Park National Corporation Names Matthew R. Miller as New CEO

Matthew R. Miller, currently Park's President, will take on the role of Chief Executive Officer effective January 1, 2026. Miller will retain his title as President, and David L. Trautman will continue as Chair of the Board. Miller's appointment follows a thorough evaluation by the board of directors, who voted to approve his appointment in their July 28 session. The transition reflects the board's commitment to strong governance and leadership continuity.

Key Takeaways:

  • Matthew R. Miller, currently President of Park National Corporation, will become the new CEO effective January 1, 2026, retaining his title as President.
  • David L. Trautman will continue as Chair of the Board.
  • The transition is the result of a thorough evaluation by the board of directors, who voted to approve Miller's appointment in their July 28 session.
  • Park's board of directors conducted a thorough evaluation before proposing Miller as the organization's next CEO.
  • Miller has led increasingly important strategic and tactical initiatives and is well-suited to lead the organization in the future.
  • Miller has served as Park's president since 2019, while Trautman has served in various leadership roles at Park for 42 years, including President from 2005 through 2019 and CEO since 2014.
  • Under their combined leadership, Park has grown to reach more customers and communities by empowering bankers to deliver on Park's promise of providing exceptional service with empathy and integrity.
  • Miller expressed his appreciation for the board's confidence, stating, "I'm grateful for the opportunity to continue my leadership journey at Park and look forward to working closely with David and the board."
  • Miller also stated that he and Trautman "aren't finished with their work together" and are eager to help Park be all it can be for colleagues, customers, and communities alike.
  • Rachel Miller, the current Vice President, will take over as the new banking leader.
  • Park National Corporation has $9.9 billion in total assets (as of June 30, 2025).

Statistics:

  • Park National Corporation has $9.9 billion in total assets (as of June 30, 2025).
  • Miller has led increasingly important strategic and tactical initiatives since 2019.
  • Trautman has served in various leadership roles at Park for 42 years.
  • Park has grown to reach more customers and communities by empowering bankers to deliver on Park's promise of providing exceptional service with empathy and integrity.

Sources:

  • GlobeNewswire, "Park National Corporation Announces Leadership Succession," July 29, 2025.
  • GlobeNewswire, "Matthew R. Miller to Become CEO of Park National Corporation," July 29, 2025.
  • Park National Corporation, "About Matthew R. Miller," July 29, 2025.
  • Park National Corporation, "About Park National Corporation," July 29, 2025.