Stock Yards Bancorp, Inc. announced that Laura L. Wells, a former director of Commonwealth, is the initial mutually acceptable director. The Company's board of directors has formally elected Ms. Wells to the boards of directors of the Company and its wholly-owned banking subsidiary, Stock Yards Bank & Trust Company (the “Bank”), effective May 17, 2022. Ms. Wells, 47, has served as a freelance reporter covering the Near and Middle East for various U.S. and international media outlets since September 2009.

She previously worked in institutional research and sales for Merrill Lynch & Co. Additionally, Ms. Wells was the co-founder and CEO of the Turkish office of an international online startup company from December 2010 to February 2012. She was first elected to the Commonwealth board of directors in 2016.

She will serve as a member of the Risk Committee of the Company's board of directors and the Trust Committee of the Bank's board of directors.