Gary C. Kern Joins The Middlefield Banking Company as Chief Information Officer
June 30 2020 - 8:00AM
The Middlefield Banking Company (NASDAQ: MBCN) today announced that
Gary C. Kern has joined the Company as Chief Information Officer.
In this position, Mr. Kern will lead the Company’s IT strategy
development and implementation to support Middlefield’s corporate
goals and compliance requirements.
President and CEO Thomas G. Caldwell stated,
“Gary is a proven IT executive and recognized leader and
influencer. Executing our IT strategy is critically important to
our organization as more customers engage with the Bank through
digital, mobile, and online resources. I look forward to his
contributions as we execute our growth initiatives.”
Prior to joining Middlefield, Mr. Kern spent 15
years at MutualBank in Muncie, IN most recently as Chief
Information Officer, and Vice President of Strategic Development of
their cyber security affiliate. As CIO, Mr. Kern oversaw all
aspects of the company’s IT infrastructure and cyber security,
governance and project management encompassing more than 40
locations. Mr. Kern’s professional career also includes technology
leadership roles at Conseco Insurance Group and Lincoln Financial
Group. Mr. Kern has been named a Premier 100 IT Leader by
Computerworld and a Top 25 Community Bank Social Media Influencer
by the Independent Community Bankers of America. Mr. Kern earned
his MBA from Indiana University/Purdue University – Fort Wayne, his
BS in Business-Quantitative Analysis from Indiana University –
Bloomington, and graduated from the Graduate School of Banking at
the University of Wisconsin – Madison.
About Middlefield Banc
CorpMiddlefield Banc Corp., headquartered in Middlefield,
Ohio, is the bank holding company of The Middlefield Banking
Company with total assets of $1.21 billion at March 31, 2020. The
bank operates 16 full-service banking centers and an LPL Financial®
brokerage office serving Beachwood, Chardon, Cortland, Dublin,
Garrettsville, Mantua, Middlefield, Newbury, Orwell, Plain City,
Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also
operates a Loan Production Office in Mentor, Ohio.
Additional information is available
at www.middlefieldbank.bank
This press release of Middlefield Banc
Corp. and the reports Middlefield Banc Corp. files with the
Securities and Exchange Commission often contain “forward-looking
statements” relating to present or future trends or factors
affecting the banking industry and, specifically, the financial
operations, markets and products of Middlefield Banc Corp. These
forward-looking statements involve certain risks and uncertainties.
There are a number of important factors that could cause
Middlefield Banc Corp.’s future results to differ materially from
historical performance or projected performance. These factors
include, but are not limited to: (1) a significant increase in
competitive pressures among financial institutions; (2) changes in
the interest rate environment that may reduce interest margins; (3)
changes in prepayment speeds, charge-offs and loan loss provisions;
(4) less favorable than expected general economic conditions; (5)
legislative or regulatory changes that may adversely affect
businesses in which Middlefield Banc Corp. is engaged; (6)
technological issues which may adversely affect Middlefield Banc
Corp.’s financial operations or customers; (7) the effect of the
COVID-19 pandemic, including on our credit quality and business
operations, as well as its impact on general economic and financial
market conditions; (8) changes in the securities markets; or (9)
risk factors mentioned in the reports and registration statements
Middlefield Banc Corp. files with the Securities and Exchange
Commission. Middlefield Banc Corp. undertakes no obligation to
release revisions to these forward-looking statements or to reflect
events or circumstances after the date of this press
release.
Company Contact: |
Investor and Media Contact: |
Thomas G. CaldwellPresident/Chief
Executive OfficerMiddlefield Banc Corp.(440) 632-1666 Ext.
3200tcaldwell@middlefieldbank.com |
Andrew M. BergerManaging
DirectorSM Berger & Company, Inc. (216)
464-6400andrew@smberger.com |
Middlefield Banc (NASDAQ:MBCN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Middlefield Banc (NASDAQ:MBCN)
Historical Stock Chart
From Sep 2023 to Sep 2024