Horizon Bancorp eliminates CAO role; EVP Mark Secor to depart March 31

HORIZON BANCORP INC /IN/

Chief Administration Officer position eliminated effective March 31, 2026.
Mark E. Secor, EVP and CAO, departs to pursue other opportunities; no disagreement involved.
Secor receives severance: 1 week pay per year of service (max 13 weeks) plus pro-rated 2026 bonus at target.
Company expects to enter customary release and confidentiality agreement with Secor.

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