Midland States Bank Executive and Leadership Team

Scott Schmid, the Chief Executive Officer at Midland States Bank, directs the overarching strategic vision and operational execution of the financial holding company. Schmid architects long-term growth initiatives by aligning commercial lending portfolios with the evolving needs of businesses and municipalities. By overseeing the expansion of deposit products and residential mortgage services, the Chief Executive Officer ensures the institution maintains a competitive edge in the financial sector. Scott Schmid monitors the performance of diverse banking offices across Illinois and metropolitan areas to guarantee consistent service delivery. This leadership role involves constant collaboration with the Board to refine risk management frameworks and capital allocation strategies. Through rigorous oversight of the loan portfolio, the Chief Executive Officer secures the stability of the organization while fostering deep relationships with clients. Ultimately, Schmid drives the institutional commitment to excellence in banking and wealth management services.

Jeffrey Ludwig, the President & Chief Executive Officer at Midland States Bank, manages the daily operational cadence and strategic implementation of the company's diverse financial services. Ludwig drives the integration of trust and wealth management products, ensuring that estate planning and investment management services meet the complex requirements of high-net-worth clients. Overseeing the alignment of commercial equipment leasing and merchant credit card processing, the President & Chief Executive Officer optimizes revenue streams across the entire enterprise. Jeffrey Ludwig coordinates with senior leadership to enhance the efficiency of the residential mortgage origination process for the secondary market. This position requires constant evaluation of market trends to adjust the institution's approach to agricultural production financing and commercial real estate investment. By prioritizing operational excellence, Ludwig strengthens the market position of the bank within its regional footprint, ensuring that all financial products support the broader mission of client-focused banking.

Claire Stack, the Interim Chief Financial Officer, Vice President & Chief Accounting Officer at Midland States Bank, governs the financial integrity and reporting standards of the organization. Stack directs the accounting operations, ensuring precise management of interest-bearing demand deposits and time deposits. By overseeing the internal audit processes and financial controls, the Interim Chief Financial Officer, Vice President & Chief Accounting Officer maintains compliance with regulatory requirements across all banking offices. Claire Stack analyzes the performance of the loan portfolio, including commercial real estate and consumer installment loans, to provide actionable insights for the executive team. This role involves managing the fiscal health of the company through meticulous tax planning and corporate retirement plan administration. By optimizing the balance sheet and liquidity positions, Stack supports the strategic objectives of the bank. Ultimately, the Interim Chief Financial Officer, Vice President & Chief Accounting Officer ensures the long-term financial sustainability of the institution.

Harry McSteen, the President, Market , Mokena & Beecher (Joliet) at Midland States Bank, leads the localized banking operations and business development efforts within the Joliet region. McSteen architects community-specific lending strategies, focusing on owner-occupied commercial real estate and residential mortgage growth. By overseeing the delivery of checking, savings, and money market accounts, the President, Market , Mokena & Beecher (Joliet) ensures that local businesses and individuals receive tailored financial solutions. Harry McSteen cultivates relationships with municipal entities to expand the reach of the bank's commercial loan products. This leadership role involves managing the performance of local banking offices to meet regional growth targets. Through active engagement with the local business community, McSteen drives the adoption of merchant credit card processing and equipment financing services. Ultimately, the President, Market , Mokena & Beecher (Joliet) secures the bank's reputation as a primary financial partner in the Mokena and Beecher areas.

Thomas Lally, the Regional President, Market at Midland States Bank, oversees the strategic execution of banking services across designated regional territories. Lally directs the expansion of commercial lending initiatives, specifically targeting multifamily and healthcare facility mortgage loans. By managing the regional sales force, the Regional President, Market ensures that the full suite of financial products, including home equity lines of credit and consumer installment loans, reaches the target market effectively. Thomas Lally coordinates with other regional leaders to standardize service quality and operational efficiency. This role involves analyzing regional economic indicators to adjust lending strategies and deposit growth targets. Through the promotion of wealth management and insurance services, Lally enhances the value proposition for regional clients. By maintaining a strong presence in the market, the Regional President, Market drives the overall growth and profitability of the bank's regional operations while upholding the company's commitment to community-based financial support.

