Posted 29 March, 2023
GERMAN AMERICAN BANCORP, INC. appointed new CEO
CEO Change detected for ticker Nasdaq:GABC in a 8-K filed on 29 March, 2023.
As previously reported, Mark A. Schroeder, Chairman of the Board of German American Bancorp, Inc. (the "Company"), will retire from the Company's Board of Directors (the "Board"), effective as of the Company's 2023 Annual Meeting of Shareholders, which is being held on May 18, 2023. On March 27, 2023, the Board appointed D. Neil Dauby, one of its current members and the Company's President and Chief Executive Officer, to the additional office of Chairman of the Board, effective May 18, 2023.
$976M
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously reported, Mark A. Schroeder, Chairman of the Board of German American Bancorp, Inc. (the "Company"), will retire from the Company's Board of Directors (the "Board"), effective as of the Company's 2023 Annual Meeting of Shareholders, which is being held on May 18, 2023. On March 27, 2023, the Board appointed D. Neil Dauby, one of its current members and the Company's President and Chief Executive Officer, to the additional office of Chairman of the Board, effective May 18, 2023. The Board also appointed Bradley M. Rust, the Company's Senior Executive Vice President, Chief Operating Officer and Chief Financial Officer, as the Company's President, in addition to his existing roles, effective May 18, 2023, at which time Mr. Dauby will vacate the office of President. In each case, Mr. Dauby and Mr. Rust will serve in these new positions at the pleasure of the Board. * * * * * *
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