Lebanon, Tenn.-based Wilson Bank Holding Co. appointed John Foster to serve as president of its unit Wilson Bank and Trust, with the appointment expected to become effective as of Jan. 1, 2020.
Foster has served as the bank's executive vice president and chief consumer and commercial banking officer since April 2019, according to a filing.
Upon the effectiveness of Foster's appointment as president of the bank, John McDearman III will relinquish his title as president and will assume the role of CEO of Wilson Bank and Trust. McDearman is also expected to become the president and CEO of Wilson Bank Holding on Jan. 1, 2020.
The leadership changes are being made in connection with J. Randall Clemons' retirement as president and CEO of the company and as CEO of the bank, which is expected to occur Dec. 31.
