President/Chief Executive Officer

Position Title: President/CEO

Department: Executive

Reports To: Chairman of the Board

General Summary/Purpose

The President/CEO serves as the chief strategist and chief executive leader of Paducah Bank and has responsibility for building shareholder value by enhancing the performance, quality, and long-term profitability and soundness of the Bank. The President/CEO is responsible for shaping the Bank’s vision, driving strategic growth and financial performance, and ensuring regulatory compliance, while fostering a culture of trust and unified direction.

Since Paducah Bank’s founding in 1948, we have remained a locally owned and independently operated community bank committed to the genuine care of our customers and the communities we serve. Today, as a $1 billion bank with offices in Paducah and Louisville, Kentucky, we have the capacity to offer a variety of consumer and commercial financial services, including traditional banking, trust, brokerage, private wealth, and secondary market products. Personalized attention delivered by our dedicated employee-owners using sophisticated technology enables us to provide premier service to customers in more than 40 states. We take pride in our culture of care, innovation, and civic engagement, and our goal is to remain the investment of choice for our shareholders and the market leader in Paducah as we grow in Louisville.

The President/CEO of Paducah Bank is a rare and rewarding opportunity to provide meaningful impact through strategic leadership and true service, leading a financially robust, community-centered institution with a long tradition of stability and trust. The next President/CEO will have the opportunity, along with the owners and Board of Directors, to actively shape and mold the Bank’s future while honoring the values that define Paducah Bank’s trusted brand and reputation.

Key Duties and Responsibilities

#1 Strategic Leadership. Develop and execute strategic plans in alignment with Board directives to enhance growth, profitability, and service excellence. Ensure alignment between business operations and Bank’s mission and values. Identify new market opportunities and lead innovative initiatives. Evaluate and explore new lines of business, delivery systems, and geographic market areas.

#2 Financial Management. Ensure sound financial performance and asset quality across all lines of business. Manage asset quality and capital adequacy in line with Board and regulatory standards. Oversee budgeting and forecasting, continuously evaluating measurable goals and organizational performance.

#3 Governance & Compliance. Cultivate strong relationships with regulators and audit bodies. Ensure the implementation of effective internal controls and risk mitigation strategies. Ensure adherence to banking regulations and industry standards.

#4 Technological Astuteness. Demonstrate exceptional acumen in leveraging emerging technologies for driving strategic innovation across the organization. Strong grasp of digital trends and AI-driven analytics. Ability to effectively integrate tech solutions to enhance organizational agility, empower teams, and elevate customer engagement.

#5 Team and Culture Building. Leads, inspires, and mentors a high-performing, collaborative executive team, building bench strength as needed. Builds teamwork across functional areas. Clearly and consistently articulates ideas, provides feedback, and encourages professional development across the Bank.

#6 Operational Oversight. Lead executive team and oversee day-to-day operations across all departments. Champion digital transformation and process efficiency. Monitor performance metrics and adjust operations to meet goals. Promote a culture of accountability and continuous improvement.

#7 Community Engagement. Serve as the public face of the Bank, fostering strong relationships within the community. Represent the Bank with regulators, industry groups, and civic organizations.

Education, Training and Skills Required

(Identify the minimum required to perform the duties and responsibilities.)

____ Limited training normally acquired through high school education

____ Specialized education/training normally acquired through up to 18 months of higher education

____ Education/training equivalent to an Associates’ Degree

_X__ Education/training equivalent to a Bachelors’ Degree

____ Education/training equivalent to a Masters’ Degree

_X__ Advanced education/training in a recognized field

_X__ Other (please specify)

*MBA, Graduate-Level education, or additional financial services accreditations preferred

Experience Required

(Identify the minimum required to perform the duties and responsibilities as well as the type of experience required.)

____ None

____ Three months to one year

____ More than one year, fewer than three years

____ More than three years, fewer than five years

____ More than five years, fewer than eight years

_X__ More than eight years

· Deep and broad understanding of community banking principles, regulatory environment, and market dynamics

· Proven track record of strategic planning, fiscal management, and team leadership

· Adept at regulatory compliance and financial strategy

Personal characteristics include:

· An inspiring individual with the highest professional and personal ethics/standards; a role model who leads by example

· Possessing a sincere, outgoing manner that inspires trust, confidence, and respect; influences through sound, informed judgment; creates and maintains an environment in which others can proactively deliver insightful analyses and practical solutions that advance the Bank’s strategic priorities

· Demonstrates self-awareness of the limits of their expertise, and knows when and how to leverage the experience and expertise of others

· A curious thinker who seeks out new ideas, welcomes differing perspectives, and is unafraid to pursue new perspectives and course-correct as necessary; reconciles differences to achieve optimal outcomes, and holds self and others accountability for the highest quality execution

· Leads effectively through change by communicating thoroughly and with compassion