April 25, 2024

Benjamin Better

Better Get Computer

Ellspermann joins German American corporate board of directors

German American Bancorp, Inc. (Nasdaq: GABC) introduced nowadays the appointment of Dr. Sue Ellspermann, president of Ivy Tech Neighborhood School, to its company board of directors successful as of July 1, 2021.

Dr. Ellspermann currently serves as president of Ivy Tech Community University, Indiana’s most significant publish-secondary institution and the nation’s most significant singly-accredited statewide put up-secondary establishment. She previously served as Indiana’s Lieutenant Governor and as an Indiana Condition Representative. Her earlier job incorporates remaining a founding director of the University of Southern Indiana’s Center for Utilized Research and Economic Improvement and an operator of Ellspermann and Associates, Inc., a business enterprise concentrated on innovative issue solving and strategic preparing, and keeping industrial engineering positions at GM, Michelin and Frito-Lay.

Dr. Ellspermann holds a M.S. and PhD in Industrial Engineering from College of Louisville and a BSIE from Purdue University. She is a resident of Dubois County, which is the base of functions for German American.

“Sue will convey both equally a depth of working experience and a clean standpoint on quite a few degrees to our Board”, mentioned Mark A. Schroeder, German American’s Chairman & CEO. “Ivy Tech’s presence all over the State, and in particular within the markets in which we do business enterprise, enables Sue to have significant neighborhood know-how about each of these spots. Furthermore, her one of a kind point of view as it relates to the academic, corporate, and governmental ecosystem, will be priceless to German American as we attempt to greatly enhance each individual of these sectors of our enterprise. Sue has centered significantly of her vocation on serving the broader neighborhood and the general public sector. That experience, as effectively as her abilities and leadership in financial progress and civil provider received in the course of her time as Indiana’s Lieutenant Governor, will most surely be a sizeable asset to German American.”

“I am happy to be part of the German American Board of Directors,” said Dr. Ellspermann. “As a indigenous and resident of Dubois County, I have had the fortune to observe, on a initially-hand basis, German American’s remarkable amount of advancement and general performance over the past ten years. German American’s emphasis on partnering with nearby communities, clientele, and group users to assist all stakeholders of the bank to grow and prosper aligns properly with my enthusiasm for supporting other folks realize their following level of results. I’m energized to turn out to be element of German American’s initiatives to generate the ongoing advancement and prosperity of the organization and the shoppers and communities they serve in the coming several years.”