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Horizon Bancorp Announces Leadership Changes in 2025

Story Highlights
  • Craig Dwight will retire as Chairman of Horizon’s Board on May 1, 2025.
  • Eric Blackhurst is appointed as Independent Chairperson, and Larry Magnesen joins Horizon Bank’s Board.
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Horizon Bancorp Announces Leadership Changes in 2025

An update from Horizon Bancorp ( (HBNC) ) is now available.

On February 26, 2025, Horizon Bancorp, Inc. announced the retirement of Craig Dwight as Chairman of the Board, effective May 1, 2025, and the appointment of Eric Blackhurst as the new Independent Chairperson. Blackhurst, who has been a director for over seven years, brings extensive experience from his career at The Dow Chemical Company. Additionally, Horizon welcomed Larry Magnesen to the Board of Directors of Horizon Bank, bringing over 20 years of experience in financial services marketing. These changes are expected to enhance Horizon’s strategic objectives and strengthen its leadership structure.

More about Horizon Bancorp

Horizon Bancorp, Inc. is a nearly $8 billion asset bank holding company for Horizon Bank, serving customers in Midwestern markets through digital tools and branches in Indiana and Michigan. The company offers retail banking services including residential and auto lending, personal banking, and wealth management solutions. Horizon also provides business banking, treasury management, and equipment financing services regionally and nationally, with a focus on commercial lending.

YTD Price Performance: 4.51%

Average Trading Volume: 156,712

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $728.7M

See more insights into HBNC stock on TipRanks’ Stock Analysis page.

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