First Mid Bancshares in Mattoon, Ill., will soon have a new CEO.
The $9.3 billion-asset company said in a press release that Matthew Smith will succeed Joseph Dively on July 1. Smith will remain president; Dively will continue as chairman.
“I am honored to step into this role and build on the foundation established under Joe’s leadership,” Smith said in the release. “First Mid’s priorities remain unchanged – serving our customers exceptionally well, supporting our communities with purpose, managing risk with discipline, and deploying capital where it generates the highest long-term return for shareholders.”