leadership
confidence high
sentiment neutral
materiality 0.50
Isabella Bank terminates CFO Schaefer; McDonnell named interim CFO
ISABELLA BANK CORP
- William M. Schaefer terminated as CFO effective Aug 28, 2025; no disagreement on operations or controls.
- Neil McDonnell, President of Isabella Bank, appointed interim CFO; he served as CFO for six years before becoming Bank President in Jan 2024.
- National search for a permanent CFO is underway; McDonnell will continue as Bank President.
item 5.02