COLDWATER, MI (WTVB) – John Waldron has been appointed by the Southern Michigan Bancorp and Southern Michigan Bank and Trust board of directors to serve as President and Chief Executive Officer. The appointment was effective on Tuesday.
He will take over for C.E.O. John Castle and President Kurt Miller who are planning to retire from Southern Michigan Bancorp and Southern Michigan Bank & Trust.
Waldron joined Southern in May 2022 to serve as president of the bank’s Jackson market. He has nearly three decades of commercial banking and leadership experience.
According to a statement from Southern, Castle will continue to serve as chairman of the board while Miller will transition to serve as vice chairman.
Until their retirement in June 2024, Castle and Miller will support Waldron in managing the day-to-day operations of Southern.
Southern will continue to be headquartered in Coldwater, as it has been since its founding in 1872. All current members of the leadership team will remain in place.
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