---
schema_version: "secwatch.filing_event.v1"
accession: "0000732417-25-000002"
form_type: "8-K"
ticker: "HBIA"
cik: "0000732417"
company_name: "HILLS BANCORPORATION"
filed_at: "2025-01-03T23:59:59+00:00"
generated_at: "2026-05-28T16:36:27.544354+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Lisa Shileny becomes President and CEO of Hills Bancorporation effective Jan 1, 2025

## Summary
- Appointment effective January 1, 2025; previously announced on October 8, 2024.
- Base salary set at $500,000 per year; eligible for discretionary bonuses, equity awards, and ESOP contributions.
- Ms. Shileny has been with the company since 2005, most recently serving as President and COO.
- No family relationship with directors/executives; no reportable transactions over $120,000 except ordinary loans.

## SEC filing metadata
- accession: 0000732417-25-000002
- form_type: 8-K
- ticker: HBIA
- cik: 0000732417
- company_name: HILLS BANCORPORATION
- filed_at: 2025-01-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/732417/000073241725000002/0000732417-25-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/732417/000073241725000002/hbia-20250101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000732417-25-000002
- JSON: https://secwatch.observer/filing/0000732417-25-000002.json
- Plain text: https://secwatch.observer/filing/0000732417-25-000002.txt

## Key facts
- Executive change
  Lisa Shileny was appointed as President and CEO at HILLS BANCORPORATION.
  - Action: appointed
  - Role: President and CEO
  source text: the Board of Directors of Hills Bancorporation (the “Company”), appointed Lisa Shileny as President and CEO of the Company and Hills Bank and Trust Company (“Hills Bank”), on October 8, 2024, to be effective January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/732417/000073241725000002/0000732417-25-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.