Horizon Bancorp in Michigan City, Ind., has tapped a former bank executive as its lead director.
The $7.4 billion-asset company said in a press release Friday that Michele Magnuson will succeed Daniel Hopp on June 30. Hopp’s three-year term as lead director is set to end; he will also reach Horizon’s mandatory retirement age be the end of this year.
Her term as lead director will end in mid-2025.