The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

First Bank in Mo. hires former Happy State exec as next CEO

First Bank in Creve Coeur, Mo., will have a new CEO in 2024.

The $6.6 billion-asset bank said in a press release that Shelley Siefert will retire at the end of this year.

Siefert, who has served as CEO since 2019, will be succeeded by Mikel Williamson, who recently stepped down as Texas president of Happy State Bank.

Williamson, who was Happy State’s CEO when it was sold to Home BancShares in Conway, Ark., in April 2022, will become First Bank’s president in July and CEO this fall.

“Mikel is a proven leader and the perfect person to succeed Shelley,” Michael Dierberg, chairman of FB Corp., First Bank’s parent company, said in the release. “He has demonstrated success as a CEO and fostering growth through a strong culture and continuous improvement to serve clients.”

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