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German American announces executive management additions

Southern Indiana Business Report

JASPER — German American Bancorp Inc. and its bank subsidiary, German American Bank, have announced additions to the executive management team. As previously announced and approved by the board of directors earlier in the year, 2022 will begin with Mark A. Schroeder assuming the newly created position of executive chairman, D. Neil Dauby assuming the position of president and chief executive officer, and Bradley M. Rust transitioning to an expanded role of senior executive vice president and chief operating officer, while also continuing in his current chief financial officer role. Randy L. Braun will continue to serve as the company’s executive vice president and chief banking officer, and Keith A. Leinenbach will remain as the company’s executive vice president and chief credit officer.

In addition to the current executive team, Amy D. Jackson will be promoted to executive vice president and chief administrative officer and Clay M. Barrett will be promoted to executive vice president and chief digital and information officer.

Jackson is a graduate of Kansas State University. She joined German American in 2018 in connection with the company’s merger with First Security Bank of Owensboro, Kentucky, and has more than 20 years of banking experience. She has most recently served as the senior vice president – administrative development and strategic planning for the bank. She is a graduate of Leadership Kentucky and is very active in the Greater Owensboro community serving in leadership capacities on numerous nonprofit, educational and economic development boards.

As chief administrative officer, Jackson will lead all operational and administrative functions of the bank as well as provide executive oversight for human resources.

Barrett is a graduate of Oakland City University. He joined German American in 2012 and has more than 20 years of banking experience. He has most recently served as senior vice president – technology and operations for the bank. He is an accredited ACH Professional and a Certified Treasury Professional. He also serves on several boards in the financial services industry and nonprofit organizations in the greater Evansville community.

As chief digital and information officer, Barrett will be leading German American’s digital optimization and information technology initiatives. He will be responsible for driving the strategy, execution and integration of all banking and non-banking technology, information and digital initiatives in alignment with the company’s corporate business strategy.

Commenting on the company’s announcement, Dauby, incoming president and CEO, stated, “The addition of Amy and Clay to our executive team further strengthens an already talented team with decades of banking and leadership experience. I have the utmost confidence in their abilities and look forward to their continued contributions to our organizations success.”

Schroeder, incoming executive chairman, added, “As I have previously stated, German American is very fortunate to have an extraordinary depth of talent within the ranks of our existing executive and senior management group. This depth of talent allows for the successful transition of our executive management succession plan, while continuing to drive organic and merger-related growth. I am extremely confident in the ability of this executive team to take German American to even higher levels of performance in the coming years.”

About German American

Jasper-based German American Bancorp Inc. trades on Nasdaq under the symbol GABC. Through its banking subsidiary, German American operates 64 banking offices in 20 contiguous southern Indiana counties and seven 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.

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