Leadership Overview
Midland States Bank has 10 executives leading key functions including strategy, operations, technology, finance, and market development.
Driven by a commitment to community banking, Midland States Bank provides comprehensive financial products and services, fostering economic growth and stability across its market areas.
Driven by a commitment to community banking, Midland States Bank provides comprehensive financial products and services, fostering economic growth and stability across its market areas.
Leadership Roles at Midland States Bank
Scott Schmid - Chief Executive Officer
Scott Schmid, the Chief Executive Officer at Midland States Bank, directs the overall strategic vision and operational execution for the financial institution. Schmid oversees the development and implementation of corporate strategies aimed at enhancing market position and driving sustainable growth across all business lines, including commercial lending, residential mortgages, and wealth management services. This leadership role involves close collaboration with the board of directors and other executive team members to ensure alignment with the companys mission of providing essential financial products and services to individuals, businesses, and municipalities. Schmid's focus includes optimizing the companys financial performance and expanding its reach within its established market areas, such as Illinois and the St. Louis metropolitan region. The Chief Executive Officer ensures that all operations adhere to regulatory requirements and uphold the banks commitment to customer service and community engagement. Schmid's strategic direction guides the bank in navigating the evolving financial landscape, solidifying its reputation as a trusted financial partner.
Jeffrey Ludwig - President & Chief Executive Officer
Jeffrey Ludwig, the President & Chief Executive Officer at Midland States Bank, spearheads the companys overarching strategic direction and operational management. Ludwig guides the organization in delivering a full spectrum of banking and financial products, serving individuals, businesses, and municipalities. This executive leadership encompasses the strategic deployment of resources to foster economic growth and stability within the banks market areas. Ludwig ensures the effective integration of deposit products, loan portfolios, and wealth management services to meet diverse client needs. The President & Chief Executive Officer drives initiatives that enhance customer relationships and expand market penetration, particularly within Illinois and the St. Louis metropolitan regions. Ludwig's oversight extends to maintaining robust financial health and operational efficiency, aligning all departments with the companys core objectives. This critical role involves fostering a culture of innovation and service excellence, positioning Midland States Bank for continued success in the competitive financial sector.
Michael Uelk - Chief Financial Officer
Michael Uelk, the Chief Financial Officer at Midland States Bank, directs the companys financial planning, reporting, and capital management strategies. Uelk oversees all fiscal operations, including budgeting, forecasting, and financial analysis, ensuring the banks robust financial health and compliance with regulatory standards. This executive role involves managing the companys investment portfolio, optimizing its capital structure, and driving profitability across all service lines, from commercial lending to wealth management. Uelk collaborates closely with other senior leaders to support strategic decision-making and resource allocation, ensuring alignment with the banks growth objectives in markets such as Illinois and the St. Louis metropolitan area. The Chief Financial Officer plays a pivotal part in maintaining investor confidence and guiding the bank through evolving economic conditions. Uelk's expertise is essential for sustaining the banks operational integrity and financial stability.
Claire Stack - Interim Chief Financial Officer, Vice President & Chief Accounting Officer
Claire Stack, the Interim Chief Financial Officer, Vice President & Chief Accounting Officer at Midland States Bank, manages the companys accounting operations and financial reporting. Stack ensures the accuracy and integrity of financial statements, overseeing all accounting functions, including general ledger, accounts payable, and payroll. This critical role involves maintaining compliance with accounting principles and regulatory requirements, supporting the banks financial stability and strategic objectives. Stack collaborates with the finance team and other departments to provide timely and accurate financial data for decision-making, particularly concerning loan portfolios and investment services. The Vice President & Chief Accounting Officer plays a key part in financial audits and internal controls, safeguarding the banks assets and reputation. Stack's leadership ensures that financial practices align with the companys mission to serve its clients effectively across its market areas.
