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DALLAS, Dec. 15, 2020 (GLOBE NEWSWIRE) -- North Dallas Bank & Trust Co. (OTC:NODB) ("NDBT") today announced that W. Michael Shipman will retire as Chairman of the Board and Chief Executive Officer on March 31, 2021. Shipman will be succeeded by NDBT's current President, Larry A. Miller, effective April 1, 2021.
"It is fitting that during North Dallas Bank & Trust's 60
th year in business, we appoint a new leader who has Larry's vision, strong management style and customer based focus approach to banking," said Shipman. "Larry's character, ability to be innovative and his proven decision-making skills will serve our bank well as NDBT begins a new decade. We are confident that under Larry's direction and influence NDBT will continue to raise the expectations of what a bank can be."