Lakeland Financial in Warsaw, Ind., has combined the roles of chairman and CEO.
The $6.4 billion-asset company said in a press release that CEO David Findlay had become its chairman. He succeeded Michael Kubacki, who had been chairman since 2003 but plans to retire in April.
Blake Augsburger was named lead independent director.
“I first began working with Mike in 1985 when we were at Northern Trust together and our wonderful relationship is approaching four decades,” Findlay said in the release. “He’s been an exceptional mentor for me and I’ll miss his presence in the board room.”