Kenosha-based Southport Bank has named Russ Weyers president and chief executive officer.
Weyers replaces Timothy Schadeberg, who filled the role from May 2011 to December 2014. He has more than 25 years of banking and leadership experience. Weyers was group senior vice president at Cole Taylor Bank from 2011 to 2014. He previously served as executive vice president of Racine-based Johnson Financial Group and president and chief operating officer of Johnson Bank and has also worked in senior commercial lending positions at Bank One in Kenosha and Firstar Bank in Milwaukee.
“This is a positive new chapter in Southport’s story, and the board is extremely pleased and excited to have an experienced banking leader in Russ,” Guttormsen said. “He is as committed to this community as the board is and Southport Bank will once again focus on quality lending and excellent banking service. Southport Bank’s future is directly linked to the success of businesses and families in Kenosha County. Moving forward, we’re going to show our commitment to Kenosha.”
Weyers holds a bachelor’s in finance from University of Wisconsin-Oshkosh and an MBA from Marquette University.
“Southport Bank is a great organization that will work hard every day to make a difference for its customers and community,” said Weyers. “The Board and Southport’s employees have worked hard to restore the bank’s sound financial foundation and can now focus on delivering the best local service we can to our clients. Businesses and families in Kenosha value relationships and people who understand what makes this community unique,” Weyers added. “We’re going to demonstrate that in everything we do.”
Southport Bank has three locations in Kenosha County.