K-State fans in attendance enjoyed hearing Gene Taylor reflect on his path to Manhattan, the people he was inspired by and how excited he is about the future of all K-State athletic programs. Closing out the Summit was popular economist Dr. Seifried, who indicated that while the Fed is currently forecasting slow growth but no recession, other forecasts are not as positive. KBA Past Chairman Mike Ewy, Community State Bank, Coffeyville (right) carried on the time-honored tradition of presenting incoming Chairman Mark Schifferdecker, GNBank, Girard (left) with a KBA logo embossed watch. According to Dr. Furman, burnout is quite common in today’s workplace. Two-thirds of full-time workers report experiencing burnout on the job. Jim Richardson, Frank Suellentrop and Ron Wente. One other family and 11 individuals, who were unable to attend, were recognized for achieving these remarkable milestones since the previous year’s CEO Summit. More information on these milestones starts on page 14. The annual business meeting took center stage, culminating in the election of officers. The newly elected KBA officers for 2023-2024 were announced: Chairman Mark Schifferdecker, GNBank, Girard; Chairman-Elect Gene Dikeman, Bank of the Plains, Hutchinson; Vice Chairman Julie Hower, Farmers & Drovers Bank, Council Grove; and Past Chairman Mike Ewy, Community State Bank, Coffeyville. Next, Kansas native Miki Bowman, who serves as the community bank designee on the Federal Reserve Board in Washington, D.C., shared her insights into the economy, inflation and the evolving landscape of bank regulation. Following her presentation, she engaged in a Q&A session with newly installed KBA Chairman Mark Schifferdecker, focusing on the myriad of regulatory challenges confronting community banks. The grand finale featured the popular economist Dr. Seifried, who offered a sobering outlook. While the Federal Reserve was cautiously optimistic about slow growth without a looming recession, other indicators, such as the steeply inverted yield curve, suggested a potential recession within the next 12 months. In conclusion, heartfelt thanks were extended to the dedicated bankers and associate members whose presence and participation contributed to the resounding success of the conference. Attendees were encouraged to mark their calendars for the upcoming CEO Forum on Aug. 8-10, 2024 and advised to secure their accommodations at the Broadmoor in advance due to the anticipated high demand. The 2023 CEO Summit undoubtedly stands as a testament to the vitality and resilience of the banking industry, offering valuable insights, fostering connections and recognizing outstanding contributions. It was a milestone event, setting a high standard for the years to come. 12
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