MARIETTA, Ohio, Jan. 25, 2011 /PRNewswire/ -- Peoples Bancorp Inc. and its banking subsidiary, Peoples Bank, National Association ("Peoples Bank") announce the hiring of Michael W. Hager to the position of Executive Vice President, Human Resources. Hager is responsible for the design and implementation of all human resources strategies, policies and processes throughout the company. Additionally, he will oversee leadership and talent development initiatives, compensation, benefits, staffing, education, workplace planning programs, and overall organizational effectiveness for Peoples' 580 associates.
"We welcome Mike to our leadership team," said David L. Mead, President and Chief Executive Officer of Peoples Bancorp Inc. and Peoples Bank. "His experience and talent for building relationships, along with his impressive business acumen, will be assets for our company."
Hager has held various executive level positions during his 40-year career, including a presidential appointment as Acting Director of the U.S. Office of Personnel Management. He also has extensive experience in the financial services industry. He earned his Bachelor of Science in Business Administration from Bluefield State College, Bluefield, West Virginia.
"Mike's approach to leadership will play a significant role in driving shareholder value," Mead said. "We look forward to Mike's contributions building upon the corporate culture that supports Peoples vision to be the leading financial services provider to the clients and markets we serve."
Peoples Bancorp Inc. is a diversified financial products and services company with $1.8 billion in assets, 47 locations and 40 ATMs in Ohio, West Virginia and Kentucky. Peoples makes available a complete line of banking, investment, insurance, and trust solutions through its financial service units – Peoples Bank, National Association; Peoples Financial Advisors (a division of Peoples Bank); and Peoples Insurance Agency, LLC. Peoples' common shares are traded on the NASDAQ Global Select Market® under the symbol "PEBO", and Peoples is a member of the Russell 3000 index of US publicly-traded companies. Learn more about Peoples at www.peoplesbancorp.com.
SOURCE Peoples Bancorp Inc.