John Foster named next WBT president
Effective January 2020, Planned Promotion Finalizes WBT Succession Plan
John Foster will be promoted to president of Wilson Bank & Trust to begin 2020, the bank’s board of directors announced today.
The move finalizes the present phase of Wilson Bank & Trust’s executive succession plan, which was introduced initially by the board in 2014. After the retirement of CEO Randall Clemons at the end of 2019, current President John McDearman will move into the CEO role, and Foster will join McDearman at the top level of management.
Foster, who had overseen the bank’s consumer lending operations since 2017, was promoted to chief consumer & community banking officer earlier this year. In that role, he has supervised the regional presidents in charge of each geographical division of the bank. Prior to moving to the Main Office as a lender in 2011 and then earning a senior vice president promotion in 2013, he was manager of the bank’s Gladeville office. Foster began his banking career at that location in 1998.
A lifelong Wilson County resident and Mt. Juliet High School graduate, Foster attended Middle Tennessee State University and has also earned a banking diploma from the Graduate School of Banking at LSU.
In the community, Foster has served as chairman of the Wilson County Fellowship of Christian Athletes and as a board member with United Way of Wilson County. He is a deacon at Gladeville Baptist Church. Foster and his wife Casey live in Gladeville and have two daughters, Ashley and Karli.
“John has proven himself as a very capable leader and decision maker, and he’s approached every new role with enthusiasm and a tremendous work ethic,” McDearman said. “He was a natural fit for the president’s role, and we look forward to great things as we work to keep making WBT an even better organization. Thanks to long-term planning by our board and the mentorship of Randall Clemons and Elmer Richerson in working with our next group of leaders, we’re well prepared for a seamless transition and a bright future.”
John Foster can be reached at (615) 547-5648 or at [email protected]