bank’s Initial Public Offering
What’s the one piece of financial advice you regret not taking? Buy Tesla stock instead of a Tesla car back in 2013. Unfortunately, I bought the car.
What’s the biggest financial mistake most people make? They confuse the cost of living with the standard of living.
How do you get first-time investors to alter their thinking on investing? Price is what you pay; value is what you get – they rarely equal one another.