First Bank CEO Shelley Seifert will retire at the end of this year. The St. Louis-based bank selected industry veteran Mikel Williamson to succeed Seifert.
Williamson, who was selected after an extensive search, served as president and CEO of Happy State Bank & Trust before its sale in 2022, staying on to oversee the bank’s Texas market. He will transition into her new role in the coming months.
“Mikel is a proven leader and the perfect person to succeed Shelley,” said FB Corp. Chair Michael Dierberg. “He has demonstrated success as a CEO and fostering growth through a strong culture and continuous improvement to serve clients.”
Seifert joined the bank in 2014 and was named CEO five years later. She informed the board of directors late last year of her retirement plans.
“Our bank, team members and family-owned business clients have greatly benefitted from Shelley’s leadership as she provided clarity of vision, direction and alignment throughout our organization,” Dierberg said. “She’s built an exceptional team and a scalable and frictionless infrastructure that provides a firm foundation for continued growth of the organization.”