Old National Names Joe Chasteen Chief Revenue Enablement Officer

Rhea-AI Summary

Old National (NASDAQ: ONB) appointed Joe Chasteen as Chief Revenue Enablement Officer on February 6, 2026, a newly created role to drive organic growth and revenue generation. Chasteen brings over 27 years of business banking leadership and will office in Troy, Mich., reporting to Tim Burke.

The role will standardize enterprise sales processes, advance CRM use, and lead sales enablement, data/reporting, market leadership frameworks, and go-to-market execution. Old National has approximately $72 billion of assets and $37 billion of assets under management.

Key Figures

Industry experience: 27 years Total assets: $72 billion Assets under management: $37 billion +2 more

5 metrics

Industry experience 27 years Joe Chasteen’s business banking and leadership experience

Total assets $72 billion Old National assets referenced in company description

Assets under management $37 billion Old National AUM referenced in company description

Founding year 1834 Roots of Old National traced back to 1834

Civic 50 50 companies Points of Light’s list of most community-minded U.S. companies

Market Reality Check

Price: $25.56 Vol: Volume 3,537,290 is 13% a...

normal vol

$25.56 Last Close

Volume Volume 3,537,290 is 13% above the 20-day average of 3,120,266. normal

Technical Price $25.56 is trading above the 200-day MA at $21.89, near the $25.94 52-week high.

Peers on Argus

ONB slipped 0.39% while key regional bank peers (CBSH, CFR, WTFC, ZION, UMBF) sh...

ONB slipped 0.39% while key regional bank peers (CBSH, CFR, WTFC, ZION, UMBF) showed small gains between 0.17% and 1.00%, indicating a stock-specific move rather than a sector-wide trend.

Historical Context

5 past events · Latest: Jan 22 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 22	Reputation award	Positive	+0.9%	Recognition for high client satisfaction in dispute resolution management.
Jan 21	Earnings results	Positive	+4.9%	Reported strong 4Q25 and full-year 2025 earnings and profitability metrics.
Jan 05	Earnings schedule	Neutral	+1.6%	Announced timing and access details for Q4 and full-year earnings call.
Nov 18	Client outreach	Positive	+0.9%	Client Appreciation Week with events and a $10,000 prize drawing.
Nov 12	Dividend declaration	Positive	-0.9%	Board-approved cash dividends for common and preferred shareholders.

Pattern Detected

Recent news, including awards and earnings, generally saw modestly positive price reactions, with a single small divergence on a dividend announcement.

Recent Company History

Over the past several months, ONB has highlighted steady operational and reputational momentum. Earnings on Jan 21, 2026 featured solid profitability metrics and saw the strongest one-day move. Awards and client-focused initiatives, such as the Trust in Banking recognition and Client Appreciation Week, produced smaller positive reactions. A dividend declaration in Nov 2025 coincided with a mild decline. Today’s leadership appointment fits a pattern of incremental, strategy-oriented updates rather than transformative events.

Market Pulse Summary

This announcement underscores ONB’s emphasis on organic growth and disciplined sales execution throu...

Analysis

This announcement underscores ONB’s emphasis on organic growth and disciplined sales execution through a new Chief Revenue Enablement Officer role. The move follows recent milestones including solid 2025 earnings and recognition for client dispute resolution. Investors may monitor how enhanced sales processes, CRM usage, and go‑to‑market execution translate into future performance, while also keeping an eye on ongoing insider activity and the bank’s positioning near its 52‑week high.

Key Terms

assets under management

1 terms

assets under management financial

"With approximately $72 billion of assets and $37 billion of assets under management,"

Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.

AI-generated analysis. Not financial advice.

EVANSVILLE, Ind., Feb. 06, 2026 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”) has appointed Joe Chasteen to the role of Chief Revenue Enablement Officer, a newly-created strategic leadership position focused on organic growth and revenue generation.

Chasteen brings more than 27 years of business banking and enterprise leadership experience to Old National, previously holding senior roles at several large financial institutions across the country. Across those organizations Joe has led large teams spanning multiple regions, building sales strategies, guiding integrations, and supporting the growth of business clients of all sizes.

A core focus of the Chief Revenue Enablement Officer role will be establishing and reinforcing Old National’s enterprise-wide disciplined sales processes, including further advancing the use of customer relationship management tools and leading efforts across sales enablement, data and reporting, market leadership frameworks, and go-to-market execution.

“Joe’s background demonstrates a unique combination of deep banking expertise, proven leadership, and disciplined execution,” said Old National President & Chief Operating Officer Tim Burke. “His track record of building high-performing teams and driving consistent results across organizations, along with his highly collaborative approach, will bring even more rigor, consistency, and accountability to our sales delivery.”

Chasteen holds a B.A. in Marketing Management from Michigan State University and an M.S. in Finance from Walsh College. He resides in Michigan and will office in Troy, Mich., reporting directly to Burke.

ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $72 billion of assets and $37 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light named Old National one of "The Civic 50" -- an honor reserved for the 50 most community-minded companies in the United States.

Investor Relations:
Lynell Durchholz
(812) 464-1366
lynell.durchholz@oldnational.com

Media Relations:
Rick Vach
(904) 535-9489
rick.vach@oldnational.com

FAQ

Who is Joe Chasteen and what is his new role at Old National (ONB) as of Feb 6, 2026?

Joe Chasteen was named Chief Revenue Enablement Officer on Feb 6, 2026. According to the company, he has more than 27 years of business banking and enterprise leadership experience and will lead sales enablement and go-to-market execution.

What will the Chief Revenue Enablement Officer role at Old National (ONB) focus on?

The role focuses on establishing disciplined sales processes and revenue generation. According to the company, responsibilities include advancing CRM adoption, sales enablement, data and reporting, market leadership frameworks, and go-to-market execution.

How does Joe Chasteen report within Old National (ONB) and where will he be based?

Chasteen will report directly to Tim Burke and will office in Troy, Michigan. According to the company, this reporting line places him within enterprise operations to align sales strategy with executive leadership.

What experience does Joe Chasteen bring to Old National (ONB)?

Chasteen brings over 27 years of banking leadership, leading large regional teams and sales strategies. According to the company, his background includes integrations, enterprise sales leadership, and driving growth for business clients of all sizes.

What scale and footprint does Old National (ONB) have relevant to this hire?

Old National operates primarily in the Midwest and Southeast with significant assets under management. According to the company, it has approximately $72 billion of assets and $37 billion of assets under management.