secwatch.observer — SEC 8-K summary
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Issuer:     HORIZON BANCORP INC /IN/ (HBNC)
CIK:        0000706129
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0000706129-24-000072
Event type: leadership
Sentiment:  positive
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Bancorp names John Stewart CFO; Secor transitions to CAO role
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- John Stewart appointed EVP & CFO effective May 20, 2024; base salary $440K, signing bonus $200K, 79,590 restricted stock shares.
- Mark Secor, CFO for 16 years, becomes Chief Administration Officer; bonus amended to $53,254.88 for extra CFO days.
- Stewart previously Deputy CFO of $30B First Interstate BancSystem; brings 22 years financial services experience.
- Secor oversaw Horizon's growth from $893M to $7.8B and integration of 12 mergers during tenure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706129/000070612924000072/0000706129-24-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706129/000070612924000072/hbnc-20240513.htm
  HTML page:      https://secwatch.observer/filing/0000706129-24-000072

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer