Bank Five Nine in Wis. hires its next CEO

Bank Five Nine in Oconomowoc, Wis., will soon have a new CEO. 

The $1.5 billion-asset bank said in a LinkedIn post that Tim Schneider will also become its president in October. 

Schneider previously served as a senior vice president at Nicolet National Bank. 

Before that, he was the CEO of Investors Community Bank in Manitowoc, Wis., which was sold to Nicolet last year. 

“We conducted a national search for our next president and CEO, and Tim quickly rose to the top of a very competitive candidate pool,” Bob Snyder, the bank’s chairman, said in the post. 

“We are excited to have Tim lead our organization and I look forward to working with him," Snyder added.

Schneider will succeed Mark Mohr, who will remain with the bank until his retirement in 2023. Mohr will remain on the board.