Highlands Bancorp, Inc. and Highlands State Bank Announces Retirement of George E. Irwin

VERNON, N.J., Sep 24, 2014 (BUSINESS WIRE) The Boards of Directors of Highlands Bancorp, Inc. and its subsidiary Highlands State Bank announced the retirement of President and CEO, George E. Irwin as of October 3, 2014. Simultaneously Mr. Irwin was elected by the Boards of Directors as Chairman of Highlands Bancorp, Inc. and of Highlands State Bank. In his new role, Mr. Irwin will continue to provide his counsel on governance and strategic issues for the Company and the Bank. Bruce D. Zaretsky will assume the positions of Vice Chairman of the Boards of Directors of both the Company and the Bank. Steven C. Ackmann was elected as Chief Executive Officer and President of both the Company and the Bank effective at the same date. George E. Irwin was the founding CEO of Highlands State Bank and later the Highlands Bancorp. He guided the bank from its formation in 2004 to its opening in October of 2005. Under his leadership the bank has grown to over $250 Million in Assets. His retirement br
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