People: Community Bank Shares of Indiana Inc (CBIN.OQ)
7 Mar 2014
Mr. Kerry M. Stemler is an Independent Director of Community Bank Shares of Indiana Inc., since 1997. He has been Chairman of the Board of Your Community Bank since May 2011. Director of Your Community Bank since 1994. President and Chief Executive Officer of KM Stemler Co., Inc., a commercial and industrial general contracting firm in the Southern Indiana/Metro Louisville, Kentucky market area. He has owned and operated this company since 1981. He is President and Chief Executive Officer of KM Stemler Trucking, Inc., a specialized interstate carrier of heavy equipment, industrial forklifts and machinery, primarily in the states of Indiana, Kentucky, Ohio, Illinois, and Tennessee. He is an owner/member of several commercial real estate property leasing and development companies in the region. Properties leased and developed include Class A office space, truck terminals, commercial warehousing and advanced manufacturing facilities. Mr. Stemler was appointed by the governor of Indiana to the Ohio River Bridges Bi-State Authority, where he serves as co-chair. Mr. Stemler is the Chairman of the Indiana Chamber of Commerce and Greater Louisville Inc. He has served and continues to serve on numerous boards within the community and his industry. Mr. Stemler has an understanding of complex financial reports and banking transactions. He has experience with banking regulations and compliance issues. His community involvement gives him the opportunity to offer insight to the Company that may be different from that of other members of the Board of Directors.
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