This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Porter Bancorp, Inc. Names John T. Taylor President And CEO Of PBI Bank

Stocks in this article: PBIB

Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, announced today that John T. Taylor has been named President and CEO of PBI Bank and President of Porter Bancorp, Inc. Mr. Taylor will also be appointed to the board of directors of both Porter Bancorp and PBI Bank. Maria L. Bouvette, who previously served as President of Porter Bancorp and President and CEO of PBI Bank, will continue to serve as Chief Executive Officer and Chairman of the Board for Porter Bancorp, and Chairman of the Board of PBI Bank.

“We are very pleased that John Taylor has joined PBI Bank as our new President and CEO and as President of Porter Bancorp,” stated Maria L. Bouvette, CEO of Porter Bancorp. “Our Board’s search committee identified John early in the process because of his knowledge of our Kentucky markets, his expertise in credit management and special assets and his experience as President and CEO of a bank in one of our markets. As the new CEO for PBI Bank, he will be responsible for leading the bank through the challenging economic environment, reducing the level of non-performing assets, and growing earnings while maintaining our high level of quality service for our customers.

“John has a solid history of building organizations with a clear vision and strategy to build long-term enterprise value. He also has strong roots in Kentucky, with significant experience in our key markets. He is a graduate of the University of Kentucky and also served as President of the Kentucky/Ohio region for a major regional bank. We are looking forward to his leadership in improving our profitability and building long-term shareholder value.”

Mr. Taylor, age 52, most recently served as President and CEO of American Founders Bank, Inc. and American Founders Bancorp, Inc. of Lexington, Kentucky. Prior to joining American Founders in 2007, he served in senior management positions with increasing responsibility for PNC Bank, N.A., including as President of its Ohio/Northern Kentucky region for six years. He has over 28 years of banking experience in Kentucky and Ohio.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs