Horizon Bancorp elects Michele Magnuson as Lead Director, succeeding Daniel Hopp

HORIZON BANCORP INC /IN/

Daniel Hopp's three-year term as Lead Director expires June 30, 2022; he did not seek re-election due to mandatory retirement age by year-end 2022.
Michele M. Magnuson elected Lead Director effective July 1, 2022, for a three-year term expiring June 30, 2025.
Magnuson has over 33 years of banking experience, previously President and CFO of LaPorte Bancorp and its bank subsidiary.
The decision was not the result of any disagreement with the board or management, per the filing.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Michele M. Magnuson

Lead Director

HBNC · HORIZON BANCORP INC /IN/

Effective: 2022-07-01
Filed: June 24, 2022, 7:59 PM ET

Michele M. Magnuson (formerly, Thompson) was elected to serve as Lead Director.

Departed

Daniel Hopp

Lead Director

HBNC · HORIZON BANCORP INC /IN/

Effective: 2022-06-30
Successor: Michele M. Magnuson
Filed: June 24, 2022, 7:59 PM ET

The Board held this election because the current three–year term of Daniel Hopp, Lead Director, expires on June 30, 2022, and he will reach HBNC’s mandatory retirement age by year–end 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michele M. Magnuson was elected as Lead Director at HORIZON BANCORP INC /IN/.

Action: elected
Role: Lead Director

Exact text from the filing

Michele M. Magnuson (formerly, Thompson) was elected to serve as Lead Director.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Hopp departed as Lead Director at HORIZON BANCORP INC /IN/.

Action: chose not to seek another term
Role: Lead Director

Exact text from the filing

The Board held this election because the current three–year term of Daniel Hopp, Lead Director, expires on June 30, 2022, and he will reach HBNC’s mandatory retirement age by year–end 2022.

View on SEC.gov

HORIZON BANCORP INC /IN/ filing history →

Source: SEC EDGAR

accession 0000706129-22-000068

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