Community Trust Bancorp in Pikeville, Ky., will have a new CEO in 2022.
The $5.5 billion-asset company said in a press release Wednesday that Jean Hale, will retire as CEO on Feb. 7. Hale has been Community Trust’s CEO for the last 23 years.
Mark Gooch was named the company’s president, effective immediately, succeeding Hale. He will succeed Hale as CEO and as a director when she retires.
Gooch will remain president and CEO of Community Trust Bank, posts he has held since July 1999.
Hale “leaves an indelible imprint on Community Trust … having provided strong leadership for its dynamic growth and profitability and assembling a strong executive management team during her tenure,” M. Lynn Parrish, the company’s lead independent director, said in the release.