Midwest Banc to cut exec pay, eliminate 100 positions

BY STEVE DANIELS (Crain’s) — Midwest Banc Holdings Inc. is cutting 100 positions and reducing the pay of its top executives, including just-hired CEO Roberto Herencia, as it continues to try to raise badly needed capital. The Melrose Park-based bank also last week announced the ...

Copyright CRAIN - Crain's
Contact Us