German American Bancorp in Jasper, Ind., has tapped an insider to serve as its president.
The $6.2 billion-asset company disclosed in a regulatory filing that Bradley Rust will take over the role on May 18. Rust, who will remain chief operating officer and chief financial officer, will succeed D. Neil Dauby.
Dauby, who will remain CEO, will succeed Mark Schroeder as chairman on May 18. Schroeder, who preceded Dauby as CEO, is retiring.