People’s Bancorp, Inc. Announces Plans to Retire Chuck Slerzyski and Election of Tyler Wilcox as Next CEO

Retirement


Marietta, Ohio, July 11, 2023 /PRNewswire/ — Peoples Bancorp Inc. (“Peoples”) (Nasdaq: PEBO) today announced the following: Chuck Slerzyskithe 66-year-old has informed Peoples of his intention to effectively step down as president and chief executive officer (“CEO”) of Peoples and Peoples Bank, a subsidiary of Peoples. March 31, 2024. He also plans to step down from the People’s Bank of China and its board of directors on the same day. People’s also announced today. Tyler WilcoxHe, 44, will become the next president and CEO of the People’s Bank of China and will be elected to the People’s Bank of China’s board of directors. April 1, 2024to fill the vacancies left on each of the Boards by Mr. Slerzhski’s retirement.

Sulerzyski joined Peoples in 2016 as President and CEO. April 2011. Under his leadership Peoples has grown. $1.8 billion Current total assets March 31, 2011,about $8.8 billion The combined total assets of Peoples and Limestone Bancorp Inc. at the close of business in 2016 were April 30, 2023. Slerzhsky has developed a strong culture at People’s with the motto “Work Together, Build Success”. Under his leadership, Peoples has established itself as a high performing community bank and an employer of choice in the market.

A Peoples employee since 2008, Mr. Wilcox will assume the role of Senior Executive Vice President and Chief Operating Officer of Peoples and the People’s Bank of China in an interim role, succeeding Mr. Slerdzyski when he retires. Wilcox has held a variety of executive positions over the course of his 15 years at Peoples and its subsidiaries.ever since October 2020, He served as executive vice president of the Community Banking Division at both the People’s Bank of China and the People’s Bank of China, and oversaw the PBOC’s business areas, including commercial banking, equipment leasing, insurance premium financing, consumer finance, retail and small business banking. I’ve been in charge. Trust and Investment Services, Insurance. An executive vice president of Community Banking is currently being selected to replace Mr. Wilcox.

“It has been a great honor for me to lead Peoples for the past 12 years,” Slerdzyski said. “I am proud of the organization we have today and the impact we have had on our customers and communities, and I am thrilled that the Board of Directors has named Tyler as my successor. We have worked closely with Tyler on all fronts and I am confident that Peoples will thrive under his leadership during my tenure.”

“I am honored to have been given the opportunity to lead Peoples,” Wilcox said. “And I am grateful for the trust Chuck and the Board have shown in me. We look forward to building the culture.”

Susan Lecter, Peoples’ Board Chairman said the board had been planning this transition for several years and Mr. Wilcox’s proven leadership and extensive experience at Peoples made him an ideal successor to Mr. Slerdzyski. . “Mr. Tyler has performed well in a variety of leadership positions at People’s, Inc. and is highly regarded within the organization,” said the president. “We are proud of what Peoples has achieved over the past 12 years under Chuck’s extraordinary leadership and are optimistic that the future will be even better.”

Prior to serving as Executive Vice President of Community Banking at Peoples and Peoples Bank, Mr. Wilcox was Executive Vice President and Regional President of Peoples Bank’s South District. He is President of Peoples Insurance Agency, LLC. Senior Vice President and Human Resources Department of the People’s Bank of China. Deputy President and Director of Compensation and Benefits of the People’s Bank of China. and an associate attorney at the People’s Bank of China.

Wilcox is Brigham Young UniversityMaster of Business Administration (Financial Concentration) Ohio Universityand The Juris Doctor. Ohio State University.he is qualified to handle the law Ohio. Prior to joining the People’s Bank of China in 2008, Wilcox was a lawyer as an assistant city attorney. columbus, ohio.

Peoples is a diversified financial services holding company that offers a complete line of banking, trust and investment, insurance, premium finance, and equipment leasing solutions through its subsidiaries. Peoples is headquartered in: Marietta, Ohio Since 1902.the current March 31, 2023people had $7.3 billion By total assets, we have 130 locations, including 113 full-service bank branches. Ohio, west virginia, Kentucky, Virginia, washington dc and Maryland. Peoples’ vision is to be America’s premier community bank.

Peoples is a member of the Russell 3000 Index of publicly traded US companies. Peoples provides its services through Peoples Bank (which includes divisions of Limestone Bank, Peoples Investment Services, Peoples Premium Finance and North Star Leasing) and Peoples Insurance Agency, LLC.

Source Peoples Bancorp Inc.



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