Heartland Financial in Iowa Hires CFO

Heartland Financial (HTLF) in Dubuque, Iowa, has hired a chief financial officer.

Bryan McKeag will join the $5 billion-asset company on Sept. 23, it announced Wednesday. He will succeed John Schmidt, who left Heartland on July 15. David Horstmann has been serving as interim CFO.

McKeag, 53, is corporate controller and principal accounting officer at Associated Banc-Corp (ASBC) in Green Bay, Wis., a post he has held since 2000. He also has held positions at JPMorgan Chase (JPM) and KPMG. He will report to Lynn Fuller, Heartland's chairman, president and chief executive, and will oversee investing, accounting and finance.

McKeag "brings extensive experience in bank accounting and finance with highly-respected financial institutions," Fuller said in a press release. "His background in larger organizations will be invaluable as Heartland executes its expansion strategies."

Schmidt, 54, had been Heartland's CFO for 22 years before leaving to become CFO at A.Y. McDonald Industries, a manufacturer of water pumps.

In June, Heartland, a holding company for nine banks in eight states, agreed to buy Morrill Bancshares in Kansas for $62 million.

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