South Bend-based 1st Source Corp. says Melody Birmingham-Byrd and Lisa Hershman have been elected to its board and the 1st Source Bank board. Birmingham-Byrd is president of Duke Energy Indiana. She has 24 years of leadership and managerial experience in the electric power generation and automotive manufacturing industries. Birmingham-Byrd currently serves on multiple boards of directors and advisory boards including the Indiana Electric Association, the Indiana Chamber of Commerce, Special Olympics Indiana, Central Indiana Corporate Partnership, The American Association of Blacks in Energy and the United Way of Indiana. She also serves on the Financial Research Institute advisory board of The Robert J. Trulaske, Sr. College of Business, University of Missouri. Birmingham-Byrd has a B.S. in Organizational Leadership and Supervision from Purdue University, an M.B.A. from Strayer University, an Honorary Doctorate in Humane Letters from Saint Mary of the Woods College and graduated from the Advanced Management Program at Harvard University.

Hershman is deputy chief management officer of the U.S. Department of Defense. She has 31 years of leadership and management experience in consulting, turnarounds, business process management, operational management and engineering. Hershman currently serves on the Indiana Commission for Higher Education and previously served as chair of Avnet Inc.’s Executive Women’s Forum, national secretary of the Business and Professional Women’s Organization and as commissioner on the Indiana Commission for Women. She has been a board member for the Center of Interactive Learning and Collaboration, the Consortium for Advanced Management International, and The Richard G. Lugar Excellence in Public Service Series. Hershman also served on the Advisory Council for the Entrepreneurship Center of Miller College of Business at Ball State University. She has a B.S. in Industrial Distribution (Engineering and Management) from Clarkson University, an Executive Certificate in Innovation through IMD/MIT, and an Executive Certificate in Finance from Cornell University

Both directors are being elected to terms that end April 2021 and will be subject to reelection at that time.

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