Philip Olivero, the Market President at Midland States Bank, manages the operational success and client acquisition strategies within a specific market area. Olivero directs the deployment of commercial business term loans and lines of credit to support local economic development. By overseeing the daily activities of banking offices, the Market President ensures that customers have seamless access to checking, savings, and sweep accounts. Philip Olivero fosters partnerships with local businesses to provide specialized equipment financing and commercial real estate investment solutions. This leadership role involves monitoring market-specific performance metrics to ensure alignment with the broader corporate strategy. Through proactive outreach and relationship management, Olivero drives the growth of the loan portfolio and deposit base. By focusing on the unique needs of the local community, the Market President strengthens the bank's competitive position and ensures that all financial services contribute to the long-term prosperity of the region.

Jan Woodward, the Regional President, Market at Midland States Bank, leads the strategic direction and operational oversight for a key regional market. Woodward architects initiatives to increase the penetration of trust and custodial services among regional clients. By managing the performance of multiple banking offices, the Regional President, Market ensures that residential mortgage origination and consumer lending activities meet corporate standards. Jan Woodward collaborates with the executive team to implement regional marketing strategies that highlight the bank's expertise in financial and estate planning. This role involves identifying opportunities for commercial real estate construction loans and agricultural production financing to support regional growth. Through the effective management of regional resources, Woodward drives the achievement of revenue targets and customer satisfaction goals. Ultimately, the Regional President, Market ensures that the bank remains a trusted financial partner by delivering high-quality services tailored to the specific needs of the regional market.

Mel Stock, the Market President at Midland States Bank, oversees the delivery of comprehensive financial products and services within a designated market. Stock directs the origination of residential first and second mortgage loans, ensuring that the bank remains a preferred lender for local homeowners. By managing the local commercial lending team, the Market President facilitates business growth through equipment financing and lines of credit. Mel Stock monitors the performance of deposit products, including certificates of deposit and interest-bearing demand deposits, to ensure optimal liquidity. This leadership role involves engaging with local stakeholders to promote the bank's wealth management and insurance services. Through the implementation of efficient operational processes, Stock drives the growth of the market's loan portfolio and customer base. By focusing on personalized service and community involvement, the Market President strengthens the bank's presence and contributes to the overall success of the organization in the assigned market.

Aaron Myers, the Market President at Midland States Bank, manages the strategic operations and business development activities within a specific market territory. Myers directs the expansion of commercial real estate investment loans and business term loans to support local enterprises. By overseeing the daily operations of banking offices, the Market President ensures that clients receive high-quality service for all checking, savings, and money market needs. Aaron Myers cultivates relationships with local businesses to provide merchant credit card processing and commercial equipment leasing services. This role involves analyzing market trends to refine lending strategies and ensure the bank remains competitive. Through the effective management of the local team, Myers drives the growth of the loan portfolio and deposit base. By prioritizing client relationships and community engagement, the Market President ensures that the bank's financial products and services effectively support the economic development of the market area.

Christine Uram, the Regional President, Market at Midland States Bank, leads the strategic execution and operational management of banking services across a designated region. Uram directs the growth of the trust and wealth management division, focusing on corporate retirement plan consulting and administration. By overseeing the regional loan portfolio, the Regional President, Market ensures that commercial real estate and residential mortgage products meet the needs of the local market. Christine Uram coordinates with other regional leaders to optimize the delivery of insurance services and retail brokerage offerings. This role involves monitoring regional performance metrics to ensure alignment with the bank's overall growth objectives. Through the effective management of regional banking offices, Uram drives the achievement of revenue and customer acquisition targets. By fostering a culture of excellence and client-focused service, the Regional President, Market ensures that the bank remains a leading financial institution within the region.