Mike Newbold, regional president for Huntington National Bank in the central Indiana market since 2006, plans to retire this summer, Huntington Bancshares Inc. announced Tuesday morning.
John Corbin, senior vice president and business banking market manager in Indianapolis, will succeed Newbold.
Newbold was executive vice president at Union Federal Bank of Indianapolis from 2003 to 2006, and was an executive at Bank One and its predecessor American Fletcher for 27 years before that.
“Mike has been an integral resource within Huntington’s senior leadership,” Steve Steinour, Huntington’s chairman, president and CEO, said in a written statement. “His experience and expertise have contributed to Huntington’s growth and success over the past several years. We appreciate his support in facilitating a smooth shift to leave the region in good hands as he retires.”
Newbold helped facilitate Union Federal’s $322 million merger into Sky Bank in 2006 and Sky Bank’s $3.6 billion merger into Huntington Bancshares two months later.
He will continue to serve as a consultant with Huntington during the transition.
“I am grateful to have had the opportunity to conclude my career working for Huntington,” Newbold said in a written statement. “I will continue to play an active role in the community as a volunteer as I enjoy the increased time for service retirement will bring. I congratulate John and know he is prepared and ready to take on the regional leadership role.”
Corbin has been with Huntington since 2005 after working for 11 years with Chase in business banking and branch delivery.
Columbus, Ohio-based Huntington Bancshares has $73 billion in assets and 750 branches in six states, including more than 40 in central Indiana. It has about 750 employees in the Indianapolis area.