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First Merchants CFO gets additional title of COO

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First Merchants CFO gets additional title of COO

's board onMay 2 added the title of COO to the responsibilities of Mark Hardwick, who hasbeen executive vice president and CFO since 2005.

His newtitle will be executive vice president, CFO and COO.

Also on May2, the Muncie, Ind.-based company declared a cash dividend of 14 cents pershare, which it said is a 21% increase over the previous quarter.The latest dividend is payable June 17 to shareholders of record on June 3. Thecompany said that for purposes of broker trading, the ex-date of the cashdividend is June 1.