Beckwith to succeed Braun as EVP
| Southern Indiana Business Report JASPER – German American Bancorp, Inc. (NASDAQ: GABC) has named Michael F. Beckwith executive vice president, chief banking officer, effective April 1. Beckwith succeeds Randall L. Braun, who will be retiring as German American’s executive vice president and chief banking officer. Braun will retire after 12 years with the organization and 31 years of banking industry experience. “We wish Randy well in his retirement years and thank him for his dedicated leadership and service to our customers, employees, shareholders and communities,” said Neil Dauby, president and CEO. “Throughout the course of his career with German American, Randy has played a critical role in strengthening our culture of team work and collaboration, growing our company both organically and through acquisitions, and driving superior financial performance.” Beckwith joined German American Bank through the acquisition of First Security Bank in 2018 where he served as president and CEO. He has served as the Kentucky Division President leading the strategic focus in German American’s Kentucky footprint, and has most recently served as Chief Commercial Banking Officer. In his role as EVP, CBO, he will oversee the strategy and execution of the bank’s business lines including commercial, retail, mortgage, treasury management, and affordable housing. He will also provide executive oversight for marketing operations. “This transition of our Chief Banking Officer position is the company’s next step in the ongoing management succession planning the board has been implementing for the past several years,” Dauby said. “We are excited to expand Mike’s leadership role within our organization. He consistently demonstrates the qualities that define German American’s culture with an unwavering commitment to our customers, employees, shareholders and communities.” Beckwith resides in Owensboro, Kentucky. He is a graduate of Butler University and serves on the board of the Kentucky Bankers Association. About German American German American Bancorp, Inc. is a Nasdaq-traded financial holding company based in Jasper. German American, through its banking subsidiary German American Bank, operates 77 banking offices in 20 southern Indiana counties and 14 counties in Kentucky. |