Old National Bank: David Baumgarten joins as Wisconsin Region Chairman

David Baumgarten, former president and CEO of Bank Mutual, has joined Old National Bank (NASDAQ: ONB) as Chairman of the company’s Wisconsin Region. He will assist Old National Wisconsin Region CEO Kevin Anderson in driving Old National’s state-wide strategy. Anderson and Baumgarten will both report to Old National President and COO Jim Sandgren.

“We are incredibly excited to welcome David Baumgarten to the Old National team,” said Sandgren. “His unmatched resumé as a banking executive, coupled with a deep passion for community, make him an ideal fit for Old National and the clients and communities we serve in the great state of Wisconsin.”

Prior to serving as president and CEO of Bank Mutual, Baumgarten was EVP for Associated BancCorp, overseeing eight banking regions within Wisconsin, Illinois and Minnesota. Previous to that, he was president of Southeast Wisconsin Associated Bank; president and CEO of US Bank, Wisconsin; president and CEO of US Bank, Colorado; and senior vice president of First Bank Minneapolis, Minnesota.

A native of Evansville, Wisconsin, Baumgarten graduated with an MBA and a BBA from the University of Wisconsin-Madison. He currently serves on the boards of the Milwaukee Development Corporation, Boys & Girls Club of Greater Milwaukee, the Badger Institute and the Greater Milwaukee Committee.

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