1st Source Announces Two Promotions with an Eye on the Future
23 Novembre 2022 - 7:41PM
Business Wire
1st Source Corporation and 1st Source Bank are pleased to
announce that its Board of Directors has recently made two
promotions with an eye on its future.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20221123005341/en/
Chris Murphy (Photo: Business Wire)
Effective December 1, 2022, Andrea G. Short, President of 1st
Source Bank will also become its CEO. Christopher J. Murphy III
will remain Chairman, President and CEO of 1st Source Corporation
and Chairman of 1st Source Bank. In her new role, Ms. Short will
have Personal Banking, Business Banking, Specialty Finance, Wealth
Advisory Services, Credit, and the Operations functions of the Bank
reporting up through her. She remains an Executive Vice President
of 1st Source Corporation.
Ms. Short is a CPA and joined 1st Source’s Tax Department in
1998 and in 2001 was promoted to Assistant Vice President and Tax
Director. She successfully moved up the ranks as Senior Vice
President and Controller, then Executive Vice President and Chief
Financial Officer, and finally as President of the Bank and
Executive Vice President of the Corporation. She is a graduate of
Alma College with a B.A. in Business with an Accounting focus. She
is also a graduate of the University of Chicago’s Booth School
Chicago Management Institute and recently was graduated from The
Harvard Business School’s Advanced Management Program.
Kevin C. Murphy has been named Chief Digital Officer and been
promoted to Executive Vice President of the Bank and 1st Source
Corporation. Other than interning with 1st Source as a CSR during
his high school and college years, Mr. Murphy officially joined the
Bank in 2006. His career has taken him through many different areas
and management roles in the Bank: IT Web Development, Branch
Systems, Treasury Products and Customer Support, Electronic
Banking, Central Region President, Chief Information Officer and
most recently as Group Head of IT, Marketing, and Digital Strategy.
He was graduated from Wittenberg University with a B.A. in
Political Science, DeVry University (Cum Laude) with a B.S. in
Information Technology, and from the University of Notre Dame
(Magna Cum Laude) with an MBA.
These promotions will take effect December 1, 2022 and recognize
present day responsibilities, bring focus to the company’s most
important challenges, continue a tradition of promoting from
within, and prepare the company and bank for continued leadership
development across the organization as it looks forward to years of
future growth.
1st Source Corporation, parent company of 1st Source Bank, has
assets of $8.1 billion and is the largest locally controlled
financial institution headquartered in the northern
Indiana-southwestern Michigan area. The Corporation includes 79
banking centers, 19 1st Source Bank Specialty Finance Group
locations nationwide, nine Trust and Wealth Advisory Services
locations and 10 1st Source Insurance offices. For more than 155
years, 1st Source has been committed to our mission of helping our
clients achieve security, build wealth and realize their dreams.
For more information, visit https://www.1stsource.com/.
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version on businesswire.com: https://www.businesswire.com/news/home/20221123005341/en/
Lindsey Horner hornerl@1stsource.com 574-235-2506
1st Source (NASDAQ:SRCE)
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