Old National Names Thurston as Corporate Banking Executive

Rhea-AI Summary

Old National Bank appoints John C. Thurston as Corporate Banking Executive and Senior Vice President of Corporate Banking. Thurston brings over 30 years of banking industry experience to lead strategic initiatives, drive new business, and strengthen relationships with corporate clients.

EVANSVILLE, Ind., Feb. 13, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bank, a wholly-owned banking subsidiary of Old National Bancorp (“Old National”), has announced the appointment of John C. Thurston as Corporate Banking Executive and Senior Vice President of Corporate Banking. With an extensive background in the banking industry spanning more than 30 years, Thurston has a proven track record of developing and implementing business strategies, as well as leading teams to grow relationships and deliver strong financial results.

In his new role, Thurston will be responsible for leading and overseeing teams within Old National’s Corporate Banking business segment with a focus on developing and executing strategic initiatives, driving new business, and fostering existing relationships with corporate clients.

"We are excited to welcome John Thurston to Old National Bank," said David Knapp, President of Corporate Banking. "John’s experience in the middle market and corporate banking segments throughout his career and a proven track record of delivering results make him a great fit as we continue to grow our corporate banking business. We are confident that John’s strategic insights and leadership will further strengthen our position as a trusted partner for our corporate clients."

Thurston joins Old National Bank after more than 12 years with Bank of the West/BMO as an Area Manager and Managing Director where he led teams across the Rocky Mountain, Midwest, and East Coast regions of the United States. His teams focused on developing relationships and delivering banking solutions to clients within diversified industries, agribusiness, real estate, healthcare, technology, and multi-national corporations. He was also a member of Bank of the West’s Enterprise Leadership Team. Prior to that, Thurston led middle market banking teams at The Private Bank and LaSalle Bank.

"I am thrilled to join the team and be a part of the growth story at Old National Bank,” Thurston said. "I am excited about the opportunity to work with the many talented people at Old National Bank and do my part to contribute to the continued growth and success of the organization. I look forward to developing meaningful relationships across the Old National Bank network, existing clients, prospective clients, and the financial industry.”

Thurston holds a Bachelor of Business Administration and Bachelor of Arts from the University of Notre Dame with a second major in Japanese language. He also holds Series 24, Series 63, and Series 79 licenses.

ABOUT OLD NATIONAL
Old National Bancorp is the holding company of Old National Bank, which is the sixth largest commercial bank headquartered in the Midwest. With approximately $49 billion of assets and $29 billion of assets under management, Old National ranks among the top 30 banking companies headquartered in the U.S. Tracing our roots to 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships with clients and in the communities it serves. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investment, and capital market services. For more information and financial data, please visit Investor Relations at oldnational.com.

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

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8d28a742-27a4-4e9e-b561-4b51a82ac7b1

FAQ

Who is the new Corporate Banking Executive and Senior Vice President at Old National Bank?

John C. Thurston has been appointed as the new Corporate Banking Executive and Senior Vice President at Old National Bank.

What is John C. Thurston's background in the banking industry?

John C. Thurston has over 30 years of experience in the banking industry and has previously worked at Bank of the West/BMO and The Private Bank.

What will John C. Thurston's role be at Old National Bank?

John C. Thurston will lead and oversee teams within Old National's Corporate Banking business segment, focusing on developing and executing strategic initiatives, driving new business, and fostering relationships with corporate clients.

What industries has John C. Thurston worked with in his previous roles?

John C. Thurston has worked with diversified industries, agribusiness, real estate, healthcare, technology, and multi-national corporations in his previous roles.