Leadership Changes at Stock Yards Bancorp
Stock Yards Bancorp, Inc. (NASDAQ: SYBT), based in Louisville, has exciting news regarding its leadership as it strengthens its executive team for the future. William J. Otten is set to step up as the new Executive Vice President and Chief Credit Officer, effective April 1, 2026. This pivotal move comes as current Chief Credit Officer, William M. Dishman, transitions to the role of Senior Credit Advisor, preparing for his retirement later in the year.
A Grateful Transition
James A. (Ja) Hillebrand, Chairman and Chief Executive Officer of Stock Yards Bancorp, expressed heartfelt appreciation for Dishman's years of dedicated service. Hillebrand praised Dishman’s remarkable 16-year tenure, emphasizing his commitment to excellence as a key contributor to the organization's strong foundation. His legacy of sound judgment and principled leadership will undoubtedly have a lasting impact.
William Otten's Promising Leadership
The promotion of William Otten marks a significant milestone for Stock Yards Bancorp. Hillebrand shared his enthusiasm about Otten's advancement and recognized his extensive banking experience which spans over 35 years. Otten's tenure at Stock Yards began in 2007, and he is instrumental as the Director of Commercial Banking since 2014, significantly enhancing the company's commercial growth throughout its regional footprint.
A Proven Track Record
Otten’s banking journey began long before joining Stock Yards, with influential roles at Fifth Third Bank and Old National Bank. His capacity for strategic leadership and asset management positions him as an invaluable addition to the executive team, especially during this time of transition. His operational insights and proven ability to drive progress forward reflect his deep commitment to the bank's success.
New Addition in Commercial Lending
In addition to Otten’s promotion, Stock Yards Bancorp has also announced the ascent of John Hanks to the role of Director of Commercial Lending at Stock Yards Bank & Trust Company. Hanks, with a noteworthy background comprising over 35 years of banking experience, shares a commitment to the bank’s growth through his previous roles and achievements.
John Hanks' Career Journey
Beginning his career through a management training program at Liberty National Bank, Hanks progressed to significant positions, including nearly 15 years at Chase Bank. Since joining Stock Yards Bank in 2004, he has steadily advanced, demonstrating his proficiency and dedication, highlighted by his promotion to Division Manager in 2017. An alumnus of the University of Louisville, Hanks holds both a Bachelor’s and an MBA, aligning his academic achievements with his robust professional path.
Stock Yards Bancorp: A Financial Leader
Stock Yards Bancorp, Inc., with substantial assets totaling $9.31 billion, serves as a reputable banking entity in the region. Established in 1988, it operates as a bank holding company, and its foundation traces back to Stock Yards Bank & Trust Company, formed in 1904. The bank's common shares are publicly traded on The NASDAQ Stock Market under the ticker symbol “SYBT.” For further details about Stock Yards Bancorp’s services, visit their official website.
For inquiries, reach out to T. Clay Stinnett, Executive Vice President, Treasurer, and Chief Financial Officer at (502) 625-0890.
Frequently Asked Questions
What are the key changes in leadership at Stock Yards Bancorp?
William Otten has been promoted to Chief Credit Officer, while William Dishman transitions to Senior Credit Advisor prior to retirement.
What experience does William Otten bring to his new role?
Otten has over 35 years of banking experience and has been with Stock Yards since 2007, enhancing the company's commercial growth as the Director of Commercial Banking.
Who else has been promoted at Stock Yards Bank?
John Hanks has been promoted to Director of Commercial Lending, bringing over 35 years of banking experience to this role.
What educational background does John Hanks have?
Hanks is a graduate of the University of Louisville, holding both a Bachelor of Science in Business Administration and an MBA.
How significant is Stock Yards Bancorp's asset base?
Stock Yards Bancorp has substantial assets totaling $9.31 billion, reflecting its position as a financial leader in the region.
