Horizon Bancorp, Inc. Announces Key Leadership Changes
07 Noviembre 2023 - 3:15PM
(NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the
“Company”) announced the succession plan for its chief financial
officer (“CFO”) and a restructuring of its mortgage and consumer
lending leadership.
Horizon and Mark Secor have agreed that he will transition from
his role as Executive Vice President and CFO of the Company and
Horizon Bank. Mr. Secor will continue in the role of Executive Vice
President and CFO until a successor is appointed and provide
transitional support through April 30, 2024.
“On behalf of the entire organization, I want to thank Mark for
his many contributions to the Company over the last 16 years,
including leading our finance teams through a period of significant
expansion. During his tenure, Horizon grew by nearly six-fold to
become the $8 billion bank holding company it is today,” President
and Chief Executive Officer Thomas Prame said. “As we commence a
national search for a new CFO, we are fortunate to have the benefit
of Mark’s continued leadership and counsel. I look forward to
working closely with him during the transition and exploring how
Mark can continue to help accelerate Horizon’s strategic growth
plans.”
Consistent with Horizon’s communicated strategy to shift
resources to higher-yielding businesses, the Company announced a
restructuring of its mortgage and consumer lending division. Noe
Najera, Executive Vice President, Senior Retail & Mortgage
Lending Officer of the Bank, has departed the Company with the
divisional teams reporting to other experienced leaders within
Horizon.
“We appreciate Noe’s efforts since joining Horizon in 2016, and
we wish him the very best in his future endeavors,” Prame said.
“Our organization has a strong and tenured depth of leadership in
our mortgage, warehouse and consumer lending divisions. I am
confident in their continued success and ability to exceed the
needs of the clients and communities we serve.”
Prame added, “Horizon is proud of its longstanding history of
attracting and developing talented leaders that can position the
company to continue its 150 year tradition of success. As we evolve
as an organization, our core community banking values will remain
and continue to focus on the success of our clients, communities
and shareholders.”
About Horizon Bancorp, Inc.Celebrating 150
years, Horizon Bancorp, Inc. (NASDAQ GS: HBNC) is the $8.0
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 Bank’s retail
offerings include prime residential, indirect auto, and other
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, 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.
Forward Looking StatementsThis press release
may contain forward–looking statements regarding the financial
performance, business prospects, growth and operating strategies of
Horizon Bancorp, Inc. and its affiliates (collectively, “Horizon”).
For these statements, Horizon claims the protection of the safe
harbor for forward–looking statements contained in the Private
Securities Litigation Reform Act of 1995. Statements in this press
release should be considered in conjunction with the other
information available about Horizon, including the information in
the filings we make with the Securities and Exchange Commission
(the “SEC”). Forward–looking statements provide current
expectations or forecasts of future events and are not guarantees
of future performance. The forward–looking statements are based on
management’s expectations and are subject to a number of risks and
uncertainties. We have tried, wherever possible, to identify such
statements by using words such as “anticipate,” “estimate,”
“project,” “intend,” “plan,” “believe,” “will” and similar
expressions in connection with any discussion of future operating
or financial performance. Although management believes that the
expectations reflected in such forward–looking statements are
reasonable, actual results may differ materially from those
expressed or implied in such statements. Risks and uncertainties
that could cause actual results to differ materially include those
risks and uncertainties that are discussed in Horizon’s reports
(such as the Annual Report on Form 10–K, Quarterly Reports on Form
10–Q, and Current Reports on Form 8–K) filed with the SEC and
available at the SEC’s website (www.sec.gov). Undue reliance should
not be placed on the forward–looking statements, which speak only
as of the date hereof. Horizon does not undertake, and specifically
disclaims any obligation, to publicly release the result of any
revisions that may be made to update any forward–looking statement
to reflect the events or circumstances after the date on which the
forward–looking statement is made, or reflect the occurrence of
unanticipated events, except to the extent required by law.
Contact: |
Thomas Prame |
|
Chief Executive Officer |
Phone: |
219-814-5983 |
Date: |
November 7, 2023 |
Horizon Bancorp (NASDAQ:HBNC)
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