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Republic Bancorp, Inc. and Republic Bank & Trust Company Appoint Two New Directors to Their Boards

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Republic Bancorp, Inc. and Republic Bank & Trust Company have appointed two new directors, Yoania “Jo” Cannon and Alejandro “Alex” Sanchez, to their boards. Cannon brings strong managerial and finance expertise from positions at Brown-Forman , while Sanchez's background includes banking, military, and legal experience. Their addition is expected to enhance the company's strategic direction and community impact.

Positive
  • The appointment of Yoania “Jo” Cannon and Alejandro “Alex” Sanchez is a strategic move aimed at bringing diverse skills and insights to Republic Bancorp, Inc. and Republic Bank & Trust Company's boards.

  • Cannon's extensive experience in finance and brand strategy at Brown-Forman is set to add significant value to the company's boards, enhancing their strategic decision-making capabilities.

  • Alejandro “Alex” Sanchez's background in banking, military, and legal sectors will contribute to Republic's boards by offering a unique perspective on community engagement and inclusivity, aligning with the company's values.

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  • None.

LOUISVILLE, Ky.--(BUSINESS WIRE)-- The Officers and Directors of Republic Bancorp, Inc. (the “Company”) and Republic Bank & Trust Company (“Republic” or the “Bank”) are pleased to announce the appointment of Yoania “Jo” Cannon and Alejandro “Alex” Sanchez to the Company’s Boards.

Cannon is Vice President, Global Brand Strategy and Finance Capabilities at Brown-Forman Corporation. Sanchez is President and CEO at Salva Financial Group of Florida.

“I am excited that Jo and Alex are joining us and bringing their skills and insights to our Boards,” said Steve Trager, Executive Chair of Republic. “Their unique perspectives can serve as a catalyst for us as we look for new ways to serve our customers and our communities.”

Cannon’s strong managerial, business, accounting and finance expertise will add significant value to Republic’s already strong Boards.

“I am passionate about offering my experience to make a difference in the community where I live and work in a way that impacts the lives of others,” Cannon said.

Cannon’s previous experience with Brown-Forman includes serving as Director, Strategy and Brand Analytics from 2020 to 2023; Finance Director Global Travel Retail and Developed APAC from 2018 to 2020; Controller, Americas from 2016 to 2018; Division Finance Manager, West Division from 2014 to 2016; Commercial Finance Manager from 2012 to 2014; Finance Sales Operations Manager from 2009 to 2011; and Finance Analyst from 2007 to 2009.

She received a Master of Accountancy, MBA and a Bachelor of Science in Accounting from the University of Louisville.

Sanchez’s banking, managerial, business, military, educational and legal experience will be a considerable asset to the Republic Boards.

“Republic’s focus on an inclusive culture where all clients and associates can thrive is something I’m proud to support both through my professional and personal knowledge, and sense of community,” Sanchez said.

Sanchez previously served as President & CEO of the Florida Bankers Association from 1998 to 2023; a Board Director for Trustco Bank from 2022 to 2023; Board Member for the EXIM Bank Advisory Committee from 2018 to 2020; and a Member of the Federal Retirement Thrift Board from 2002 to 2010. Sanchez served in the United States Air Force from 1976 to 1981.

He has a Juris Doctor from the University of Iowa College of Law and Bachelor of Science in Business and Social Science from Troy University.

About Republic Bancorp, Inc. and Republic Bank & Trust Company

Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (The “Bank”). The Bank currently has 47 banking centers in communities within five metropolitan statistical areas (“MSAs”) across five states: 22 banking centers located within the Louisville MSA in Louisville, Prospect, Shelbyville, and Shepherdsville in Kentucky, and Floyds Knobs, Jeffersonville, and New Albany in Indiana; six banking centers within the Lexington MSA in Georgetown and Lexington in Kentucky; eight banking centers within the Cincinnati MSA in Cincinnati and West Chester in Ohio, and Bellevue, Covington, Crestview Hills, and Florence in Kentucky; seven banking centers within the Tampa MSA in Largo, New Port Richey, St. Petersburg, Seminole, and Tampa in Florida; and four banking centers within the Nashville MSA in Franklin, Murfreesboro, Nashville, and Spring Hill, Tennessee. In addition, Republic Bank Finance, a division of the Bank, has one loan production office in St. Louis, Missouri. The Bank offers internet banking at www.republicbank.com. The Company is headquartered in Louisville, Kentucky, and as of March 31, 2024, had approximately $6.9 billion in assets. The Company’s Class A Common Stock is listed under the symbol “RBCAA” on the NASDAQ Global Select Market.

Republic Bank. It’s just easier here. ®

Jim Ensign, Senior Vice President & Chief Brand Officer

(502) 584-3600

Source: Republic Bancorp, Inc.

Republic Bancorp Inc/KY

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