The Board of Directors of LCNB Corp. announced that Stephen P. Wilson has retired as Chief Executive Officer of LCNB Corp and its subsidiary, LCNB National Bank, effective Dec.31, 2015.
Following his retirement, Wilson will continue to serve as Chairman of the Boards of LCNB Corp. and LCNB National Bank. Additionally, to assist with the transition to his successor, he will continue to be employed by the bank through June 30, 2016.
At the same meeting, the board appointed Steve P. Foster to the position of Chief Executive Officer of LCNB Corp. and LCNB National Bank. Foster assumed these offices on Jan. 1, 2016.
Foster, who has served as President of LCNB Corp. and LCNB National Bank since 2008 and as a Director since 2005, will continue to serve in such capacities following his appointment as Chief Executive Officer.
LCNB Corp. is a financial holding company headquartered in Lebanon. LCNB National Bank is its wholly-owned, FDIC-insured subsidiary with 37 offices in Butler, Clinton, Clermont, Fayette, Hamilton, Montgomery, Preble, Ross and Warren counties. Additional information about LCNB Corp. and information about products and services offered by LCNB National Bank can be found on at www.LCNB.com.