Scott Erickson was appointed CEO of Sioux Falls, S.D.-based American Bank & Trust.
Erickson’s appointment finalizes the board’s succession plan for retiring CEO Doug Tribble. Erickson was appointed president of American Bank & Trust last July and was identified as Tribble’s successor.
“The executive team and I have worked closely with Scott in all areas of the bank over the past nine months, and he is prepared to take on the role of CEO,” Tribble said. “Having had the privilege of leading this exceptional institution since 2017, I am confident Scott’s appointment to CEO marks the beginning of an exciting new chapter for the bank.”
A banker with 48 years of experience, Tribble is credited with growing AB&T to $1.7 billion from $700 million through acquiring two South Dakota banks and opening branches in four new markets.