Shaw named to Midland board

DIXON – Thomas D. Shaw, president and chief executive officer of Shaw Media, has been named to the board of directors of Midland States Bancorp Inc.

The company on Thursday announced the board appointments, effective Feb. 7, of Shaw and Richard T. Ramos of St. Louis. Both also were named to the board of Midland States Bank, the company’s wholly owned bank subsidiary.

“Midland’s rapid growth, both financially and geographically, provided us the opportunity to expand the depth and the expertise of our board,” said Jack Schultz, chairman of the board. “Rick and Tom bring experience and knowledge that parallels the direction of the company and our bank. We are honored to have gentlemen with their history of leadership and commitment join our organization.”

Shaw, a fifth generation of the Shaw family to manage the 161-year-old company, began his career in 1970 and has held numerous leadership positions within the Dixon-based company. He assumed his current position in 1993.

Before joining Maritz in 2000, Ramos was CFO for Purcell Tire and Rubber Co., practiced corporate law in St. Louis, and was a senior manager at KPMG LLC.

Midland States Bancorp Inc. is the holding company for Midland States Bank, with assets of $1.5 billion and assets under administration of about $770 million.

Midland States Bank operates 28 offices throughout Illinois, including Dixon, Sterling, Rock Falls and Oregon.