Horizon Bancorp, Inc. Announces Retirement of James B. Dworkin and Resignation of Julie S. Freigang from the Board of Directors
Rhea-AI Summary
Horizon Bancorp (NASDAQ: HBNC) announced the retirement of James B. Dworkin from the Board effective at the end of his term on May 7, 2026, and the immediate resignation of Julie S. Freigang from the Board effective January 20, 2026. The board accepted both notices on January 20, 2026. Dworkin has served on Horizon’s board since 2003 and on Horizon Bank’s board since 2002, serving on the Audit Committee and as Chair of the Wealth Committee. Freigang joined Horizon Bank’s board in 2019, was appointed to the company board in January 2020, served on the Audit Committee, and chaired the Cyber Security Committee. Management thanked both directors for their service.
Positive
- Dworkin provides orderly transition by retiring at term end on May 7, 2026
- Dworkin brings longstanding continuity with board service since 2002/2003
Negative
- Immediate vacancy in Cyber Security Committee following Freigang resignation on January 20, 2026
- Audit Committee will see membership changes after both departures
News Market Reaction – HBNC
In the Jan 26 session, HBNC declined 1.25%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MICHIGAN CITY, Ind., Jan. 26, 2026 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced that James B. Dworkin will retire from the Board of Directors effective at the expiration of his current term on May 7, 2026. Mr. Dworkin provided written notice of his decision on January 20, 2026, which was accepted by the Board of Directors on that same day.
Also, in an unrelated action, on January 20, 2026, Julie S. Freigang submitted notice of her resignation from the Board of Directors, effective January 20, 2026, which was accepted by the Board of Directors on that same day.
“Jim’s and Julie’s insightful engagement and dedication will certainly be missed. They are strong independent directors with accomplished careers, and the governance they’ve provided has been critical to the Bank’s growth,” according to Eric P. Blackhurst, Charman of the Board of Directors. “We appreciate Jim’s more than two decades commitment to helping Horizon Bank become a leading community banking franchise in the Midwest, and I want to thank Julie for the guidance she has provided to our Board around the everchanging landscape of cyber security related risks.”
James B. Dworkin, Chancellor Emeritus & Professor of Management Mitchell E. Daniels School of Business Purdue University North Central, has served on Horizon’s Board of Directors since 2003, and on the Board of Directors of Horizon Bank since 2002. In this role, he served as a member of Horizon’s Audit Committee and the Chair of the Wealth Committee.
Julie S. Freigang, Vice President & Chief Information Officer of CF Industries Holdings, Inc. has served on the Board of Directors of Horizon Bank since 2019 and was appointed to the Horizon Board of Directors in January 2020. In this role, she served as a member of the Audit Committee and was the Chair of the Cyber Security Committee.
“On behalf of the Horizon team, I’d like to thank Jim and Julie for their dedicated service to Horizon’s Board of Directors,” stated Thomas Prame, Horizon’s President and Chief Executive Officer. “Both Jim and Julie have provided Horizon great counsel and leadership over their years of service. We have benefited from their dedicated service and the strategic direction provided to our leadership teams.”
About Horizon Bancorp, Inc.
Horizon Bancorp, Inc. (NASDAQ GS: HBNC) is the
| Contact: | Mark E. Secor |
| Chief Administration Officer | |
| Phone: | 219-873-2611 |
