Horizon Bancorp, Inc. Announces Key Leadership Changes

Grand News Network | November 7, 2023

MICHIGAN CITY, Ind., Nov. 07, 2023 (GLOBE NEWSWIRE) -- (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 ...

Full story available on Benzinga.com


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