South Bend, Ind.-based 1st Source Corp. named Andrea Short president as part of the company’s long-term succession planning.
Short previously served as executive vice president of $8.7 billion 1st Source Corp. and will continue as president and CEO of subsidiary 1st Source Bank. She will also remain a board member of both the holding company and subsidiary.
Short assumes the presidential role from Christopher Murray III, who will continue as chair and CEO of 1st Source Corp. and chair of 1st Source Bank. Murray called Short “a proven leader who believes in our mission of helping our clients achieve security, build wealth and realize their dreams.”
Short has four decades of banking experience, including 26 years at 1st Source. She started her career at the bank as a tax director in 1998. She was promoted to vice president and controller three years later, and was named CFO in 2013. Short was named president of 1st Source Bank in 2020, and became bank CEO two years later.
A CPA, Short has a Bachelor of Arts degree from Alma College in Michigan. She completed the University of Chicago Booth School of Business’ Chicago Management Institute and Northwestern University Business School’s Executive Marketing Program. Short later graduated from Harvard Business School’s Advanced Management Program.
“This promotion also validates our commitment to the development of much of our future leadership from within the company,” Murray added. “Andrea brings knowledge, history, and years of strong performance to her new position. I look forward to continuing to work with her in the years ahead.”