First Midwest Bancorp CFO to retire
ITASCA - First Midwest Bancorp Chief Financial Officer Paul F. Clemens announced he will be retiring in 2017.
Clemens, who will turn 65 in mid-2017, announced his plans to facilitate a measured process for the selection of his successor and provide for a seamless transition.
"We certainly respect Paul's decision to retire and accept it with enormous gratitude,'' said Michael L. Scudder, president and chief executive officer of First Midwest Bancorp. "Over these past 10 years, Paul has helped forge First Midwest into one of the nation's strongest and most trusted financial institutions.
"Paul's early communication as to his plans and his flexibility as to timing affords us the opportunity to move forward at a deliberate pace while facilitating the ongoing execution of our strategic priorities," Scudder added