Director Profile: Fred J. Merritt
Fred J. Merritt is an entrepreneur from Carmel, Indiana and is the CEO and principal owner of Riverside Manufacturing, a company focused on harsh-environment electronics.
Under Mr. Merritt's
leadership the company grew from 35 employees to over 500, and revenue increased from 5 million to over 50 million dollars.
In addition to Riverside, he
has an ownership stake in multiple other businesses.
A Fort Wayne, Indiana native, he graduated from Indiana University with a degree in public finance.
Mr. Merritt is a past member of the Young Entrepreneurs' Organization and is now active with the World Presidents' Organization of Entrepreneurs.
also has extensive experience in banking.
Before acquiring Riverside, he served in many facets of the lending field, working as a commercial banker and as Sr. Vice President of Mergers & Acquisitions for Huntington National Bank in Indianapolis for 10 years.
Mr. Merritt has been a director of Bloomfield State Bank since 2005 and sits on the Audit Committee and the Loan Committee.