Shawn Davis will retire as CEO of Carlinville, Ill.-based CNB Bank & Trust later this year.
Chief Banking Officer Andrew Tinberg was promoted to president and will become CEO when Davis retires in the fourth quarter of this year. Hired by the bank in 1985, Davis has been CEO for 24 years. He will continue to serve on CNB’s Board of Directors.
The transition is part of the $1.6 billion bank’s years-long succession planning.
CNB Board Chair Richard Walden said Tinberg has played a crucial role in driving innovation at the bank and building a future growth plan. A community banker with more than 30 years of experience, Tinberg was hired by CNB in 2009 as market president of a branch in Oak Forest, Ill. He was elected to the bank’s board in 2020.
“We are fortunate to have a talented and experienced leader like Andy Tinberg to move into the CEO role,” Walden said. “Andy’s strategic and operational capabilities have been demonstrated consistently over his many years in the banking industry as well as over the past 14 years with CNB.”