First Mid Bancshares announced that Matt Smith will become CEO and President effective July 1, 2026, succeeding Joe Dively who will transition to Executive Chairman. This leadership change is part of a long-term succession plan to maintain the company's culture and growth strategy. Smith, who joined in 2016 and became President in 2025, has played a key role in expanding First Mid's assets from $2.8 billion to $9.3 billion. Dively will continue to oversee mergers and acquisitions and board governance, ensuring continuity as the company pursues new opportunities.
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The US will impose a 25% tariff on most imports from Brazil starting July 22, following a yearlong investigation into alleged unfair trade practices by Brazil. The tariffs target issues such as Brazil's demands on US tech firms to remove political co...
