Lakeland Financial Corporation (NASDAQ: LKFN) and Lake City Bank have announced the appointment of Dan Starr and Mindy Creighton Truex to their respective boards of directors. Starr, the CEO of Do it Best Corp., brings two decades of experience in the home improvement industry with a strong commitment to community leadership. Creighton Truex, the President of Creighton Brothers Farms LLC, has extensive experience in the agricultural sector and a deep-rooted connection to the local community.
Lakeland Financial Corporation, a $6.9 billion bank holding company based in Warsaw, Indiana, operates through its single bank subsidiary, Lake City Bank, which was founded in 1872. The bank serves central and northern Indiana communities with 54 branch offices and a robust digital banking platform. The community banking model prioritizes building long-term customer relationships while providing technology-forward solutions for retail and commercial clients.
Starr, with a Juris Doctor degree magna cum laude from the Indiana University School of Law, has held leadership roles in various community organizations and currently serves as the Chairman of the Parkview Health Board of Directors. Creighton Truex, a sixth-generation Kosciusko County farmer, holds a bachelor's degree in agribusiness management from Purdue University and has served on the boards of numerous nonprofit organizations impacting her local community.
The addition of Starr and Creighton Truex to the boards of directors signifies the commitment of Lakeland Financial Corporation and Lake City Bank to bolster corporate governance, leadership, and community engagement, with a focus on driving long-term shareholder value. These appointments reflect the organizations' dedication to integrating proven business and community leaders into their governance structure, aligning with their vision of continued growth and momentum.
As the boards of directors evolve to include diverse expertise and experience, Lakeland Financial Corporation and Lake City Bank are poised to leverage the insights and perspectives of these new members to further strengthen their position within the Indiana markets and uphold their active partnership in driving long-term shareholder value. Today the company's shares have moved -0.03% to a price of $61.47. For the full picture, make sure to review LAKELAND FINANCIAL CORP's 8-K report.
