JEFFERSON CITY, Mo.--(BUSINESS WIRE)--The Board of Directors of Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced that at the Company’s June 3, 2014 Annual Meeting of Shareholders, Philip D. Freeman and James E. Smith were re-elected as Class I directors to serve three-year terms expiring 2017.
Mr. Freeman has served as director of Hawthorn Bancshares since 1993 and is currently the owner/manager of a mortuary in Jefferson City, MO. Mr. Smith has served as director since 1997 and as chairman and chief executive officer of the company from 2002 through 2010 when he retired from daily operations.
Other members of the 6 member board include Chairman, CEO & President David T. Turner, Charles G. Dudenhoeffer, Jr., Kevin L. Riley, and Gus S. Wetzel, II. The Company’s advisory directorate is composed of Harold G. Butzer, David R. Goller, James R. Loyd and Julius F. Wall.
Shareholders also approved ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2014, the shareholder advisory vote on executive pay and a three year frequency on future executive compensation advisory voting.
About Hawthorn Bancshares
Hawthorn Bancshares, Inc., a financial-bank holding company headquartered in Jefferson City, Missouri, is the parent company of Hawthorn Bank of Jefferson City, Missouri with additional Missouri locations in Lee's Summit, Springfield, Branson, Independence, Liberty, Raymore, Columbia, Clinton, Windsor, Collins, Osceola, Warsaw, Belton, Drexel, Harrisonville, California, and St. Robert.
Statements made in this press release that suggest Hawthorn Bancshares' or management's intentions, hopes, beliefs, expectations, or predictions of the future include "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended. It is important to note that actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in such forward-looking statements is contained from time to time in the company's quarterly and annual reports filed with the Securities and Exchange Commission.
