Shawn Davis, President and CEO of CNB Bank & Trust, N.A. headquartered in Carlinville, has announced that he will be retiring fourth quarter 2023. Andrew E. Tinberg, Chief Banking Officer, will assume the role of President & Chief Executive Officer. Davis will continue to serve on CNB’s Board of Directors.
Tinberg joined CNB as Market President of a new branch that CNB formed in Oak Forest in 2009, and was elected to CNB’s Board of Directors in 2020. Initially, Tinberg is promoted to President, and will assume the CEO title upon Davis’ retirement; this is part of a well-developed succession plan several years in the making.
Richard Walden, CNB’s Board Chair, stated, “We are fortunate to have a talented and experienced leader like Andy Tinberg to move into the CEO role. Andy’s strategic and operational capabilities have been demonstrated consistently over his many years in the banking industry as well as over the past 14 years with CNB. He has already played a pivotal leadership role in driving innovation and building an exciting plan for CNB’s future growth. We believe Andy’s energy, vision, inspirational leadership style, and earned respect of our employees make him the right choice to take CNB forward.”
A respected community banker for more than 30 years, Tinberg served as President and COO for Interstate Bank of Oak Forest prior to joining CNB. Tinberg earned his bachelor’s degree in finance from Northern Illinois University and attended Graduate School of Banking-Colorado and DePaul University College of Law. Additionally, Andy serves on the Illinois Community Bank Service Corp. Board of Directors, and is the Chairman of the organization’s Innovations Committee.
“I am thrilled to lead this outstanding organization and to continue the success Shawn has achieved over the last 24 years as CEO,” said Mr. Tinberg. “I appreciate the opportunity the Board has presented and look forward to working closely with them as we serve our communities.”
During Mr. Davis’ tenure, which began in 1985, CNB has steadily grown and prospered. Shawn has instilled an enviable culture of success that pervades the organization. In addition to his work at CNB, Shawn served the banking industry and his community in many ways with board positions at the national, state, and local levels.
James Ashworth, President of CNB’s parent company (CNB Bank Shares, Inc), added, “On behalf of the company, I want to thank Shawn for his many contributions to CNB. His dedication to our institution is unsurpassed, and he has been a force for positive change in all aspects of the organization. Shawn and Andy together have built an incredibly strong leadership team that has positioned us well as we enter this next phase of growth. We appreciate Shawn’s continued involvement as an advisor and board member as we ensure a smooth transition.”
Mr. Davis said, “I’m incredibly fortunate and honored to have led CNB for two and a half decades. Having spent the last several years working closely with Andy, I feel confident that he, our fantastic employees, and board of directors, will build upon CNB’s mission of service to our communities. I’m looking forward to watching CNB’s continued growth and success in the future.”