Paul F. Clemens, chief financial officer of First Midwest Bancorp and its subsidiary, First Midwest Bank has advised the company that he will retire in 2017. Clemens, who will turn 65 in mid-2017, has shared his plans to facilitate a measured process for the selection of his successor and provide for a seamless transition.
“We certainly respect Paul’s decision to retire and accept it with enormous gratitude,” said Michael L. Scudder, president and chief executive officer of First Midwest Bancorp. “Over these past 10 years, Paul has helped forge First Midwest into one of the nation’s strongest and most trusted financial institutions. If anyone has earned both our thanks and the right to commit more time and energy to his family and enjoy the benefits of retirement, it is Paul.”