Peoples Bancorp Inc. ("Peoples") announced that David L. Mead plans to step down as Chairman of the Board of Peoples and its banking subsidiary, Peoples Bank, on October 31, 2020.  Mr. Mead also plans to retire from the Boards of Directors of Peoples and Peoples Bank, effective March 31, 2021.  Mr. Mead has served on the Boards of Directors of Peoples Bank and Peoples since 2005 and 2006, respectively, and as Chairman of the Board of both companies since 2016. With the announcement of Mr. Mead's retirement, the Peoples Board of Directors elected Susan D. Rector, a current independent director, as Chairman of the Board.  Ms. Rector will also serve as Chairman of the Board of Directors of Peoples Bank. Ms. Rector has been a director of Peoples Bancorp Inc. and Peoples Bank since 2011. Since 2018, Ms. Rector has served as Chair of the Compensation Committee of the Board of Directors of Peoples, and from 2012 until 2018, she served as Chair of the Governance and Nominating Committee. Ms. Rector, a native of Parkersburg, West Virginia, is an attorney and partner in the law firm of Peterson Conners LLP, in Columbus, Ohio, where she has practiced law since April 2017.