MutualFirst Financial Inc. announced that pursuant to the agreement, the Board of Directors of the company appointed Richard J. Lashley as a director of the company with a term commencing on February 26, 2015 and expiring at the company's 2017 annual meeting of shareholders. The Board committees to which Mr. Lashley will be appointed have not yet been determined. Mr. Lashley is a co-founder and principal of PL Capital since 1996.