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Posted 10 January, 2024

ISABELLA BANK Corp appointed new CEO

CEO Change detected for ticker OTC:ISBA in a 8-K filed on 10 January, 2024.


  (b) Retirement of Jae A. Evans as President and Chief Executive Officer of Isabella Bank Corporation and Chief Executive Officer of Isabella Bank  

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Overview of ISABELLA BANK Corp
Financial Services • Banking
Isabella Bank Corp. is a holding company, which engages in the provision of financial services through its subsidiary. It offers checking accounts, savings accounts, certificates of deposit, direct deposits, cash management services, mobile and internet banking, electronic bill pay services, and automated teller machines. It operates through the following segments: Commercial, Agricultural, Residential Real Estate, and Consumer. The company was founded in 1903 and is headquartered in Mount Pleasant, MI.
Market Cap
$147M
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ISABELLA BANK Corp by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) Retirement of Jae A. Evans as President and Chief Executive Officer of Isabella Bank Corporation and Chief Executive Officer of Isabella Bank

On January 4, 2024, Jae A. Evans retired as President and Chief Executive Officer of Isabella Bank Corporation (the "Corporation") and Chief Executive Officer of Isabella Bank. Mr. Evans' retirement was previously disclosed in a Current Report on Form 8-K filed on April 28, 2023. Mr. Evans will remain a director of the Corporation and Isabella Bank.

(c) Election of Jerome E. Schwind as President and Chief Executive Officer of Isabella Bank Corporation and Chief Executive Officer of Isabella Bank; Appointment of Neil M. McDonnell as President of Isabella Bank


Subsequently, the election of Jerome E. Schwind to President and Chief Executive Officer of the Corporation and Chief Executive Officer of Isabella Bank was effective January 5, 2024. Additionally, the appointment of Neil M. McDonnell as President of Isabella Bank was effective January 5, 2024. Mr. McDonnell will continue to serve as Chief Financial Officer of the Corporation. The election of Mr. Schwind and appointment of Mr. McDonnell were both previously disclosed in a Current Report on Form 8-K filed on April 28, 2023.