CNB stockholders hold annual meeting
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The stockholders of CNB Bank Shares, Inc. held their annual meeting on Tuesday, April 29th, at CNB’s corporate headquarters in Carlinville. In addition to receiving a report on the past year’s performance, stockholders reelected the incumbent board of directors for the ensuing year.
Reelected to the parent company’s board were James Ashworth, Judith Baker, Spencer Cohn, Shawn Davis, Nancy Ruyle, Andrew Tinberg, and Richard Walden.
At a subsequent organizational meeting of the company on May 13th, Richard Walden was reelected by the board to serve as Chairman, and James Ashworth was reelected as Vice Chairman. The officers of the company were reappointed to their current positions, including Ashworth as President, Tinberg as Executive Vice President, Davis as Senior Vice President, Tom DeRobertis as Vice President, and Kayla Mahaffay-Musson as Vice President and Controller. Ruyle was named as Corporate Secretary.
The board of the subsidiary, CNB Bank & Trust, N.A., was also reelected. The Bank’s board consists of Walden (Chairman), Ashworth (Vice Chairman), Baker, Davis, Ruyle, Joe Heitz, Rick Champley, Jim Salske, Kyle Schumacher, and Tinberg.
The officers of the Bank were reappointed to their current positions, including Tinberg as President and CEO, and Executive Officers Tom DeRobertis, Deborah McDowell, Kayla Mahaffay-Musson, Norma Bellcoff, Chris Williams, and Matthew Cors.
CNB Bank & Trust has full-service facilities in 17 communities, namely: Alton; Brighton; Carlinville; Carrollton; Chapin; Clayton, MO; Edwardsville/Glen Carbon; Hillsboro; Jacksonville; Jerseyville; Litchfield; Oak Forest; Palos Heights; Pittsfield; Taylorville; Tinley Park; and Virden. In addition to traditional loan and deposit banking services, CNB provides wealth management through its Trust operations, and investment brokerage through Financial Resources Group, as well as a wide range of residential fixed-rate loan products for access to the secondary market through CNB’s mortgage department. Total consolidated assets for the company at 3/31/25 were $1,799,652,000.
