1st Source Elects Two New Members to its Board of Directors

1st Source Corporation
announces the election to its Board of Directors Tracy D. Graham, Managing
Principal of Graham Allen Partners, LLC and Chief Executive Officer of
Aunalytucs, Inc., and Ronda Shrewsbury Weybright, President and Chief Executive
Officer of RealAmerica, LLC. Mr. Graham brings unique experience in enterprise
technology, cybersecurity, cloud and data center, data analytics and artificial
intelligence while Ms. Shrewsbury Weybright offers experience in multifamily,
commercial, land and office development, and strategic direction to 1st Source
Corporation.
“We are
pleased to add these two Board Members who bring us greater diversity of
thought and perspective. Their backgrounds and experience will blend well with
our already strong Board and their strategic guidance will surely add value to
the future of our organization,” states Chris Murphy, Chairman and Chief
Executive Officer of 1st Source.
Tracy Graham has 25 years of experience in the
information technology industry as an entrepreneur and executive. He leverages
his long history of successfully acquiring and operating businesses to provide
strategic and operational support to a growing portfolio of small- and
middle-market companies. He is currently focused on leveraging analytics and
artificial intelligence to help
companies evolve via
digital transformation. He has been a member of the 1st Source Bank Board of
Directors since 2012 and previously served on the 1st Source Corporation Board
until 2015. He also currently serves on the boards of Lippert (LCI Industries),
the Horton Group, Davenport University, and the Regional Development Authority
of Northern Indiana’s Diversity and Inclusion Committee. Mr. Graham holds a Bachelor
of Arts in Sociology from the University of Notre Dame and attended the Indiana
University Graduate School of Education.
Ronda
Shrewsbury Weybright has over 30 years of experience in multifamily, commercial,
land and office development serving as President of RealAmerica Companies for
26 years. As the sole owner and founder, Ms. Shrewsbury Weybright provides
strategic direction and vision for four Women Business Enterprise-certified,
vertically integrated companies. She holds an active Indiana Principal Brokers
License and seeks opportunities to live out her passion of providing quality, affordable
and supportive housing. She is founder of Legacy25, a non-profit organization
dedicated to providing support and services for affordable housing communities.
She serves as Past President of the Indiana Affordable Housing Council and
Chair of the Governmental Affairs Committee and also serves on the Executive
Board of the Indianapolis Zoo, Near North Development Corporation, Young
Presidents Organization, and other philanthropic boards. Ms. Shrewsbury
Weybright holds a Bachelor of Science Finance/Real Estate from Indiana
University School of Business.
Mr.
Murphy went on to say, “We are pleased our shareholders voted to add these
strong leaders to our Board of Directors. We know they will help the Company
deliver on its mission to help our clients achieve security, build wealth and
realize their dreams by living our values and keeping our clients’ best
interest in mind for the long-term.”
These
elections come as two longstanding colleagues and Board Members enter
retirement. Jim Seitz, former President of 1st Source Bank and Vice Chairman of
the 1st Source Bank Board of Directors, and John Phair, Chairman of the Board
of Holladay Properties and member of the 1st Source Bank and 1st Source
Corporation Boards have both served the organization well for many years and
offered valuable guidance during their tenures. Colleagues within the 1st
Source organization and the Board recognized them for their remarkable service
and extend their gratitude and congratulations to Mr. Seitz and Mr. Phair as
they enter retirement.
Two
current members were also reelected to the Board of 1st Source Corporation by
shareholders. Melody Birmingham serves as Senior Vice President and Chief
Administrative Officer of Duke Energy, which is a role she was recently
promoted to with expanded responsibilities for IT, Administrative Services and
Supply Chain Organization. Ms. Birmingham brings 26 years of leadership and
managerial experience in the electric and automotive manufacturing industries. Mark
D. Schwabero retired as Chairman, Chief Executive Officer and Director of
Brunswick Corporation in 2018 and brings nearly 43 years of experience in the
automotive, marine and commercial vehicle/manufacturing industries. Mr.
Schwabero and Ms. Birmingham both qualify as audit committee financial experts
under SEC guidelines.
All four
above mentioned directors have been elected to terms that end April 2024 and
will be subject to reelection at that time.