Iowa-based Ames National Corp's chairman to retire, successor appointed

Thomas Pohlman, chairman of Ames, Iowa-based Ames National Corp. elected to resign from the board.

On May 11, the company's board appointed Patrick Hagan to succeed Pohlman as the chairman, beginning May 12.

Pohlman will remain on the company's board until his current term expires in April 2023 and will work closely with Hagan to facilitate a smooth transition.

Pohlman's resignation comes as he reaches the maximum age for a director, according to Ames National's policy.