Market Overview

1st Source Elects Two Women Leaders to Board of Directors


Duke Energy Indiana President and Deputy Chief Management Officer,
DOD, Join Board of Directors

1st Source Corporation announces the election to its Board and to the
1st Source Bank Board of Melody Birmingham-Byrd, President of Duke
Energy Indiana, and Lisa W. Hershman, Deputy Chief Management Officer,
U.S. Department of Defense. Together, these new leaders bring years of
experience and insight in business and operational management,
engineering and talent development to 1st Source Corporation and 1st
Source Bank. Both women have operational and financial experience in
their respective areas of expertise. "We are pleased to add these two
new Board Members who bring us greater diversity of thought and
experience in operations, change management, energy production and
distribution, and public outreach. Their backgrounds and experience will
blend well with our already strong Board," stated Chris Murphy, Chairman
of 1st Source Bank.

This press release features multimedia. View the full release here:

Melody Birmingham-Byrd, President of Duke Energy Indiana, elected to Board of Directors for 1st Sour ...

Melody Birmingham-Byrd, President of Duke Energy Indiana, elected to Board of Directors for 1st Source Corporation. (Photo: Business Wire)

Melody Birmingham-Byrd has 24 years of leadership and managerial
experience in the electric power generation and automotive manufacturing
industries. She is experienced in managing construction, maintenance,
operations, engineering, resource and project management as well as
regulatory affairs, government relations and community affairs. Ms.
Birmingham-Byrd currently serves on multiple boards of directors and
advisory boards including the Indiana Electric Association, the Indiana
Chamber of Commerce, Special Olympics Indiana, Central Indiana Corporate
Partnership, The American Association of Blacks in Energy and the United
Way of Indiana. She also serves on the Financial Research Institute
advisory board of The Robert J. Trulaske, Sr. College of Business,
University of Missouri. She has a B.S. in Organizational Leadership and
Supervision from Purdue University, an M.B.A. from Strayer University,
an Honorary Doctorate in Humane Letters from Saint Mary of the Woods
College and graduated from the Advanced Management Program at Harvard
University. "I am honored to join the board of directors of 1st Source
Bank, an institution that has remained committed to its customers and
communities for over 150 years. I look forward to helping the board and
company leadership continue to build on its legacy and
advance its mission," Birmingham-Byrd commented.

Lisa W. Hershman has 31 years of leadership and management experience in
consulting, turnarounds, business process management, operational
management and engineering. On April 3, 2018 she was sworn in as the
Deputy Chief Management Officer of the U.S. Department of Defense. She
brings expertise in process management, innovation and redesign,
managing mergers and acquisitions, and leadership training and
education. Ms. Hershman currently serves on the Indiana Commission for
Higher Education and previously served as the Chair of Avnet Inc.'s
Executive Women's Forum, National Secretary of the Business and
Professional Women's Organization, and as Commissioner on the Indiana
Commission for Women. She has been a board member for the Center of
Interactive Learning and Collaboration, the Consortium for Advanced
Management International, and The Richard G. Lugar Excellence in Public
Service Series. She also served on the Advisory Council for the
Entrepreneurship Center of Miller College of Business at Ball State
University. She has a B.S. in Industrial Distribution (Engineering and
Management) from Clarkson University, an Executive Certificate in
Innovation through IMD/MIT, and an Executive Certificate in Finance from
Cornell University. "I am pleased to be joining the Board of a company
so committed to the success of the communities it serves and ensuring
that its people and the company are part of the social and economic
fabric of each of its Indiana and Michigan communities," Hershman added.

Mr. Murphy went on to say, "1st Source is pleased to have these strong
leaders join its board of directors and know they will help the company
deliver on its mission to help our clients achieve security, build
wealth, and realize their dreams, giving them straight talk and sound
advice keeping their best interests in mind for the long term."

Both directors are being elected to terms that end April 2021 and will
be subject to reelection at that time.

1st Source Corporation, parent company of 1st Source Bank, has assets of
$6.05 billion and is the largest locally controlled financial
institution headquartered in the northern Indiana-southwestern Michigan
area. The Corporation includes 79 banking centers, 23 1st Source Bank
Specialty Finance Group locations nationwide, eight Wealth Advisory
Services locations and ten 1st Source Insurance offices. For more than
150 years, 1st Source has been committed to our mission of helping our
clients achieve security, build wealth and realize their dreams. For
more information, visit

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