North Shore Bank Appoints New CEO

PRESS RELEASE: Dec. 7, 2016
CONTACT: Fred Lewis, Executive Vice Chairman
Phone: 218-722-4784  Ext.589
Email: flewis@banknorthshore.com

Duluth, MN – North Shore Bank of Commerce has officially announced the appointment of Ken Johnson as their new President and CEO. The Board of Directors engaged in a thoughtful process for the bank’s succession over the past few months which culminated in their decision to hire Ken Johnson. He will assume responsibilities on January 1, 2017 and will succeed Larry Johnson, who will be stepping down from this position after serving the bank for 54 years.

Ken Johnson is currently filling the role as Chief Operating Officer at North Shore Bank of Commerce and has been with the bank for 28 years, overseeing a number of different departments during that time. He currently serves on the Minnesota Bankers Association Board of Directors and is heavily involved in the banking industry on both a regional and national level. In addition, he serves on the Board of Directors for the Duluth Area Chamber of Commerce and believes in the importance of building a strong and vibrant business community.

According to Ken Johnson, “I look forward to continuing our commitment to serving and investing in our community, and providing the same excellence in customer service that we have become known for.”

Larry Johnson will transition into the role of a special advisor to the Board of Directors until his official retirement in April 2018. His incredible contributions to the legacy of North Shore Bank, and our community, will not be forgotten.

Additionally Fred Lewis will take on a new role as President of North Shore Financial Corporation, the holding company of North Shore Bank. This is a position previously held by Larry Johnson.

 

North Shore Bank of Commerce is a locally-owned and managed, independent, community bank that has been in business for over 100 years serving the residents of Duluth and the surrounding area. We offer a full array of traditional banking products as well as a complete selection of trust and investment services. For more information visit www.banknorthshore.com.

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