MATTOON — First Mid Wealth Management is pleased to welcome Andrew “Andy” Cave as its new senior vice president, Business Development and Strategy.
He will be responsible for business development and strategy across all four of First Mid Wealth Management’s business lines – trust, retirement services, farm and brokerage. Prior to joining First Mid, Cave served as president of Soy Capital Bank and Trust, and has played an integral role in the recently completed Soy Capital conversion.
“We are very excited to have Andy join the First Mid team,” says Brad Beesley, president and CEO of First Mid Wealth Management. “His commitment to the team and community is admirable; and with his expertise and leadership, the Soy Capital transition has been seamless. I know he will accomplish a lot in his new role, and I am looking forward to working together with him.”
First Mid completed its acquisition of Soy Capital in November 2018, and completed the conversion of the former Soy City banking centers to the new name on April 8.
After graduating from Bradley University, Cave joined Soy Capital in 2003 as a business analyst in the company’s technology department. He later served in various commercial lending roles from 2007 to 2016, and was then promoted to president of Soy Capital in 2017. Cave holds a master’s degree from the University of Illinois at Urbana-Champaign where he earned the Academic Excellence Award, and also studied at the Commercial Lending School at the Southwestern Graduate School of Banking at Southern Methodist University.
Cave currently serves on the boards of BabyTALK, Inc., Community Investment Corporation of Decatur, and Country Club of Decatur. He has been involved in many community organizations, including Decatur Metropolitan Rotary; Lincoln Trails Council of the Boy Scouts of America; University of Illinois 4-H and Extension Foundation; and St. Mary’s Hospital.
For more information about First Mid, go to www.firstmid.com.