DRIPPING SPRINGS, Texas, Aug. 15, 2016 /PRNewswire/ -- Pioneer Bank announced today that its Board of Directors has appointed Ron Coben as interim Chief Executive Officer effective immediately. Jeff Wilkinson, Pioneer Bank's President and CEO has resigned to pursue his next entrepreneurial challenge.
Pioneer Bank Chairman Whit Hanks described the change in leadership as a natural evolution of the institution, "With every change comes opportunity," said Hanks. "As a founding member of Pioneer Bank, Jeff was instrumental in building the bank into the institution it is today. We thank Jeff for his leadership throughout the years and wish him nothing but the best in his new endeavors." Hanks continued, "As we transition into a new phase of the Pioneer Bank story, we are very pleased to have an experienced executive like Ron Coben step into the role of interim CEO and provide leadership."