Horizon Bancorp, Inc. Names John R. Stewart, CFA as Chief Financial Officer
13 Maggio 2024 - 11:00PM
(NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the
“Company”) announced today that John R. Stewart, CFA has been named
Horizon’s next Executive Vice President and Chief Financial Officer
(CFO). Stewart will assume the responsibilities of CFO on May 20,
2024.
Stewart has 22 years of financial services
experience spanning banking, investment management and corporate
finance at regional banks, global investment banks and
institutional asset management firms. He has held leadership roles
in both public and private financial institutions with his most
recent role as the Deputy Chief Financial Officer of a $30 billion
publicly traded bank with oversight responsibilities for several
lines of business and previously included all finance functions
including corporate treasury, accounting, financial planning and
analysis, and capital planning. Stewart also brings depth and
experience in strategic planning, corporate development and
investor relations to Horizon’s leadership team.
“For over 150 years, Horizon’s success has been
based on our ability to attract and retain the best talent to
deliver meaningful long-term returns for our shareholders and
create value for the clients we serve,” said Thomas Prame,
Horizon’s Chief Executive Officer and President. “John has a proven
and successful track record of leadership experience within larger
organizations across many financial disciplines. His broad and
strategic understanding of how to create immediate shareholder
value while positioning an organization for sustained top peer
performance will be a great addition to the highly talented senior
leadership team already in place. We are confident John will play a
key role in advancing our financial performance and strategic plan
driving Horizon’s growth and success.”
Stewart received his Bachelor of Arts degree in
Economics from Bucknell University in Lewisburg, PA, and is
Chartered Financial Analyst (CFA) charterholder through the CFA
Institute.
Stewart succeeds Mark Secor, the Bank’s CFO for the
past 16 years. Secor will remain with the organization taking on a
new role of Chief Administration Officer responsible for investor
relations, legal, benefits administration and corporate facilities.
Additionally, Mark will assist in the transition of the CFO role to
Stewart. Both Stewart and Secor will report to Thomas Prame, CEO
and President of Horizon Bank.
“I want to thank Mark for his many accomplishments
over the last 16 years leading the finance team and helping Horizon
grow from $893 million to $7.8 billion. During his tenure, Horizon
successfully integrated 12 mergers, and grew from 11 locations to
over 70 today. Mark has an unwavering work ethic and passion to
help advance the Company and I look forward to his continued career
success and the value he will create for the organization and
shareholders in his new role.”
About Horizon Bancorp, Inc.Horizon
Bancorp, Inc. (NASDAQ GS: HBNC) is the $7.8 billion–asset
commercial bank holding company for Horizon Bank, which serve
customers across diverse and economically attractive Midwestern
markets through convenient digital and virtual tools, as well as
its Indiana and Michigan branches. Horizon's retail offerings
include prime residential, indirect auto, and other secured
consumer lending to in-market customers, as well as a range of
personal banking and wealth management solutions. Horizon also
provides a comprehensive array of in-market business banking and
treasury management services, as well as equipment financing
solutions for customers regionally and nationally, with commercial
lending representing over half of total loans. More information on
Horizon, headquartered in Northwest Indiana's Michigan City, is
available at horizonbank.com and investor.horizonbank.com.
Contact: |
Thomas PrameChief Executive Officer |
Phone: |
219.814.5983 |
Date: |
May 13, 2024 |
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