1. William J. Otten promoted to Executive Vice President and Chief Credit Officer. 2. Bill Dishman transitions to Senior Credit Advisor before retiring in October 2026. 3. Both promotions highlight strong internal leadership and strategic continuity at SYBT. 4. SYBT has $9.31 billion in assets, indicating robust financial standing. 5. John Hanks promoted to Director of Commercial Lending, enhancing leadership team.
FAQ
Why Bullish?
The internal promotions may signal effective leadership continuity and operational strength, potentially boosting investor confidence. Historical examples show that executive stability can correlate with improved stock performance.
How important is it?
The promotions highlight key leadership transitions that could affect investor perception and operational success, thereby influencing stock performance. Leadership quality is critical for bank performance.
Why Long Term?
Otten's promotion supports strategic stability, affecting growth positively over the longer term as he implements his vision. Past instances where leadership changes led to sustained growth suggest similar outcomes here.
Related Companies
Stock Yards Bancorp Promotes William Otten to Chief Credit Officer as William Dishman Prepares for Retirement
LOUISVILLE, Ky., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ: SYBT) has announced the promotion of William J. Otten to the position of Executive Vice President and Chief Credit Officer. This transition will take effect on April 1, 2026, coinciding with William M. Dishman's move to Senior Credit Advisor as he approaches his retirement on October 15, 2026.
Leadership Transition at Stock Yards Bancorp
James A. (Ja) Hillebrand, Chairman and Chief Executive Officer, expressed gratitude towards Bill Dishman for his commendable 16-year service as Chief Credit Officer. Hillebrand stated, “Bill’s unwavering commitment to excellence, sound judgment, and principled leadership have been instrumental in building the strong foundation we stand on today.”
He also praised Otten’s promotion, acknowledging his years of dedicated service and success in enhancing asset quality across the loan portfolio. Hillebrand remarked, “This promotion reflects Bill Otten’s years of dedicated service to Stock Yards and his proven ability to enhance asset quality and administration across our loan portfolio.”
William Otten's Extensive Banking Experience
Otten comes to his new role with over 35 years of experience in the banking sector. He joined Stock Yards Bank in 2007 and has held the Director of Commercial Banking position since 2014, where he has been pivotal in driving commercial growth within the Company’s regional footprint. Otten’s previous leadership experience includes significant roles at Fifth Third Bank and Old National Bank.
New Appointment in Commercial Lending
In addition to Otten's promotion, Stock Yards Bancorp has appointed John Hanks as Director of Commercial Lending at Stock Yards Bank & Trust Company. Hanks brings over 35 years of banking experience to his new role, having progressed through various positions since commencing his career at Liberty National Bank.
- Career progression: Commercial Loan Officer at Stock Yards Bank since 2004
- Promoted to Division Manager in the Commercial Lending Department in 2017
- Education: Bachelor of Science in Business Administration (1989) and MBA (1994) from the University of Louisville
About Stock Yards Bancorp
Based in Louisville, Kentucky, Stock Yards Bancorp, Inc. is the parent company of Stock Yards Bank & Trust Company, which was founded in 1904. With total assets of approximately $9.31 billion, the Company plays a significant role in regional banking. Its common shares are traded on the NASDAQ Stock Market under the symbol SYBT.
For more information about Stock Yards Bancorp and its services, please visit www.syb.com.
Contact Information
T. Clay Stinnett
Executive Vice President, Treasurer and Chief Financial Officer
Phone: (502) 625-0890