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Porter Bancorp, Inc.
PBIB, parent company of PBI Bank,
announced today that Maria L. Bouvette will retire as Porter Bancorp's
Chairman of the Board and CEO, and as Chairman of the Board of PBI Bank
on July 31, 2013. Effective with Ms. Bouvette's retirement, W. Glenn
Hogan is expected to be elected Chairman of the Board of Porter Bancorp,
and John T. Taylor will be named CEO of Porter Bancorp, following
regulatory approval.
Commenting on her retirement from all positions with Porter Bancorp and
PBI Bank, Maria Bouvette stated, “Our succession planning process began
with the hiring of John Taylor as President and CEO of PBI Bank and
President of Porter Bancorp a year ago. John and his team have
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