7
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
July 6, 1999
COMMUNITY TRUST BANCORP, INC.
(Exact name of registrant as specified in its charter)
Kentucky 0-11129 61-0979818
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
208 North Mayo Trail
Pikeville, Kentucky 41501
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(606) 432-1414
Not Applicable
(Former name or former address, if changed since last
report)
<PAGE>
Item 5. Retirement of President & CEO
Burlin Coleman, President & CEO of Community Trust
Bancorp, Inc. has retired after 50 years of service. Mr.
Coleman will continue to hold the position of Chairman of
the Board. Other promotions are announced.
See Exhibit 1.
<PAGE>
Signatures
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned thereunto duly
authorized.
Community Trust Bancorp, Inc.
July 8, 1999 By:/s/Jean R. Hale
Jean R. Hale
President & CEO
<PAGE>
INDEX TO EXHIBITS
Exhibit Sequentially Numbered Pages
1 Community Trust Bancorp, Inc. 5-7
Press Release dated July 6, 1999
<PAGE>
Exhibit 1
Community Trust Bancorp, Inc.
P.O. Box 2947
Pikeville, KY 41502
COMMUNITY TRUST BANCORP, INC.
NEWS RELEASE
Burlin Coleman retires after 50 years of service
and promotions are announced
For Immediate Release
Tuesday, July 06, 1999
Contact: Jean R. Hale
Community Trust Bancorp, Inc.
606-437-3294
As announced during the Annual Shareholders meeting
on April 27, 1999, Burlin Coleman retired as
President and CEO of Community Trust Bancorp, Inc.
effective June 30, 1999. Mr. Burlin Coleman will
continue to serve as Chairman of the Board of
Community Trust Bancorp, Inc. and Community Trust
Bank, N.A. Ms. Jean R. Hale has assumed the role
of President and CEO of Community Trust Bancorp,
Inc.
"Jean is a highly skilled and accomplished banker.
Her thirty years, nearly twenty as a participant in
senior management, has provided her with the skills
and experience needed to fill this position. In
addition, she is highly motivated and the hardest
working person I know. I have complete confidence
in her ability to lead Community Trust Bancorp, Inc.
successfully in the new millennium," stated Burlin
Coleman.
<PAGE>
Jean has been extremely active in community
involvement at local, regional and national levels.
She is a director of the Federal Reserve Bank of
Cleveland, Cincinnati Branch. She currently serves
on the Board of Directors of many organizations
including: Kentucky Economic Development Finance
Authority of the State of Kentucky, Kentucky Coal
and Export Council, Prestonsburg Community College,
East Kentucky Exposition Center, Commonwealth Small
Business Development Corporation, and is Vice
Chairman of the Honey Branch Development
Corporation. Jean is a graduate of Pikeville
College with a Bachelor of Science degree in
Business and a graduate of the prestigious Stonier
School of Banking at Rutgers University.
Jean is married to Jack Hale and has one son,
Michael J. Hale.
Mark Gooch has been promoted to Ms. Hale's previous
position, President and CEO of Community Trust Bank,
N.A.
Mr. Gooch has been in the banking industry since
1976, during which time he has held many positions.
He began his career in the Neon Branch office. Mark
has progressed in his career to such positions as
Branch Manager, Loan Officer, Compliance Officer,
Cashier, Vice President and Chief Operating Officer
and President and CEO of the Whitesburg Market. In
1997 he was promoted to the position of Executive
Vice President - Operations Division. With this
wide array of experience, Mr. Gooch brings in-depth
banking knowledge to his new position as President
and CEO of Community Trust Bank, N.A.
Mr. Gooch received his Bachelor of Business
Administration in Finance from the University of
Kentucky.
Mark resides in Pikeville with his wife Patricia and
their three children, Gabriel, Natalie and Stacie.
He is very involved in his children's extra
curricular activities including the Pikeville Senior
League Baseball.
Jean R. Hale stated, "Mark is a great asset to our
company and exemplifies the qualities and character
Community Trust Bank is built on."
Charlotte Vance has been promoted to Mark Gooch's
previous position, Executive Vice
President/Operations.
Ms. Vance has been in the banking industry since
1976 and has held many positions throughout the
company such as; Auditor, Corporate Compliance
Manager, and most recently Senior Vice
President/Deposit Operations.
Ms. Vance received her Bachelor of Science degree in
Business Administration from Morehead State
University. She has also attended many banking
related schools such as the National Graduate School
of Compliance and the BAI Operations and Technology
School.
<PAGE>
Community Trust Bancorp, Inc. with assets of $2.2
billion, is headquartered in Pikeville, Kentucky,
and has 62 banking locations across eastern and
central Kentucky, and 7 banking locations in West
Virginia.
