German American Implements Previously Announced Management Succession Plan Realignment
January 06, 2021 at 06:03 pm
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JASPER, Ind., Jan. 06, 2021 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) has moved forward with the implementation of its previously announced management succession plan. German American Chairman & CEO, Mark A. Schroeder, announced that, in connection with the planned retirement of Executive Vice Chairman Clay W. Ewing as of April 1, 2021, the Board of Directors has named the following individuals to the Corporation’s Senior Management Group effective January 1, 2021.
Named Executive Officers
Mark A. Schroeder, Chairman and Chief Executive Officer Clay W. Ewing, Executive Vice Chairman D. Neil Dauby, President, Chief Operating Officer and Secretary Bradley M. Rust, Senior Executive Vice President, Chief Financial Officer and Treasurer Randall L. Braun, Executive Vice President and Chief Banking Officer Keith A. Leinenbach, Executive Vice President and Chief Credit Officer
Senior Bank Officers
Jane A. Balsmeyer, Senior Vice President, Marketing Clay M. Barrett, Senior Vice President, Technology and Operations Edward J. Erickson, Senior Vice President, Mortgage Services Brock C. Goggins, Senior Vice President, Retail Banking Sarah E. Howard, Senior Vice President, Finance Amy D. Jackson, Senior Vice President, Administrative Development and Strategic Planning Vicki L. Schuler, Senior Vice President, Controller Brent A. Sternberg, Senior Vice President, Wealth Management
Senior Divisional Officers
Michael F. Beckwith, Kentucky Division President C. Adrian Brown, Indiana East Division President John T. Lamb, Indiana West Division President
About German American
German American Bancorp, Inc. is a Nasdaq-traded (symbol: GABC) financial holding company based in Jasper, Indiana. German American, through its banking subsidiary German American Bank, operates 73 banking offices in 20 contiguous southern Indiana counties and eight counties in Kentucky. The Company also owns an investment brokerage subsidiary (German American Investment Services, Inc.) and a full line property and casualty insurance agency (German American Insurance, Inc.).
For additional information, contact: Mark A Schroeder, Chairman & Chief Executive Officer of German American Bancorp, Inc. (812) 482-1314
German American Bancorp, Inc. is a financial holding company. The Company, through its banking subsidiary German American Bank, operates around 74 banking offices in 20 contiguous southern Indiana counties and 14 counties in Kentucky. Its segments include core banking and wealth management services. The core banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in the Companyâs local markets. The core banking segment also involves the sale of residential mortgage loans in the secondary market. The wealth management services segment involves providing trust, investment advisory, brokerage and retirement planning services to customers. It operates its insurance business throughout southern Indiana and Kentucky under the name German American Insurance - A Hilb Group Company.