Jon Kranov will retire as president and CEO of Illinois-based Ottawa Bancorp Inc. and its unit, Ottawa Savings Bank, effective Aug. 16.
Craig Hepner will succeed Kranov in those positions. Hepner serves as executive vice president and COO at Ottawa Savings Bank.
Kranov will continue to serve as chairman of Ottawa Bancorp's board.
In addition, Chief Lending Officer Mark Stoudt will become COO in addition to his current role. CFO Marc Kingry will also promoted to senior vice pres...
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