Michigan City-based Horizon Bank has begun succession planning for its outgoing Chief Financial Officer Mark Secor.
Secor will continue in his role as executive vice president and CFO during a national search for his successor. He also will provide support during the transition until April 30. He has been with the company for 16 years.
“During (Secor’s) tenure, Horizon grew by nearly six-fold to become the $8 billion bank holding company it is today,” said President and Chief Executive Officer Thomas Prame in a press release. “As we commence a national search for a new CFO, we are fortunate to have the benefit of Mark’s continued leadership and counsel. I look forward to working closely with him during the transition and exploring how Mark can continue to help accelerate Horizon’s strategic growth plans.”
The bank also announced a restructuring of its mortgage and consumer lending division. Noe Najera, executive vice president of senior retail and mortgage lending, left the company after 16 years.
“Our organization has a strong and tenured depth of leadership in our mortgage, warehouse and consumer lending divisions,” Prame said. “I am confident in their continued success and ability to exceed the needs of the clients and communities we serve.”
Prame said the company has a long history of developing leaders during its 150-year history.
“As we evolve as an organization, our core community banking values will remain and continue to focus on the success of our clients, communities and shareholders,” he said.