Management ChangeJul 20, 2026, 05:01 PM
Republic Bancorp RPG President Resigns; Interim Appointed
AI Summary
Republic Bancorp, Inc. announced that William R. Nelson resigned from his position as President of the Republic Processing Group (RPG) to pursue an executive leadership opportunity with an RPG customer. Mr. Nelson is expected to remain with the company until August 28, 2026, to facilitate a smooth transition of duties. Brent Shuman, who has 22 years of experience at RPG and most recently served as its Senior Vice President and Director of Product Operations, has been appointed Interim President of RPG.
Key Highlights
- William R. Nelson resigned as President of Republic Processing Group (RPG).
- Nelson is leaving to accept an executive leadership opportunity with an RPG customer.
- He is expected to remain with the Company until August 28, 2026, for transition.
- Brent Shuman has been appointed Interim President of RPG.
- Mr. Shuman previously served as Senior VP and Director of Product Operations at RPG.
- Shuman has 22 years of experience with RPG.
- RPG is a division of Republic Bank & Trust Company.
Price Impact
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