Stock Yards Bancorp, Inc. Announces Management Changes
October 21, 2020 at 09:03 am
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Stock Yards Bancorp, Inc. announced the election of James A. (Ja) Hillebrand as Chairman of the Board for Stock Yards Bancorp, effective January 1, 2021. Hillebrand will succeed David P. Heintzman, who was named Non-Executive Chairman on October 1, 2018. These changes complete the succession plan for Mr. Heintzman, who had been the Chairman and CEO of Stock Yards through October 1, 2018 and became the Non-Executive Chairman of the board when Hillebrand was promoted from President to CEO. Hillebrand will now serve as Chairman and CEO of the company and Heintzman will continue to serve on the board of the company. Hillebrand is an active member of the Louisville and surrounding communities, serving on the boards of the Cave Hill Cemetery Company, Inc, Kentucky Derby Museum, the Kentucky Bankers Association, Boy Scouts of America – Lincoln Heritage Council, the Fund for the Arts as well as having served on the boards of St. Joseph Children’s Home, the Kentucky Derby Festival and many more. He earned his business administration degree from Bellarmine University.
Stock Yards Bancorp, Inc. is engaged in the business of banking through its subsidiaries, Stock Yards Bank & Trust Company (the Bank). The Company has two segments: Commercial Banking, and WM&T. Commercial Banking segment provides a full range of loan and deposit products to individual consumers and businesses in all its markets through retail lending, mortgage banking, deposit services, online banking, mobile banking, private banking, commercial lending, commercial real estate lending, leasing, treasury management services, international banking, correspondent banking, and other banking services. The Bank also offers securities brokerage services via its banking center network through an arrangement with a third-party broker-dealer in the Commercial Banking segment. WM&T segment provides investment management, financial and retirement planning, and trust and estate services, as well as retirement plan management for businesses and corporations in all markets in which it operates.