Matthew Dennison - Market President
Matthew Dennison, the Market President at Midland States Bank, leads strategic initiatives and business development within a specific geographic market. Dennison oversees the expansion of banking services, including commercial lending, residential mortgages, and wealth management, tailored to the unique needs of local businesses and individuals. This role involves cultivating strong client relationships and driving revenue growth through effective market penetration strategies. Dennison collaborates with regional teams to ensure seamless service delivery and adherence to the banks core values. The Market President plays a crucial part in identifying new business opportunities and strengthening the banks presence in its designated service areas. Dennison's leadership focuses on enhancing community engagement and supporting local economic development, reinforcing Midland States Banks commitment to its clients and the regions it serves.
Mel Stock - Market President
Mel Stock, the Market President at Midland States Bank, directs market-specific growth strategies and client relationship management. Stock oversees the delivery of comprehensive financial products and services, including commercial real estate loans, agricultural financing, and personal banking solutions, to meet the demands of the local economy. This executive position involves fostering strong partnerships with businesses and individuals, driving market share expansion and revenue generation. Stock collaborates with internal teams to ensure operational excellence and client satisfaction across all service lines. The Market President is instrumental in identifying and capitalizing on regional opportunities, reinforcing the banks commitment to community development. Stock's leadership ensures that Midland States Bank remains a responsive and trusted financial partner within its operational territories.
John Kempen - Market President
John Kempen, the Market President at Midland States Bank, spearheads market-level operations and business development initiatives. Kempen focuses on expanding the banks reach by delivering a full suite of financial products, including commercial loans, residential mortgages, and trust services, to meet diverse client needs. This leadership role involves cultivating strategic relationships with businesses and individuals, driving revenue growth and market penetration. Kempen collaborates with cross-functional teams to ensure exceptional client service and operational efficiency. The Market President plays a vital role in identifying and pursuing new opportunities, reinforcing the banks commitment to supporting local economies. Kempen's strategic oversight ensures that Midland States Bank effectively serves its communities and maintains a strong competitive position.
Jan Woodward - Regional President, Market
Jan Woodward, the Regional President, Market at Midland States Bank, leads strategic market expansion and operational oversight across designated regions. Woodward directs the delivery of comprehensive financial services, including commercial lending, deposit products, and wealth management solutions, to diverse client segments. This executive position involves fostering robust client relationships and driving revenue growth through targeted market strategies. Woodward collaborates with market presidents and divisional teams to ensure consistent service quality and adherence to the banks strategic objectives. The Regional President, Market plays a key role in identifying and capitalizing on growth opportunities, strengthening the banks presence and impact within its operational territories. Woodward's leadership ensures the effective execution of business plans and reinforces the banks commitment to community financial well-being.
Thomas Lally - Regional President, Market
Thomas Lally, the Regional President, Market at Midland States Bank, directs market-specific growth strategies and operational management across key geographic areas. Lally oversees the provision of a wide array of financial products and services, encompassing commercial loans, residential mortgages, and trust services, to meet the evolving needs of clients. This executive role involves cultivating strong business partnerships and driving market share expansion through strategic initiatives. Lally collaborates with internal stakeholders to ensure seamless service delivery and alignment with the banks overarching mission. The Regional President, Market is pivotal in identifying and leveraging regional opportunities, reinforcing the banks commitment to economic development and client success. Lally's leadership ensures operational excellence and sustained growth within the banks market footprint.
Kyle Mooney - Chief Information Officer
Kyle Mooney, the Chief Information Officer at Midland States Bank, architects and directs the companys technology strategy and infrastructure. Mooney oversees all aspects of information technology, ensuring the security, reliability, and scalability of systems that support banking operations, financial products, and client services. This leadership position involves managing the integration of new technologies to enhance operational efficiency and customer experience across deposit accounts, loan origination, and wealth management platforms. Mooney's responsibilities include safeguarding sensitive financial data and ensuring compliance with industry regulations. The Chief Information Officer drives innovation in digital banking solutions, supporting the banks mission to serve individuals and businesses effectively. Mooney collaborates with other executive leaders to align technology initiatives with broader business objectives, facilitating growth in market areas like Illinois and the St. Louis region. This role is crucial for maintaining a competitive edge and ensuring seamless service delivery.
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