David Findlay will become CEO of both Lakeland Financial Corp. and its subsidiary Lake City Bank at the company’s annual meeting on April 8, 2014, officials announced today.
Findlay, who is now the Warsaw-based company’s president and chief financial officer, will succeed Michael Kubacki, who will retain the chairman title. Lakeland is beginning its search for a new CFO. Findlay will retain the president title.
The transition is part of an ongoing succession strategy, Kubacki said in a statement. As of the company’s most recent proxy statement, filed in March for the annual meeting in April, Kubacki was 61 and Findlay was 51. A spokeswoman today said she was unsure whether either man has had a birthday since then.
Findlay joined Lake City as executive vice president and CFO in 2000. He was promoted to the presidency of the $3 billion bank in September 2010.