German American Bancorp, Inc. (GABC) Appoints Dr. Sue Ellspermann to Corporate Board of Directors
June 28 2021 - 5:53PM
German American Bancorp, Inc. (Nasdaq: GABC) announced today the
appointment of Dr. Sue Ellspermann, President of Ivy Tech Community
College, to its corporate board of directors effective as of July
1, 2021.
Dr. Ellspermann currently serves as president of
Ivy Tech Community College, Indiana’s largest post-secondary
institution and the nation’s largest singly-accredited statewide
post-secondary institution. She previously served as Indiana’s
Lieutenant Governor and as an Indiana State Representative. Her
earlier career includes being a founding director of the University
of Southern Indiana’s Center for Applied Research and Economic
Development, and an owner of Ellspermann and Associates, Inc., a
business focused on creative problem solving and strategic
planning, and holding industrial engineering positions at GM,
Michelin and Frito-Lay. Dr. Ellspermann holds a M.S. and PhD in
Industrial Engineering from University of Louisville and a BSIE
from Purdue University. She is a resident of Dubois County,
Indiana, which is the base of operations for German American.
“Sue will bring both a depth of experience and a
fresh perspective on several levels to our Board,” stated Mark A.
Schroeder, German American’s Chairman & CEO. “Ivy Tech’s
presence throughout the State, and in particular within the markets
in which we do business, allows Sue to have meaningful local
knowledge about each of these areas. Additionally, her unique
perspective as it relates to the academic, corporate, and
governmental environment, will be invaluable to German American as
we strive to enhance each of these sectors of our business. Sue has
focused much of her career on serving the broader community and the
public sector. That experience, as well as her expertise and
leadership in economic development and civil service gained during
her time as Indiana’s Lieutenant Governor, will most certainly be a
significant asset to German American.”
“I am pleased to join the German American Board
of Directors,” stated Dr. Ellspermann. “As a native and resident of
Dubois County, I have had the fortune to observe, on a first hand
basis, German American’s exceptional level of growth and
performance over the past decade. German American’s focus on
partnering with local communities, clients, and team members to
help all stakeholders of the bank to grow and prosper aligns
perfectly with my passion for helping others achieve their next
level of success. I’m excited to become part of German American’s
efforts to drive the continued growth and prosperity of the Company
and the clients and communities they serve in the coming
years.”
About German American
German American Bancorp, Inc. is a Nasdaq-traded
(symbol: GABC) financial holding company based in Jasper, Indiana.
German American, through its banking subsidiary German American
Bank, operates 68 banking offices in 19 contiguous southern Indiana
counties and eight counties in Kentucky. The Company also owns an
investment brokerage subsidiary (German American Investment
Services, Inc.) and a full line property and casualty insurance
agency (German American Insurance, Inc.).
For additional information, contact:Mark
A Schroeder, Chairman & Chief Executive
OfficerD. Neil Dauby, President & Chief
Operating Officer (812) 482-1314
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8998b30a-c988-4628-bad9-2d14fa40f593
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