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John Switzer
John Switzer will be the new director for HomeTrust Bancshares Inc., the holding company for HomeTrust Bank, the company announced Thursday.
Switzer was also appointed to the company’s board of directors. Both roles will be effective Sept. 3. He has been an advisory director of HomeTrust Bancshares and HomeTrust Bank since Jan. 1.
Before working for HomeTrust, Switzer worked in various leadership roles for KPMG. He currently serves as a director and audit committee chairman of Barings BDC, a publicly-traded business development company. He is also a director for Carolina Tractor and Equipment Company and is on the board of the Foundation for the Mint Museum and the National Association of Corporate Directors Carolinas Chapter.
“John’s proven background as a business leader, a CPA, and a lead audit partner for public companies, as well as his extensive board experience will be of great benefit to our board of directors,” Chief Executive Officer Dana Stonestreet said in a statement. “We are pleased to welcome him to our Board and look forward to the many contributions his expertise will bring to our company.”
HomeTrust Bancshares had assets of $3.5 billion as of June 30. HomeTrust Bank has 43 banking locations, including multiple areas in North Carolina.
HomeTrust Bancshares filed an 8-K form with the Securities and Exchange Commission on Aug. 15 of this year, informing stockholders about an upcoming “blackout period” in September for participants of the HomeTrust Bank KSOP Plan. Earlier in August, the Board of Directors also declared a cash dividend of 6 cents per common share payable on Sept. 5.
Shares of HomeTrust Bancshares were trading at $24.92 on Thursday afternoon, up 41 cents.