German American Announces Appointments to its Board of Directors

(JASPER) – German American Bancorp, Inc. (NASDAQ:GABC) announced the appointment of Christine M.Ryan, Jack W. Sheidler and Tyson J. Wagler, CPA, to its Board of Directors.

They have also been appointed to the Asset Liability Finance Committee of the Board of Directors, and to the board of directors of the Company’s bank subsidiary, German American Bank. Mr. Wagler was also appointed to the Company’s Audit Committee.


Mrs. Ryan is the Chief Executive Officer and Chief Nursing Officer of The Women’s Hospital in Newburgh Indiana, which is part of the Deaconess Health System, and Administrator for Deaconess Health System Pediatric Product Line. She received her Masters in Public Affairs/ Health Administration at Indiana University and her Undergraduate Degree in Nursing from Elmhurst College, where she was also awarded an honorary Doctor of Science.

Under her tenure, the Women’s Hospital has been the recipient of the JD Power and Associates award for Inpatient Service Excellence for three years in a row and for ten consecutive years has been recognized for Best Places to Work from Modern Healthcare.

Mrs. Ryan also serves on the Board of Trustees of the University of Southern Indiana in Evansville, Indiana, and has prior banking experience having previously served on German American’s advisory board for its Southwest Region, consisting of Vanderburgh and Warrick County, Indiana.

Mr. Sheidler, the former Chairman of the Board of Citizens First Bank, Inc. of Bowling Green, Kentucky, attended Huntington University and has been an active real estate investor/developer for over 30 years. He is the CEO and principal of various real estate development and investment companies, based in Bowling Green, Kentucky, where Mr. Sheidler

and his family have resided for the past 36 years. His companies primarily focus on multi-family, retail, and office acquisition or development throughout the Southeast. New construction and re-development of assets for long term holding periods are the objective of his companies.

Mr. Wagler is a partner in Frette & Wagler LLC, a Washington, Indiana-based CPA firm, which offers a wide range of tax and accounting services for individuals and a variety of businesses.

He has sixteen years of experience in the accounting profession, holds a Bachelor’s Degree in Accounting from the University of Southern Indiana, and is a member of the American Institute of Certified Public Accountants and the Indiana Certified Public Accountant Society. Mr. Wagler serves on the board of the Daviess County Community Hospital and has prior banking experience having previously served on German American’s advisory board for its West Region, consisting of the Indiana counties of Daviess, Knox, Martin, Pike, and Gibson.

U. Butch Klem, Chair of the Governance/Nominating Committee of the German American Board of Directors, commenting on the appointments stated, “We’re extremely pleased to announce these new appointments to our Board. As part of our ongoing board succession planning process,
we are expanding our board to ensure the seamless continuity of board oversight in the preparation of anticipated board retirements over the course of the next several years. We’re very fortunate to have attracted individuals of the caliber and experience of Chris, Jack and Tyson to serve as part of the next generation of our Board. As we have previously stated, we strive to appoint independent, outside board members, like Chris, Jack, and Tyson, who operate successful businesses within our market area and who are exceedingly knowledgeable about and well-connected within their industry and their local communities. We welcome them to the Corporate Board of Directors and are excited about the counsel they will provide in our Board’s ongoing efforts to maximize long-term shareholder value.”

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