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McDearman moves into role of President at Wilson Bank

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McDearman moves into role of President at Wilson Bank

Adhering to a succession plan its board of directors formulated several years ago, Wilson Bank & Trust has officially named Lebanon native John McDearman the successor of bank president Elmer Richerson as of Jan. 1, following Richerson’s retirement at the end of 2017.

"A strong succession plan is one of the main reasons we believe our future can be even brighter than our outstanding first 30 years, and John has been a key part of that plan since Elmer and I first discussed potential retirement dates with our board," CEO Randall Clemons said. "John has a heritage in community banking right here in Middle Tennessee, and he’s a proven and effective leader. He was an easy choice as we looked for the right person to guide our organization for the foreseeable future."

McDearman, an executive vice president with the bank since 2010, has worked in banking for 23 years.

"I’m humbled by the responsibility that comes with the role of president, but there’s great peace in knowing that I am not filling the shoes of a man like Elmer Richerson on my own," McDearman said. "With foresight and planning, Randall, Elmer and our board have a great executive team in place to carry out Elmer’s many responsibilities and continue the work he started. I’m grateful to be part of that group and excited about the things we can accomplish going forward."

Upon Clemons’ planned retirement at the end of 2019, McDearman, after two years in the president’s role, will move into the CEO role of Wilson Bank & Trust.

McDearman began his banking career with Bank of America as a management associate, loan officer and office manager, working in Nashville, Clarksville and Chattanooga before returning home to Lebanon to join Wilson Bank & Trust in 1998. He is an alumnus of Lebanon High School, Tennessee Technological University and the Graduate School of Banking at LSU.

McDearman has been active in the community throughout his career. He has served as president of the Lebanon Wilson County Chamber of Commerce and the Lebanon Noon Rotary Club; as a board member and chairman for United Way of Wilson County; as treasurer for Cumberland Region Tomorrow and Lebanon Youth Baseball; and as a member and former chairman of the Staff Parrish Relations Committee at Lebanon First United Methodist Church. He has helped promote economic growth and planning through service with the Joint Economic & Community Development Board of Wilson County, the AIA 150 Visioning Workshop for Lebanon, the Power of One leadership committee and Cumberland Region Tomorrow’s annual Regional Summit committee. A Leadership Wilson graduate, he has also contributed time and volunteer work to benefit organizations like Empower Me Day Camp, Kids Battle Diabetes, Relay for Life and Boy Scouts of America.

McDearman and his wife Kathy live in Lebanon and have four children, J.C., Eli, Mark and Mia.

This entry was posted on Thursday, January 4th, 2018 at 7:49 AM and is filed under News / Updates / General. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.



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