April 21, 2024

Benjamin Better

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German American Bancorp, Inc. (GABC) Appoints Dr. Sue

JASPER, Ind., June 28, 2021 (Globe NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) introduced nowadays the appointment of Dr. Sue Ellspermann, President of Ivy Tech Neighborhood University, to its corporate board of directors powerful as of July 1, 2021.

Dr. Ellspermann presently serves as president of Ivy Tech Local community Higher education, Indiana’s most significant post-secondary institution and the nation’s most significant singly-accredited statewide put up-secondary establishment. She earlier served as Indiana’s Lieutenant Governor and as an Indiana Point out Representative. Her previously job consists of getting a founding director of the College of Southern Indiana’s Centre for Used Investigation and Economic Enhancement, and an operator of Ellspermann and Associates, Inc., a company focused on resourceful trouble resolving and strategic arranging, and holding industrial engineering positions at GM, Michelin and Frito-Lay. Dr. Ellspermann retains 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, Indiana, which is the base of operations for German American.

“Sue will bring each a depth of working experience and a new standpoint on various stages to our Board,” said Mark A. Schroeder, German American’s Chairman & CEO. “Ivy Tech’s existence during the Point out, and in certain inside the markets in which we do small business, permits Sue to have meaningful neighborhood knowledge about every of these places. Moreover, her special viewpoint as it relates to the academic, company, and governmental atmosphere, will be invaluable to German American as we strive to boost every single of these sectors of our small business. Sue has focused a great deal of her profession on serving the broader community and the public sector. That expertise, as nicely as her knowledge and leadership in economic enhancement and civil services obtained throughout her time as Indiana’s Lieutenant Governor, will most certainly be a sizeable asset to German American.”

“I am delighted to be part of the German American Board of Directors,” said Dr. Ellspermann. “As a native and resident of Dubois County, I have experienced the fortune to notice, on a initially hand basis, German American’s excellent degree of growth and effectiveness about the past decade. German American’s concentrate on partnering with community communities, customers, and crew customers to enable all stakeholders of the lender to improve and prosper aligns properly with my enthusiasm for supporting many others realize their subsequent degree of accomplishment. I’m energized to grow to be section of German American’s endeavours to push the ongoing advancement and prosperity of the Firm and the shoppers and communities they provide in the coming years.”

About German American

German American Bancorp, Inc. is a Nasdaq-traded (image: GABC) economic keeping business based mostly in Jasper, Indiana. German American, via its banking subsidiary German American Financial institution, operates 68 banking offices in 19 contiguous southern Indiana counties and 8 counties in Kentucky. The Firm also owns an financial commitment brokerage subsidiary (German American Financial commitment Solutions, Inc.) and a entire line assets and casualty insurance coverage agency (German American Insurance plan, Inc.).

For more details, make contact with:
Mark A Schroeder, Chairman & Chief Executive Officer
D. Neil Dauby, President & Chief Running Officer
(812) 482-1314

A photograph accompanying this announcement is out there at https://www.globenewswire.com/NewsRoom/AttachmentNg/8998b30a-c988-4628-terrible9-2d14fa40f593