First Bank in Missouri taps insider as next CEO

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First Bank in Creve Coeur, Mo., has a new leader.

Shelley Seifert was named chairman and CEO of the bank and its holding company, FB Corp.

Seifert, who had been the bank's chief operating officer, succeeded Tim Lathe, who is planning to retire in July. Lathe will continue to work with Seifert for the next few months, the bank said in a Monday press release.

Seifert joined the $6.3 billion-asset First Bank in 2014 as chief administrative officer. She was promoted to chief operating officer 10 months later, overseeing retail banking, technology, operations, human resources and marketing.

First Bank has 94 branches in California, Missouri and Illinois.

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