Old National Bancorp of Evansville, Ind., has named executive vice president James A. Risinger to take over as chairman and chief executive officer on Jan. 1.

Mr. Risinger, 48, will succeed John N. Royse, 64, who will retire. Mr. Royse, who has held the posts since 1994, will remain a director of the $5.6 billion-asset company.

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