NorthWest Indiana Bancorp in Munster has appointed its chief executive's son as CEO-in-waiting.
Benjamin Bochnowski will be named chief executive of both the holding company and the $865 million-asset Peoples Bank at the bank's April 28 annual meeting. David Bochnowski will retire from both positions at the annual meeting, though he will remain chairman of both entities.
The younger Bochnowski started work at Peoples Bank in 2010 and has been the bank's president and chief operating officer since January 2015.
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The president's job at Northwest Indiana Bancorp of Munster, Ind., has been passed on to a fourth generation of Bochnowski. The company said Benjamin Bochnowski, who remains the company's chief operating officer, will have the same posts at its bank.
January 15 -
Horizon Bancorp in Michigan City, Ind., has agreed to buy Kosciusko Financial in Mentone, Ind.
February 5 -
German American Bancorp in Jasper, Ind., has agreed to buy River Valley Bancorp in Madison, Ind.
October 26
David Bochnowski joined Peoples Bank in 1977 as legal counsel and was named CEO in 1981. He was the company's largest shareholder, as of Feb. 20, 2015, holding a 12.5% stake.
