
On April 29, 2026, Richard W. Newsom, Executive Vice President of Community Trust Bancorp, Inc. (the &#34;Company&#34;), notified the Company of his planned retirement effective as of February 5, 2027.


Mr. Newsom currently

<p xmlns="http://www.w3.org/1999/xhtml">
On April 29, 2026, Richard W. Newsom, Executive Vice President of Community Trust Bancorp, Inc. (the "Company"), notified the Company of his planned retirement effective as of February 5, 2027.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Mr. Newsom currently serves and will continue to serve as Executive Vice President of the Company and President of Community Trust Bank, Inc., the Company's wholly owned bank subsidiary, until his planned retirement on February 5, 2027.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Community Trust Bancorp, Inc., with assets of $6.7 billion, is headquartered in Pikeville, Kentucky and has 69 banking locations across eastern, northeastern, central, and south central Kentucky, six banking locations in southern West Virginia, three banking locations in northeastern Tennessee, four trust offices across Kentucky, and one trust office in Tennessee.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260504463304r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260504463304/en/" rel="nofollow">https://www.businesswire.com/news/home/20260504463304/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">FOR ADDITIONAL INFORMATION PLEASE CONTACT MARK A. GOOCH, CHAIRMAN, PRESIDENT AND CEO, COMMUNITY TRUST BANCORP, INC. AT (606) 437-3229.</b>

</p>

CTBI

Community Trust Bancorp, Inc. Announces Planned Retirement of Bank President

Community Trust Bancorp Executive VP to Retire, Transition Ahead

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>On April 29, 2026, Richard W. Newsom, Executive Vice President of Community Trust Bancorp, Inc. (the &amp;#34;Company&amp;#34;), notified the Company of his planned retirement effective as of February 5, 2027.


Mr. Newsom currently</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Richard W. Newsom, Executive Vice President of Community Trust Bancorp, will retire on February 5, 2027. This transition could influence the bank&#039;s strategic direction as it prepares for new leadership during a critical period.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Richard W. Newsom plans to retire on February 5, 2027.</li><li>Newsom is Executive VP and President of Community Trust Bank, Inc.</li><li>Community Trust Bancorp has $6.7 billion in assets.</li><li>The company operates 69 locations in Kentucky and nearby states.</li><li>A leadership change could impact strategic direction and stability.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Community Trust Bancorp, Inc. (CTBI)</strong>: Transition of leadership may create volatility in stock performance.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>The announcement fits within the &#039;Corporate Developments&#039; category, as it pertains directly to key leadership changes that could influence strategic decisions and operational coherence at CTBI, particularly in a time of economic fluctuations.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Leadership transition could affect investor confidence in CTBI.</li><li>Succession planning will be crucial for maintaining operational stability.</li><li>Analyst sentiment may shift based on new management&#039;s strategic focus.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>CTBI has total assets of $6.7 billion.</li><li>Richard W. Newsom&#039;s retirement is set for February 5, 2027.</li><li>CTBI operates 69 banking locations across multiple states.</li><li>The company has trust offices in Kentucky and Tennessee.</li><li>Newsom has served as President of Community Trust Bank, Inc.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider a cautious hold on CTBI amidst upcoming leadership transition risks.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
On April 29, 2026, Richard W. Newsom, Executive Vice President of Community Trust Bancorp, Inc. (the "Company"), notified the Company of his planned retirement effective as of February 5, 2027.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Mr. Newsom currently serves and will continue to serve as Executive Vice President of the Company and President of Community Trust Bank, Inc., the Company's wholly owned bank subsidiary, until his planned retirement on February 5, 2027.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Community Trust Bancorp, Inc., with assets of $6.7 billion, is headquartered in Pikeville, Kentucky and has 69 banking locations across eastern, northeastern, central, and south central Kentucky, six banking locations in southern West Virginia, three banking locations in northeastern Tennessee, four trust offices across Kentucky, and one trust office in Tennessee.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260504463304r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260504463304/en/" rel="nofollow">https://www.businesswire.com/news/home/20260504463304/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">FOR ADDITIONAL INFORMATION PLEASE CONTACT MARK A. GOOCH, CHAIRMAN, PRESIDENT AND CEO, COMMUNITY TRUST BANCORP, INC. AT (606) 437-3229.</b>

</p>

Richard W. Newsom, Executive Vice President of Community Trust Bancorp, will retire on February 5, 2027. This transition could influence the bank's strategic direction as it prepares for new leadership during a critical period.

Community Trust Bancorp, Inc. Announces Planned Retirement of Bank President

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News