Leon Holschbach will retire Dec. 31 as CEO of Midland States Bancorp Inc., and that role will be filled by Jeffrey Ludwig in addition to his posts as president of the company and CEO of its Midland States Bank subsidiary.
Holschbach will continue to serve as vice chairman of the boards of the holding company and Midland States Bank. The changes are the next step in a succession plan, officials said Friday.
Ludwig had been promoted in March to president of the company and CEO of Midland States…
