MidWestOne Financial Group, Inc. announced that its Board of Directors has named Charles (Chip) N. Reeves, 54, as its new Chief Executive Officer (CEO), effective November 1, 2022. Reeves succeeds Charlie Funk, who is retiring following a successful 22-year career with the organization. Funk will remain with MidWestOne through April 2023 as a special advisor to ensure a seamless transition, and he will continue to serve as a director on the Company's Board of Directors.

Reeves, a seasoned senior banking and financial services leader, brings a demonstrated track record of driving growth for community, regional and national institutions. In addition, he has extensive experience successfully managing fully integrated banking units across multiple lines of business including retail, small business, wealth management, and commercial banking. Most recently, Reeves served as President, CEO and Director of Beach Bancorp, Inc., parent company of Beach Bank, a Fort Walton Beach, Fla.-headquartered community bank.

Prior to that, he was President and Chief Operating Officer of Bank of the Cascades, a $3.2 billion publicly traded financial services company with operations in Oregon, Idaho, and Washington. Additionally, Reeves had a long-standing, 22-year career with Fifth Third Bancorp, where he held several executive leadership positions of increasing responsibility. These included: Executive Vice President, Head of Commercial Banking, Chicago; and, Market President, Fifth Third Bank, Chicago.

As Market President, he led all Fifth Third Bank activities in the Chicago-Northern Indiana region. Reeves graduated from Miami University, Oxford, Ohio, with a bachelor's degree in marketing. He has served as a Director or Trustee of many community and professional organizations including The United Way, American Heart Association, Positive Coaching Alliance, The Florida Bankers Association and the Chicago Economic Club.