Old National announces leadership changes

Old National Bancorp, Evansville, Ind., named Jim Sandgren president and CEO among other promotions..Formerly chief banking officer, Sandgren joined Old National in 2004 as region chief credit officer. He has a Bachelor of Science degree in economics from DePauw University, Greencastle, Ind..Jim Ryan, formerly executive vice president, corporate development and mortgage banking, will assume the role of senior executive vice president and chief financial officer. He joined Old National in 2005 as senior vice president and treasurer after a stint with Wells Fargo Home Mortgage. He has a Bachelor of Business Administration in finance from Grand Valley State University, Allendale, Mich..Chris Wolking will transition from chief financial officer to senior executive vice president of capital markets and specialty products. In this newly created position, he will manage indirect lending, mortgage banking and capital markets. He joined Old National in 1999 and has a degree in finance from the University of Tulsa, Okla..Chief Credit Officer Daryl Moore has been named senior executive vice president and chief credit executive..Scott Evernham, formerly president of Old National Insurance, has been appointed executive vice president of Old National's wealth management division. He replaces Carrie Ellspermann who will assume the newly created role of chief talent development manager..Ellspermann will focus on executive development and leadership development initiatives throughout the Old National footprint; she will also develop a new women's executive development resource group.."These leadership changes position Old National to take the next step on our high performance journey by enabling us to better focus on emerging growth areas. In addition, these actions deepen our bench strength and allows for natural leadership succession," said Bob Jones, chairman and CEO of the $11.9 billion Old National.