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Published on: 12/3/2007
Last Visited: 12/3/2007
American Savings Announces the Retirement of Clement B. Knapp, Jr. as President & CEO Along With the Appointment of Michael Mellon as New President and CEO
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American Savings Announces the Retirement of Clement B. Knapp, Jr. as President & CEO Along With the Appointment of Michael Mellon as New President and CEO
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American Savings Announces the Retirement of Clement B. Knapp, Jr. as President & CEO Along With the Appointment of Michael
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MUNSTER, IN -- (MARKET WIRE) -- 12/03/07 -- American Savings, FSB (the "Bank"), a local bank serving the community for over 95 years, announces the retirement of Clement B. Knapp, Jr. as President and Chief Executive Officer and the appointment of Michael Mellon as President and Chief Executive Officer of the Bank, effective December 8, 2007.
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Donald L. Harle, a member of the Board of Directors of the Company and the Bank, noted, "We are very appreciative of the excellent service and commitment that Mr. Knapp has made to the Company and the Bank over his nearly 30 years of service and look forward to the continuation of that service and commitment from Mr. Mellon."
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I believe that Mr. Mellon is ready, willing and able to take our organization to new levels of success."
Mr. Mellon, age 38, has served as an executive of the Bank since 1993, most recently as Executive Vice President.Mr. Mellon also serves as a Councilman for the Town of Munster as well as a Member of the Indiana Bankers Government Relations Committee.He received his Masters Degree in Business Administration from Purdue University.