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Blackhawk Bancorp (BWHB) in Beloit, Wis., announced several executive changes.
January 10 -
The $558 million-asset company said Monday that it would use proceeds from the sale to retire its senior debt and support its balance sheet.
April 1
Blackhawk Bancorp in Beloit, Wis., has a new president.
The $586 million-asset company said Monday that David Adkins, its chief operating officer, would succeed Rick Bastian as president. Bastian will remain chairman and chief executive; he was named to those posts in January.
Adkins, who once oversaw consumer banking at Blackhawk,
Adkins, who joined Blackhawk in 2004, will have most of the day-to-day responsibilities for the company, which has eight branches in Wisconsin and Illinois. Bastian will continue to oversee the company's overall performance and strategic direction, the company said.