Dietrich Bank in Effingham, Ill., will soon have a new CEO.
The $1.2 billion-asset bank said in a press release that Jason Semple, its chief financial officer, will succeed the retiring Chuck Deters on May 1.
Semple will also join the boards of the bank and its holding company, Prime Banc Corp.
Deters, who has been CEO since 2014, agreed to stay for a transition period through the second quarter.
“We want to thank Chuck for his leadership and positive impact over the past decade and a half,” Bob Willenborg, Dieterich’s chairman, said in the release.
The board, with assistance from Chartwell Partners, looked at internal and external candidates.
“Jason’s familiarity with our community values and the strategic direction of the bank, his leadership skills and significant experience in finance, lending and mergers and acquisitions, were important attributes in his selection,” Willenborg said.