Portage Community Bank Mourns the Loss of a Beloved Leader

Portage Community Bank Mourns a Valued Executive
It is with a heavy heart that Portage Community Bank (PCB) announces the untimely passing of Donald D. "Don" Herman, who served as the Executive Vice President and Chief Financial Officer. Don's dedication to the bank and its mission has left an indelible mark on both his colleagues and the community.
A Legacy of Leadership and Integrity
Mr. Herman's journey with PCB began in 1999 when he joined as the bank's senior financial officer. His expertise and leadership skills led to his promotion as the CFO in 2009. Throughout his impressive tenure, Don played a key role in navigating the bank through various financial landscapes, fostering growth and stability, all while maintaining a strong community-centric approach.
A Tribute from Leadership
Connie M. Bennett, Chief Executive Officer of PCB, expressed her profound sadness regarding Don's passing. "We are deeply saddened by the loss of our longtime colleague and dear friend. Don's business acumen and strategic insights were invaluable to us. His ability to inspire those around him made a lasting impact on the entire team. We will greatly miss him," she remarked.
Community Impact and Personal Life
Under Don's leadership, PCB successfully achieved record growth while adhering closely to its core mission of being "Neighbors Serving Neighbors." Beyond the professional realm, Don was a devoted family man. He is survived by his wife, Delinda, their daughter Emma, stepson Boston Walden, along with many family members, friends, and colleagues who will remember him fondly.
Transitioning Leadership
As the bank begins the process of finding a permanent successor, Robert S. Standardi, the Executive Vice President and Chief Operating Officer, will serve as the interim CFO. The Board of Directors is committed to facilitating a smooth transition that honors Don's immense contributions to the bank's success.
A Commitment to Support
Connie Bennett reaffirmed the bank's support for Don's family during this difficult time, stating, "Our thoughts and prayers are with Don's family. We have lost not just a CFO but a true friend and extraordinary human being." PCB remains dedicated to carrying forward the values and vision that Don represented.
Contact and Community Engagement
For media inquiries, please contact Connie M. Bennett, Chief Executive Officer, at (330) 296-8090.
About Portage Community Bank
Portage Community Bank strives to provide both commercial and personal banking solutions while promoting growth in our communities. Our philosophy of "Neighbors Serving Neighbors" encapsulates our commitment to excellent customer service and community involvement. We aim to meet the financial needs of our clients and contribute to our community's economic well-being. Portage Community Bank is an equal housing lender and a member of the FDIC.
Frequently Asked Questions
Who was Donald D. Herman?
Donald D. Herman served as the Executive Vice President and Chief Financial Officer of Portage Community Bank.
When did Donald D. Herman pass away?
Donald D. Herman passed away on a Thursday evening in early July.
What was his role in the bank?
Mr. Herman played a crucial role in the bank's growth, stability, and financial stewardship throughout his career at PCB.
What is PCB's mission?
PCB's mission is to be "Neighbors Serving Neighbors," focusing on community support and customer service.
Who will take over his responsibilities?
Robert S. Standardi will assume the role of Chief Financial Officer on an interim basis.
About The Author
Contact Thomas Cooper privately here. Or send an email with ATTN: Thomas Cooper as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.