German American Bancorp, Inc.NASDAQ: GABC

German American Implements Previously Announced Management Succession Plan Realignment

· Issued by German American Bancorp, Inc. via GlobeNewswire

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 OfficerClay W. Ewing, Executive Vice ChairmanD. Neil Dauby, President, Chief Operating Officer and SecretaryBradley M. Rust, Senior Executive Vice President, Chief Financial Officer and TreasurerRandall L. Braun, Executive Vice President and Chief Banking OfficerKeith A. Leinenbach, Executive Vice President and Chief Credit Officer
 
Senior Bank Officers
Jane A. Balsmeyer, Senior Vice President, MarketingClay M. Barrett, Senior Vice President, Technology and OperationsEdward J. Erickson, Senior Vice President, Mortgage ServicesBrock C. Goggins, Senior Vice President, Retail BankingSarah E. Howard, Senior Vice President, FinanceAmy D. Jackson, Senior Vice President, Administrative Development and Strategic PlanningVicki L. Schuler, Senior Vice President, ControllerBrent A. Sternberg, Senior Vice President, Wealth Management
 
Senior Divisional Officers
Michael F. Beckwith, Kentucky Division PresidentC. Adrian Brown, Indiana East Division PresidentJohn 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

Source: German American Bancorp, Inc.