Bank announces new chief executive officer
Peoples Bancorp Announces Successor to Outgoing CEO Chuck Sulerzyski
In a significant move, Peoples Bancorp, a leading community bank, has announced that Tyler Wilcox, the current executive vice president of community banking, will succeed Chuck Sulerzyski as CEO on April 1, 2023. This follows Sulerzyski's decision to retire on March 31, 2023, after 12 years of leading the bank.
Sulerzyski joined Peoples Bancorp as president and CEO in 2011, and under his tenure, the bank's assets have nearly quintupled, reaching $8.8 billion. During his time at the helm, he has been instrumental in the bank's growth and impact on its clients and communities.
Tyler Wilcox, who joined Peoples Bancorp in 2008, has held various leadership positions within the bank, serving as a regional president, director of human resources, and associate general counsel. His extensive experience and deep understanding of the bank's operations make him a natural choice for the top job.
Wilcox has worked closely with Sulerzyski in all aspects of the business during his tenure, and Sulerzyski believes that Peoples Bancorp will thrive under Wilcox's leadership. Wilcox will also join Peoples Bancorp's board of directors.
The transition of leadership at Peoples Bancorp was planned by the board for several years, and a search for Sulerzyski's successor in community banking has been underway. The board is confident that Wilcox is the right person to lead the bank into the future.
In April 2022, Peoples Bancorp completed a $208 million acquisition of Louisville-based Limestone Bank, marking a significant expansion for the bank. The acquisition was one of many strategic moves made under Sulerzyski's leadership.
There is no information available about Susann Rector or her role as the current chairwoman of the supervisory board at Peoples Bancorp. Rector's involvement in the succession process is not clear.
Sulerzyski is proud of the organization Peoples Bancorp has become and the impact it has had on its clients and communities. He expressed his gratitude to the board, employees, and clients for their support during his tenure and wished Wilcox the best of luck in his new role.
As Wilcox prepares to take over as CEO, he expressed his excitement for the opportunity and his commitment to continuing Peoples Bancorp's growth and success. The bank's employees, clients, and stakeholders look forward to seeing what the future holds under Wilcox's leadership.
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