Horizon Bancorp, Inc. Announces Retirement of Craig Dwight as Chairman and Enhancements to Board of Directors Structure

Core Points - Horizon Bancorp, Inc. announced the retirement of Craig Dwight as Chairman of the Board effective May 1, 2025, after providing written notice on February 24, 2025, which was accepted by the Board on February 25, 2025 [1] - Eric Blackhurst has been elected as the new Independent Chairperson, effective upon Mr. Dwight's retirement, bringing over seven years of experience as a Company Director and a notable background in corporate governance [1][2] - The role of Independent Lead Director, currently held by Michele Magnuson, will be retired, although she will remain on the Board and continue serving on the Compensation and Governance Committees [1][2] - Larry Magnesen has joined the Horizon Bank's Board of Directors effective February 25, 2025, bringing over 20 years of experience in marketing and corporate communications from his previous roles at Fifth Third Bank [2] Company Overview - Horizon Bancorp, Inc. is a nearly $8 billion asset bank holding company for Horizon Bank, serving customers across Midwestern markets with a range of digital tools and physical branches in Indiana and Michigan [3] - The bank's retail offerings include residential, indirect auto, and secured consumer lending, along with personal banking and wealth management solutions [3] - Horizon also provides business banking and treasury management services, with commercial lending representing over half of total loans [3]