 EFFINGHAM, Ill., Nov. 09, 2020 GLOBE NEWSWIRE -- Midland States Bancorp, Inc. NASDAQ: MSBI the Company today announced the retirement of John M. Jack Schultz from his position as Chairman of the Board of the Company, effective December 9, 2020. Jeffrey C. Smith, currently the Chairman of the Board of Midland States Bank the Bank, has been appointed to succeed Mr. Schultz as Chairman of the Board of the Company. Dean Bingham, currently a member of the Board of Directors of the Bank, has been appointed to the Board of Directors of the Company. 