Leadership Overview
Midland States Bank has 10 executives leading key functions including strategy, marketing, financial oversight, and regional market management.
Committed to fostering long-term financial growth for diverse clients, Midland States Bank delivers comprehensive banking, wealth management, and commercial lending solutions across its expanding regional footprint.
Committed to fostering long-term financial growth for diverse clients, Midland States Bank delivers comprehensive banking, wealth management, and commercial lending solutions across its expanding regional footprint.
Leadership Roles at Midland States Bank
Scott Schmid - Chief Executive Officer
Scott Schmid, the Chief Executive Officer at Midland States Bank, directs the overarching strategic vision and operational execution for the entire financial holding company. Overseeing the integration of banking, trust, and wealth management services, the Chief Executive Officer ensures alignment between corporate objectives and the diverse needs of individual and commercial clients. This leadership role involves navigating complex regulatory environments while driving sustainable growth across the Illinois, St. Louis, and Denver markets. By optimizing the loan portfolio and deposit products, Scott Schmid directly impacts the long-term stability of the institution. Ultimately, Schmid maintains a focus on delivering consistent value to shareholders and customers through disciplined capital allocation and the expansion of commercial lending initiatives, including equipment financing and real estate construction loans.
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 financial reporting, accounting standards, and capital structure of the organization. Overseeing the integrity of financial statements and regulatory compliance, the Interim Chief Financial Officer, Vice President & Chief Accounting Officer ensures transparency for stakeholders and the Board. This leadership role involves monitoring the performance of the loan portfolio and the efficiency of deposit operations to maintain institutional health. By implementing rigorous internal controls and financial planning processes, Claire Stack directly impacts the fiscal stability of the bank. Ultimately, Stack supports the strategic expansion of the company by providing the precise financial data necessary for informed decision-making regarding commercial lending and wealth management investments.
Harry McSteen - President, Market , Mokena & Beecher (Joliet)
Harry McSteen, the President, Market , Mokena & Beecher (Joliet) at Midland States Bank, drives business development and client relationship management within the specific Joliet and surrounding market areas. Overseeing the delivery of commercial real estate loans and business term loans, the President, Market , Mokena & Beecher (Joliet) ensures that local enterprises receive tailored financial support. This leadership role involves cultivating partnerships with municipalities and local businesses to expand the bank's footprint in the region. By focusing on the unique economic requirements of the Mokena and Beecher communities, Harry McSteen directly impacts the growth of the local loan portfolio. Ultimately, McSteen strengthens the bank's presence by providing high-touch service and expert guidance on complex financial products, including equipment financing and agricultural production loans.
John Kempen - Market President
John Kempen, the Market President at Midland States Bank, manages regional operations and client engagement strategies within the designated market territory. Overseeing the origination of residential mortgages and consumer installment loans, the Market President ensures that the bank meets the diverse borrowing needs of local residents. This leadership role involves coordinating with the broader corporate team to implement wealth management and trust services for high-net-worth individuals. By fostering strong community ties and identifying new opportunities for commercial lending, John Kempen directly impacts the regional market share. Ultimately, Kempen drives operational excellence by ensuring that all banking products, from checking accounts to complex commercial real estate loans, are delivered with efficiency and a focus on long-term client satisfaction.
Mel Stock - Market President
Mel Stock, the Market President at Midland States Bank, directs the execution of banking services and business development initiatives within the assigned market area. Overseeing the expansion of the commercial loan portfolio, the Market President focuses on providing equipment financing and lines of credit to local businesses. This leadership role involves collaborating with the trust and wealth management teams to offer comprehensive financial planning to the bank's client base. By prioritizing the growth of interest-bearing demand deposits and money market accounts, Mel Stock directly impacts the liquidity and profitability of the regional branch network. Ultimately, Stock strengthens the bank's competitive standing by delivering personalized financial solutions that address the specific economic challenges and opportunities present in the local market.
Christine Uram - Regional President, Market
Christine Uram, the Regional President, Market at Midland States Bank, oversees the strategic direction and operational performance of multiple banking offices within the assigned region. Overseeing the implementation of corporate policies and the delivery of financial products, the Regional President, Market ensures consistent service quality across all branches. This leadership role involves mentoring local teams to enhance the origination of residential and commercial mortgage loans. By analyzing regional economic indicators, Christine Uram directly impacts the bank's ability to capture new market opportunities in the healthcare and multifamily sectors. Ultimately, Uram optimizes the regional portfolio by balancing risk management with aggressive growth strategies, ensuring that the bank remains a primary financial partner for businesses and individuals throughout the designated territory.
Philip Olivero - Market President
Philip Olivero, the Market President at Midland States Bank, leads the local execution of the bank's commercial and consumer banking strategy. Overseeing the development of relationships with commercial real estate investors and small business owners, the Market President ensures that the bank provides essential capital for growth. This leadership role involves managing the local loan pipeline, including construction loans and business term loans, to support regional development. By maintaining high standards for customer service and operational efficiency, Philip Olivero directly impacts the retention of core deposit accounts. Ultimately, Olivero contributes to the bank's overall success by tailoring financial products to the specific needs of the local economy, ensuring that the institution remains a trusted advisor for all financial matters.
Aaron Myers - Market President
Aaron Myers, the Market President at Midland States Bank, manages the daily operations and strategic growth of the bank's presence within the assigned market. Overseeing the promotion of retail brokerage services and insurance products, the Market President ensures that clients have access to a full suite of financial tools. This leadership role involves coordinating with the corporate office to implement new lending programs and deposit initiatives. By focusing on the acquisition of new commercial clients and the expansion of existing relationships, Aaron Myers directly impacts the regional revenue targets. Ultimately, Myers enhances the bank's reputation by providing expert guidance on estate planning and corporate retirement plan administration, ensuring that the institution remains a cornerstone of the local financial landscape.
Jeffrey Lovett - Regional President, Market
Jeffrey Lovett, the Regional President, Market at Midland States Bank, directs the regional strategy for banking and financial services across the assigned territory. Overseeing the performance of multiple banking offices, the Regional President, Market ensures that the bank's commercial and residential lending goals are met. This leadership role involves integrating trust and wealth management services into the regional offering to provide holistic financial solutions. By monitoring the competitive landscape and adjusting local tactics, Jeffrey Lovett directly impacts the bank's market penetration and overall profitability. Ultimately, Lovett supports the broader corporate mission by fostering a culture of excellence and ensuring that all regional operations align with the bank's commitment to providing superior financial products to individuals and businesses.
Matthew Peno - Chief Marketing Officer
Matthew Peno, the Chief Marketing Officer at Midland States Bank, architects the brand identity and customer acquisition strategies across all regional market areas. Overseeing the promotion of deposit products, mortgage services, and merchant credit card processing, the Chief Marketing Officer ensures that the bank effectively communicates its value proposition to businesses and individuals. This leadership role involves analyzing market trends to refine outreach efforts for residential and commercial lending products. By leveraging data-driven insights, Matthew Peno directly impacts the growth of the customer base and the visibility of the bank's financial services. Ultimately, Peno secures a competitive market position by aligning marketing initiatives with the evolving needs of the communities served, ensuring consistent engagement across both digital and traditional banking channels.
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