New CEO and New President Announced for Hawthorn Bancshares, Inc. and Hawthorn Bank
April 27 2023 - 4:34PM
Hawthorn Bancshares, Inc. (NASDAQ: HWBK) and its subsidiary
Hawthorn Bank announced today that Brent Giles will be named CEO of
both entities effective May 1, 2023. Also for both entities, Gregg
Bexten, currently Regional President of the bank’s Central Region,
will assume the role of President, while current Chairman,
President and CEO David Turner will remain on as Executive
Chairman.
“It is my pleasure to welcome Brent Giles to the
Hawthorn Bank leadership team. Brent’s extensive experience and
proven leadership will be an incredible asset to shareholders,
customers and employees,” said Turner. Giles brings 34 years of
banking experience, most recently as President and CEO of Bank of
Blue Valley, a $1.4 billion bank based in Overland Park,
Kansas.
Giles served as Chairman and Chief Executive
Officer of Liberty Bancorp, Inc. and BankLiberty from 2003 until
its sale in 2019. During that time, Giles took the company public,
growing the bank through a mix of acquisitions and organic growth,
to become one of the nation’s top performing community banks.
“Hawthorn Bank has a long, storied history of
supporting its customers and communities through true relationship
banking,” said Giles. “I’m honored to step into the CEO role and
very excited to work with the talented leadership team at Hawthorn
Bank. Mr. Turner and his team have built a tremendous foundation
and franchise that is primed for continued growth and
expansion.”
“We also look forward to Gregg Bexten’s expanded
leadership as we continue building on our many solid relationships
with local businesses and individuals in the communities we serve,”
Turner added.
Bexten has been with Hawthorn Bank since 1998
and brings over 30 years of commercial banking experience to his
new role.
Giles and Bexten will both join the Hawthorn
Bancshares and Hawthorn Bank boards of directors.
About Hawthorn Bancshares,
Inc.
Hawthorn Bancshares, Inc., a financial-bank
holding company headquartered in Jefferson City, Missouri, is the
parent company of Hawthorn Bank of Jefferson City, Missouri with
additional locations in the Missouri communities of Lee's Summit,
Liberty, St. Louis, Springfield, Independence, Columbia, Clinton,
Osceola, Warsaw, Belton, Drexel, Harrisonville, California and St.
Robert, Missouri.
Statements made in this press release that
suggest Hawthorn Bancshares' or management's intentions, hopes,
beliefs, expectations, or predictions of the future include
"forward-looking statements" within the meaning of Section 21E of
the Securities and Exchange Act of 1934, as amended. It is
important to note that actual results could differ materially from
those projected in such forward-looking statements. Additional
information concerning factors that could cause actual results to
differ materially from those projected in such forward-looking
statements is contained from time to time in the Company's
quarterly and annual reports filed with the Securities and Exchange
Commission. These forward-looking statements are made as of the
date of this communication, and the Company disclaims any
obligation to update any forward-looking statement or to publicly
announce the results of any revisions to any of the forward-looking
statements included herein, except as required by law.
Contact:
Hawthorn Bancshares, Inc.
Stephen E. Guthrie
Chief Financial Officer
TEL: 573.761.6100
Fax: 573.761.6272
www.HawthornBancshares.com
For More Information Contact:
David Turner
(573) 761-6100
Hawthorn Bancshares (NASDAQ:HWBK)
Historical Stock Chart
From Apr 2024 to May 2024
Hawthorn Bancshares (NASDAQ:HWBK)
Historical Stock Chart
From May 2023 to May 2024