Midland States Bank Executive and Leadership Team

October, 2026

Leadership Overview

Midland States Bank has 10 executives leading key functions including strategy, marketing, financial oversight, and regional market operations.

Committed to fostering long-term financial stability 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

  • Chief Executive Officer - Scott Schmid
  • Interim Chief Financial Officer, Vice President & Chief Accounting Officer - Claire Stack
  • Regional President, Market - Jan Woodward
  • Market President - Aaron Myers
  • Market President - Philip Olivero
  • Regional President, Market - Jeffrey Lovett
  • Market President - St. Louis - Margaret Fisher
  • Market President - John Kempen
  • Regional President, Market - Christine Uram
  • Chief Marketing Officer - Matthew Peno
  • 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. Schmid architects long-term growth initiatives, focusing on the expansion of commercial lending portfolios and the diversification of wealth management services. By aligning the bank's diverse product offerings with evolving market demands, the Chief Executive Officer ensures consistent value creation for shareholders and clients alike. This leadership role involves constant collaboration with the Board to refine risk management frameworks and capital allocation strategies. Scott Schmid maintains a sharp focus on maintaining the institution's reputation for excellence across Illinois and broader metropolitan markets. Through rigorous oversight of the bank's 45 banking offices, the Chief Executive Officer drives organizational efficiency and promotes a culture of client-centric financial service delivery, ultimately securing the institution's competitive position within the regional banking landscape.

    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, oversees all financial reporting, accounting operations, and regulatory compliance functions. Stack manages the integrity of the bank's financial statements, ensuring adherence to strict industry standards while supporting the institution's complex loan portfolio and trust services. The Interim Chief Financial Officer, Vice President & Chief Accounting Officer directs internal audits and tax planning initiatives to optimize fiscal performance. By providing critical financial analysis to the executive team, Stack facilitates informed decision-making regarding capital investments and commercial real estate lending activities. Claire Stack maintains rigorous control over the bank's balance sheet, monitoring liquidity and interest-bearing demand deposits to ensure long-term stability. Through precise financial stewardship, the Interim Chief Financial Officer, Vice President & Chief Accounting Officer supports the bank's mission of providing robust financial products to individuals and businesses across the regional market areas.
    Claire Stack

    Jan Woodward - Regional President, Market

    Jan Woodward, the Regional President, Market at Midland States Bank, leads operational activities and business development initiatives within assigned geographic territories. Woodward drives the growth of commercial lending, including owner-occupied real estate loans and agricultural production financing, by cultivating deep relationships with local business leaders. The Regional President, Market coordinates with branch managers to ensure consistent service delivery across all banking offices in the region. By identifying unique market opportunities, Woodward expands the bank's footprint in residential mortgage origination and consumer installment lending. This leadership role involves balancing local market needs with the broader strategic goals of the institution. Jan Woodward ensures that the bank's trust and wealth management services remain accessible to clients, fostering community engagement and economic development. Through proactive management of regional assets, the Regional President, Market strengthens the bank's competitive standing and supports the overall mission of providing comprehensive financial solutions to diverse client segments.

    Aaron Myers - Market President

    Aaron Myers, the Market President at Midland States Bank, focuses on the execution of commercial banking strategies and the expansion of business term loans within specific local markets. Myers directs the origination of commercial real estate investment loans and construction financing, ensuring that the bank's portfolio remains diversified and healthy. The Market President manages local client relationships, providing tailored financial advice to businesses and municipalities seeking equipment financing or lines of credit. By fostering strong ties with the local business community, Myers drives deposit growth and increases the utilization of merchant credit card processing services. This role requires constant monitoring of local economic trends to adjust lending practices and risk assessments accordingly. Aaron Myers collaborates with other regional leaders to ensure that the bank's service standards remain high across all community banking offices. Through dedicated local leadership, the Market President supports the bank's commitment to fueling regional economic growth and providing essential financial products.

    Philip Olivero - Market President

    Philip Olivero, the Market President at Midland States Bank, oversees the delivery of retail banking services and consumer lending products within designated market areas. Olivero manages the performance of local banking offices, focusing on the growth of checking, savings, and money market accounts. The Market President drives the origination of residential first and second mortgage loans, as well as home equity lines of credit, to meet the needs of individual clients. By implementing effective sales strategies, Olivero increases the adoption of retail brokerage and insurance services among the local customer base. This leadership role involves mentoring branch staff to ensure high levels of client satisfaction and operational excellence. Philip Olivero monitors local market dynamics to identify opportunities for expanding the bank's reach in consumer installment loans, including financing for recreational vehicles. Through consistent focus on retail banking performance, the Market President contributes significantly to the bank's overall deposit base and community presence.

