Mr. Michael Scudder

• Retired Executive Chairman
• Old National Bancorp

Michael Scudder (Mike) retired as Executive Chairman of the Board of Old National Bancorp (NASDAQ: ONB) on January 31, 2024, and following a 38-year career in commercial banking.   Mike assumed the Executive Charman role following the merger of Old National and First Midwest Bancorp in February 2022. Previously, Mike served as President and CEO of First Midwest from 2007 to 2022 and as its Chairman of the Board since 2017.  Mike also held the position of First Midwest's Chief Financial Officer from 2002 to 2007 as well as other executive leadership roles. 

Mike began his professional career in public accounting with Peat, Marwick, and Mitchell (now KPMG) in 1982.  When Mike was recruited to join First Midwest in early1986, it was to a newly formed, publicly traded, 20 bank holding company with $1.3 billion in assets and serving communities across suburban Chicago as well as central and northern Illinois.  Over the succeeding 36 years, Mike helped First Midwest grow to $23 billion in assets and $13 billion in wealth assets under management as it became one of the largest financial institutions in metro Chicago, Illinois, and the Midwest.  Following First Midwest's merger with Old National in 2022, the Company continues as one of metropolitan Chicago and Illinois' largest financial institutions.  Now with over $50 billion in assets and $28 billion in wealth assets under management, the Old National of today, stands as the 6th largest commercial bank headquartered in the Midwest and one of the 35 largest in the nation.

Throughout his tenure, Mike has worked hard to stayed true to the Company's community-based roots and values and has had the privilege of serving or working with countless customers, bankers, and civic leaders from across the Midwest. Over his almost 40 years of service to the Company, he helped navigate its growth across multiple business and economic cycles and was involved in over 35 mergers and business combinations. 

Mike has served in numerous civic and philanthropic roles over the course of his career, notably as a long-standing member of the Illinois Bankers Association, an inaugural member of the Federal Reserve's Midwest Community Bank Advisory Board, Chairman of the ABA's CEO Council for Mid-Sized Banks and a member of the Board Directors of the American Bankers Association. Mike was a founding member and Chairman of the First Midwest Charitable Foundation.  He currently serves as the Chairman of the Board of Trustees of DePaul University, Vice Chairman of Silver Cross Hospital, a member of the Board and Executive Committee of the Will County Center for Economic Development, the Commercial Club of Chicago, the Economic Club of Chicago, and the Bankers Club of Chicago.