NorthWest Indiana Bancorp in Munster has appointed its chief executive's son as CEO-in-waiting.
Benjamin Bochnowski will be named chief executive of both the holding company and the $865 million-asset Peoples Bank at the bank's April 28 annual meeting. David Bochnowski will retire from both positions at the annual meeting, though he will remain chairman of both entities.
The younger Bochnowski started work at Peoples Bank in 2010 and has been the bank's president and chief operating officer since January 2015.
David Bochnowski joined Peoples Bank in 1977 as legal counsel and was named CEO in 1981. He was the company's largest shareholder, as of Feb. 20, 2015, holding a 12.5% stake.