
Core Insights - Horizon Bancorp has appointed Larry S. Magnesen as an independent director on its Board of Directors, effective October 10, 2025 [1] - Magnesen brings over 40 years of banking experience, having held senior roles at Fifth Third Bank and other financial institutions [2] - His expertise is expected to enhance Horizon's strategic growth and community support initiatives [3] Company Overview - Horizon Bancorp, Inc. is a commercial bank holding company with assets totaling $7.7 billion as of June 30, 2025 [4] - The company operates in economically attractive Midwestern markets, offering a range of banking services including residential lending, personal banking, wealth management, and business banking [4] - Horizon Bank utilizes digital tools alongside its physical branches in Indiana and Michigan to serve its customers [4]