    Jeffrey Lovett - Regional President, Market

    Jeffrey Lovett, the Regional President, Market at Midland States Bank, directs the strategic expansion of commercial mortgage loans for multifamily and healthcare facilities across the region. Lovett manages complex lending portfolios, ensuring that the bank's credit quality remains high while supporting the development of critical community infrastructure. The Regional President, Market coordinates with corporate teams to integrate trust and wealth management services into the regional offering, providing holistic financial planning to high-net-worth individuals. By overseeing the performance of multiple banking offices, Lovett ensures that the bank's operational standards are met consistently. This role involves building strategic partnerships with developers and healthcare providers to secure long-term lending opportunities. Jeffrey Lovett drives regional revenue growth by aligning the bank's specialized lending capabilities with the specific needs of the local market. Through effective leadership, the Regional President, Market reinforces the bank's reputation as a premier provider of specialized commercial financial services.

    Margaret Fisher - Market President - St. Louis

    Margaret Fisher, the Market President - St. Louis at Midland States Bank, leads all banking operations and business development efforts within the St. Louis metropolitan area. Fisher architects growth strategies for commercial and residential lending, focusing on capturing market share in this competitive urban environment. The Market President - St. Louis manages a team of banking professionals to deliver high-quality service to businesses, municipalities, and individual clients. By leveraging the bank's full suite of financial products, including trust services and merchant processing, Fisher drives revenue and deepens client relationships. This role requires active participation in the local business community to identify new lending opportunities and enhance the bank's brand visibility. Margaret Fisher ensures that all operations in the St. Louis market align with the bank's broader risk management and growth objectives. Through strategic leadership, the Market President - St. Louis strengthens the bank's presence and supports the financial success of clients throughout the metropolitan area.

    John Kempen - Market President

    John Kempen, the Market President at Midland States Bank, manages the operational efficiency and business growth of banking offices within assigned territories. Kempen focuses on the origination of commercial loans, including business term loans and equipment financing, to support the growth of local enterprises. The Market President oversees the implementation of corporate initiatives at the branch level, ensuring that all staff members provide exceptional service to clients. By analyzing local market data, Kempen identifies opportunities to expand the bank's reach in residential mortgage lending and consumer installment loans. This role involves close collaboration with regional leadership to ensure that the bank's financial products meet the evolving needs of the community. John Kempen drives performance by fostering a culture of accountability and excellence among the local team. Through dedicated management of market operations, the Market President contributes to the bank's overall success and maintains its commitment to providing reliable financial services to individuals and businesses.

    Christine Uram - Regional President, Market

    Christine Uram, the Regional President, Market at Midland States Bank, directs the strategic management of wealth management and trust services across the region. Uram oversees financial and estate planning, investment management, and corporate retirement plan administration, ensuring that clients receive sophisticated financial guidance. The Regional President, Market coordinates with retail banking teams to cross-sell these specialized services to existing customers, thereby increasing the bank's share of wallet. By building relationships with business owners and high-net-worth individuals, Uram drives the growth of the bank's fee-based revenue streams. This role requires deep expertise in tax and insurance planning to provide comprehensive solutions that address complex client needs. Christine Uram ensures that all wealth management activities comply with regulatory requirements while maintaining the highest standards of fiduciary responsibility. Through strategic oversight, the Regional President, Market enhances the bank's value proposition and strengthens its position as a trusted partner for long-term financial planning and wealth preservation.

    Matthew Peno - Chief Marketing Officer

    Matthew Peno, the Chief Marketing Officer at Midland States Bank, manages the brand identity and customer acquisition strategies across all digital and traditional channels. Peno designs comprehensive campaigns that highlight the bank's diverse deposit products, mortgage services, and commercial equipment leasing capabilities. By analyzing consumer behavior data, the Chief Marketing Officer optimizes outreach efforts to increase market penetration in key areas like the St. Louis and Denver metropolitan regions. This role requires close coordination with product teams to ensure marketing messaging accurately reflects the value proposition of checking, savings, and investment management services. Matthew Peno drives brand awareness through targeted initiatives that resonate with individuals, businesses, and municipalities. By leveraging data-driven insights, the Chief Marketing Officer strengthens the bank's market presence, ensuring that the institution remains the preferred financial partner for communities seeking reliable, personalized banking solutions and professional wealth management expertise.

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    Frequently Asked Questions Regarding Midland States Bank Top Executives and Leadership Team

    Who leads Midland States Bank?
    Midland States Bank is led by Scott Schmid (Chief Executive Officer), along with executives such as Claire Stack (Interim Chief Financial Officer, Vice President & Chief Accounting Officer) and Jan Woodward (Regional President, Market).
    Who is part of Midland States Bank’s executive team?
    The executive team of Midland States Bank includes leaders such as Scott Schmid (Chief Executive Officer), Claire Stack (Interim Chief Financial Officer, Vice President & Chief Accounting Officer), Jan Woodward (Regional President, Market) and other senior executives.
    How many executives does Midland States Bank have?
    Midland States Bank has 10 executives leading key business areas.
    What roles are included in Midland States Bank’s leadership team?
    The leadership team of Midland States Bank includes roles such as Chief Executive Officer, Interim Chief Financial Officer, Vice President & Chief Accounting Officer, Regional President, Market, Market President, Market President.