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The following board members were elected to continue serving three-year terms as Horizon's board of directors: Robert C. Dabagia, Chairman of Horizon Bancorp; Peter L. Pairitz, business developer; Lawrence E. Burnell, Chief Financial Officer of White Lodging Services Corporation; and Spero W. Valavanis, architect and owner of Design Organization, Inc.
Craig M. Dwight, Chief Executive Officer, said, "We are pleased with the high level of shareholders voting this year and the 95 plus percent approval rating for all shareholder proposals." The shareholder proposals this year consisted of election of four directors to serve a three-year term, ratification of Horizon's independent auditors and a non-binding vote on executive compensation." Mr. Dwight went on to say, "This high approval rating exhibits a vote of confidence by the shareholders of their confidence in the executive officer team. We are humbled by this vote and will continue to work hard to earn and retain the respect and confidence of our shareholders, employees, customers and community."
Horizon Bancorp is a locally owned, independent, commercial bank holding company serving Northern Indiana and Southwest Michigan. Horizon also offers mortgage-banking services throughout the Midwest. Horizon Bancorp may be reached on the World Wide Web at www.accesshorizon.com. Its common stock is traded on the NASDAQ Global Market under the symbol HBNC.
Statements in this press release which express "belief," "intention," "expectation," and similar expressions, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company's management, as well as assumptions made by, and information currently available to, such management. Such statements are inherently uncertain and there can be no assurance that the underlying assumptions will prove to be valid. Actual results could differ materially from those contemplated by the forward-looking statements. Any forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
SOURCE: Horizon Bancorp
Horizon Bancorp Craig M. Dwight, 219-873-2725 Fax: 219-874-9280
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