BELOIT (WIFR) - Blackhawk Bancorp, Inc. announced that R. Richard Bastian, President and Chief Executive Officer, has been given additional responsibilities as the Chairman of the Board of both the Company and its subsidiary, Blackhawk Bank. David Adkins, Executive Vice President, has been promoted to Chief Operating Officer. Todd James remains Executive Vice President and Chief Financial Officer. Bastian, Adkins and James will be the executive officers of Blackhawk Bancorp.
“With the Great Recession behind us, these changes will allow Blackhawk to focus on opportunities for organic growth and growth through merger or acquisition while we continue our commitment to improving the profitability and performance of Blackhawk Bank,” said Bastian. “Todd and Dave are part of an outstanding management team that has done a great job guiding both the bank and its clients through challenging times,” he continued.
Adkins joined the bank in 2004 as Senior Vice President, Mortgage Lending with over 31 years of banking experience. He most recently served as Executive Vice President of Consumer Banking. Adkins is a graduate of Illinois Wesleyan University and the Graduate School of Banking. James, a CPA, joined the Company as Senior Vice President and Chief Financial Officer in 2002 and is a graduate of Truman State University and the Graduate School of Banking.