1st Source Elects Two Women Leaders to Board of Directors
April 23 2018 - 11:45AM
Business Wire
Duke Energy Indiana President and Deputy Chief
Management Officer, DOD, Join Board of Directors
1st Source Corporation announces the election to its Board and
to the 1st Source Bank Board of Melody Birmingham-Byrd, President
of Duke Energy Indiana, and Lisa W. Hershman, Deputy Chief
Management Officer, U.S. Department of Defense. Together, these new
leaders bring years of experience and insight in business and
operational management, engineering and talent development to 1st
Source Corporation and 1st Source Bank. Both women have operational
and financial experience in their respective areas of expertise.
“We are pleased to add these two new Board Members who bring us
greater diversity of thought and experience in operations, change
management, energy production and distribution, and public
outreach. Their backgrounds and experience will blend well with our
already strong Board,” stated Chris Murphy, Chairman of 1st Source
Bank.
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Melody Birmingham-Byrd, President of Duke
Energy Indiana, elected to Board of Directors for 1st Source
Corporation. (Photo: Business Wire)
Melody Birmingham-Byrd has 24 years of leadership and managerial
experience in the electric power generation and automotive
manufacturing industries. She is experienced in managing
construction, maintenance, operations, engineering, resource and
project management as well as regulatory affairs, government
relations and community affairs. Ms. Birmingham-Byrd currently
serves on multiple boards of directors and advisory boards
including the Indiana Electric Association, the Indiana Chamber of
Commerce, Special Olympics Indiana, Central Indiana Corporate
Partnership, The American Association of Blacks in Energy and the
United Way of Indiana. She also serves on the Financial Research
Institute advisory board of The Robert J. Trulaske, Sr. College of
Business, University of Missouri. She has a B.S. in Organizational
Leadership and Supervision from Purdue University, an M.B.A. from
Strayer University, an Honorary Doctorate in Humane Letters from
Saint Mary of the Woods College and graduated from the Advanced
Management Program at Harvard University. “I am honored
to join the board of directors of 1st Source Bank, an
institution that has remained committed to its customers
and communities for over 150 years. I look forward to
helping the board and company leadership continue to
build on its legacy and advance its mission,”
Birmingham-Byrd commented.
Lisa W. Hershman has 31 years of leadership and management
experience in consulting, turnarounds, business process management,
operational management and engineering. On April 3, 2018 she was
sworn in as the Deputy Chief Management Officer of the U.S.
Department of Defense. She brings expertise in process management,
innovation and redesign, managing mergers and acquisitions, and
leadership training and education. Ms. Hershman currently serves on
the Indiana Commission for Higher Education and previously served
as the Chair of Avnet Inc.’s Executive Women’s Forum, National
Secretary of the Business and Professional Women’s Organization,
and as Commissioner on the Indiana Commission for Women. She has
been a board member for the Center of Interactive Learning and
Collaboration, the Consortium for Advanced Management
International, and The Richard G. Lugar Excellence in Public
Service Series. She also served on the Advisory Council for the
Entrepreneurship Center of Miller College of Business at Ball State
University. She has a B.S. in Industrial Distribution (Engineering
and Management) from Clarkson University, an Executive Certificate
in Innovation through IMD/MIT, and an Executive Certificate in
Finance from Cornell University. “I am pleased to be joining the
Board of a company so committed to the success of the communities
it serves and ensuring that its people and the company are part of
the social and economic fabric of each of its Indiana and Michigan
communities,” Hershman added.
Mr. Murphy went on to say, “1st Source is pleased to have these
strong leaders join its board of directors and know they will help
the company deliver on its mission to help our clients achieve
security, build wealth, and realize their dreams, giving them
straight talk and sound advice keeping their best interests in mind
for the long term.”
Both directors are being elected to terms that end April 2021
and will be subject to reelection at that time.
1st Source Corporation, parent company of 1st Source Bank, has
assets of $6.05 billion and is the largest locally controlled
financial institution headquartered in the northern
Indiana-southwestern Michigan area. The Corporation includes 79
banking centers, 23 1st Source Bank Specialty Finance Group
locations nationwide, eight Wealth Advisory Services locations and
ten 1st Source Insurance offices. For more than 150 years, 1st
Source has been committed to our mission of helping our clients
achieve security, build wealth and realize their dreams. For more
information, visit www.1stsource.com.
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1st Source CorporationSara Jenning, 574-235-2128
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