S&P Global Market Intelligence presents a daily roundup of management and board changes in the financial services and bank and thrift industries. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.

Banking

Michigan City, Ind.-based Horizon Bank appointed Julie Freigang to its board, effective Jan. 15, 2019.

Freigang is the vice president and chief information officer of Franklin Electric Co. Inc.

Financial services

Gary Stern is set to resign from the board of E*TRADE Financial Corp., effective Dec. 31.

Stern served as the president and CEO of the Federal Reserve Bank of Minneapolis from 1985 to 2009, S&P Global Market Intelligence records show.

Robert Chersi was elected as a director of the company and E*TRADE Bank, effective Jan. 1, 2019.

Chersi held several senior executive posts in the asset management industry, including CFO of Financial Services at Fidelity Investments and CFO of U.S. Wealth Management at UBS.

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WEX Inc. appointed Susan Sobbott to its board.

Sobbott, 54, was president of global commercial services at American Express Co.