1st Source Announces Promotions of Seitz, Short and Buhr
October 27 2014 - 02:39PM
Business Wire
Christopher J. Murphy III, Chairman and CEO of 1st Source
Corporation, announced that 1st Source Bank President Jim Seitz has
been elected President of 1st Source Corporation by the Board of
Directors. Seitz earned the promotion to President of 1st Source
Corporation due to the leadership he has shown as President of the
Bank during the past two years. In his new role, all of the Bank’s
business and commercial banking areas, specialty finance lending
units and banking centers will report to him.
Jim Seitz (Photo: Business Wire)
Similarly, Andrea Short, Chief Financial Officer and Principal
Accounting Officer, has been promoted by the Board to Executive
Vice President of the Corporation with the company’s lending and
deposit operations being added to her accounting and finance
responsibilities. Lastly, Jeff Buhr, Chief Credit Officer of 1st
Source, with responsibility for credit analysis and underwriting,
loan workout and recovery and loan administration was promoted to
Executive Vice President of the Bank.
Seitz joined 1st Source Bank in 1980 as Branch Manager. He has
gained a range of experience throughout his 1st Source career,
serving as Supervisor of Banking Centers, Regional Manager, Manager
of Consumer and Electronic Banking and Executive Vice President.
Seitz received his M.B.A. from the University of Notre Dame and his
B.S. in Business Marketing from Indiana University.
Short began her career at 1st Source in 1998 as Tax Director.
She was later promoted to Vice President and Controller with
responsibilities for all finance and accounting functions for 1st
Source Corporation, its subsidiaries and affiliates. Since 2013,
she has served as Chief Financial Officer and Principal Accounting
Officer. Short is a CPA with a B.A. degree from Alma College. She
has also completed the University of Chicago Booth School of
Business’ Chicago Management Institute.
Buhr started at 1st Source in 2001 as Vice President and Senior
Credit Administrator. In 2002, he was promoted to Senior Vice
President and in 2009 as the bank’s Chief Credit Officer. Buhr
graduated from the University of Idaho. He also received his M.B.A.
from Texas Christian University.
1st Source Corporation, parent company of 1st Source Bank, has
assets of $4.8 billion and is the largest locally controlled
financial institution headquartered in the northern
Indiana-southwestern Michigan area. The Corporation includes 78
banking centers in 17 counties, 21 1st Source Bank Specialty
Finance Group locations nationwide, nine Trust and Wealth
Management locations and eight 1st Source Insurance offices. For
more than 150 years, 1st Source has been committed to the success
of the communities it serves. For more information, visit
www.1stsource.com.
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1st Source CorporationAngie Dvorak, 574-235-2128
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