• German American Implements Previously Announced Management Succession Plan Realignment

    Source: Nasdaq GlobeNewswire / 06 Jan 2021 12:02:03   America/Chicago

    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


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