SOUTH BEND — Christopher J. Murphy III, Chairman and CEO of 1st Source Corporation, announced that 1st Source Bank President Jim Seitz has been elected President of 1st Source Corporation by the Board of Directors. Seitz earned the promotion to President of 1st Source Corporation due to the leadership he has shown as President of the Bank during the past two years. In his new role, all of the Bank’s business and commercial banking areas, specialty finance lending units and banking centers will report to him.
Similarly, Andrea Short, Chief Financial Officer and Principal Accounting Officer, has been promoted by the Board to Executive Vice President of the Corporation with the company’s lending and deposit operations being added to her accounting and finance responsibilities. Lastly, Jeff Buhr, Chief Credit Officer of 1st Source, with responsibility for credit analysis and underwriting, loan workout and recovery and loan administration was promoted to Executive Vice President of the Bank.
