TUPELO, Miss., June 26, 2014 /PRNewswire/ -- BancorpSouth (NYSE:
BXS) announced today a comprehensive management reorganization of
the Company's senior management responsibilities and reporting
structure. The reorganization impacts the Company's entire
senior management organization including its community bank system
along with its mortgage, insurance, credit card services, wealth
management, and leasing and equipment financing lines of
business. The reorganization also impacts BancorpSouth's
operations and technology, credit administration and loan
operations, accounting, compliance, audit, enterprise risk
management and administration functions. As part of the
reorganization, and as previously announced, Chris A. Bagley has been named President and
Chief Operating Officer; Bagley succeeds James V. Kelley. The Company announced
earlier this year Kelley's planned retirement, effective
August 15, 2014.
"This reorganization of the Company's senior management
responsibilities and reporting structure reinforces BancorpSouth's
total focus and commitment to growing loans, deposits and fee
income while building on the quality and high standards of the
BancorpSouth customer experience," said Dan
Rollins in commenting on the reorganization. "The
realignment of the company's front line sales and support functions
to focus on growth will be supported by coordinated efforts and
improved processes intended to maintain high quality credit
metrics, eliminate redundant product silos, improve and increase
internal communications, and drive our cost reduction and operating
efficiency initiatives; all intended to contribute to long-term
growth and increased shareholder value."
We have reorganized our reporting structure to focus on our
customers and their needs. This new reporting structure will
involve each senior staff member's area of responsibility being
represented on one of five major teams, all focused on
responsibilities either directly involved with business
development/sales or in support of such efforts. All front
line teammates, including banking, mortgage, insurance, wealth
management, and leasing & equipment finance, will be part of
the new "Business Development" team. The Credit team, including
Credit Administration and Loan Operations, will work to support all
Business Development lending teammates. All Operations
teammates will work together to support the Business Development
teammates, while the Administration and Accounting teams will
support all lines and functions throughout the Company.
"This alignment will provide for greater collaboration and
promotion of client interface between functions, especially so
between our Business Development team members, where the broadening
of client relationships and cross-selling of products and services
directly impacts bottom line results, said Dan Rollins. "In addition to helping
provide additional growth and sales opportunities for our Company,
this new organizational alignment will facilitate a more
streamlined and standardized operating process, promote
improved cooperation and require greater accountability by managers
and lead to a more efficient model to accomplish our long-term
growth goals."
Senior Management Information:
Dan Rollins
Chairman
and Chief Executive Officer
Dan Rollins has served as our
Chief Executive Officer since November
2012, and Chairman and Chief Executive Officer since
April 2014.
Prior to being selected by BancorpSouth's Board of Directors as
the Company's CEO in 2012, Dan served as President and Chief
Operating Officer of Prosperity Bancshares, Inc., a publicly traded
financial holding company.
Since assuming the CEO role at BancorpSouth in 2012, Dan quickly
went about carefully and methodically approaching necessary changes
in the Company with a goal of returning BancorpSouth to its
historically high profitability levels.
Through face-to-face meetings and other communications
emphasizing our key priorities of growing loans and deposits and
operating more efficiently, teammate contributions have been
recognized and substantial progress has been reported.
Team members are being encouraged to approach their work as owners
of the Company, and we continue to see improvements resulting from
those efforts.
Dan earned a Bachelor of Business Administration from The
University of Texas. He is also a graduate of The
Southwestern Graduate School of Banking at SMU.
Chris Bagley
President
and Chief Operating Officer
Chris Bagley has over 31 years of
experience in commercial banking. His experience with loan
administration, credit administration, the allowance for loan and
lease loss methodology, internally classified loan monitoring, fair
value accounting and reporting, as well as mortgage lending, BSA,
fair lending and compliance will all support BancorpSouth's long
term performance.
Chris earned a Bachelor of Business Administration from
Stephen F. Austin State University and
a Master of Business Administration from the University of
Houston. Chris is presently serving as an advisory board
member of the University of Houston
banking certificate program through the Bauer College of
Business.
James Threadgill
Senior
Executive Vice President
James Threadgill has over 27 years of experience in
commercial banking with BancorpSouth. James serves as
Senior Executive Vice President of BancorpSouth, reporting to
the President and COO with senior management responsibilities for
the Company's Business Development team. For the last 12 years, he
has been responsible for the executive management of our Mortgage,
Insurance and Wealth Management business units. Prior to
that, he served in senior management positions within the community
bank in Jackson, Vicksburg and the Mississippi Gulf Coast.
He joined BancorpSouth in 1987 after working with
the Mississippi Department of Economic Development in their Finance
Division.
James earned a Bachelor's Degree in Marketing from the
University of Mississippi, and is a
graduate of the ABA National Commercial Lending School. He
also attended Cumberland School of Law.
Gordon Lewis
Senior
Executive Vice President
Gordon Lewis has over 40 years of
experience in commercial banking. Gordon serves as Senior Executive
Vice President for BancorpSouth, reporting to the President and COO
with senior management responsibilities for the Company's Business
Development team.
Gordon joined BancorpSouth in 2000 through the merger with First
United Bancshares where he was the Regional Chairman of the bank
responsible for the Company's banks in Texas and Louisiana. Gordon also served
as Chairman, President and CEO of Fredonia
State Bank in Nacogdoches,
Texas as part of First United Bancshares.
Gordon earned a Bachelor's Degree in Accounting from
Texas A&M University and is a
Certified Public Accountant. He also completed the
University of Wisconsin School for Bank
Administration with a major in Controllership.
Bill Prater
Senior
Executive Vice President & Chief Financial Officer
Bill Prater has 27 years of
experience in commercial banking. Bill serves as Senior
Executive Vice President & Chief Financial Officer for
BancorpSouth. Reporting to the Chairman and CEO, he is
responsible for Financial Accounting, Investor Relations and Tax
Accounting.
Bill joined BancorpSouth in 2008 after serving as Executive Vice
President of Financial Segment Support at Regions Bank. Prior to
his career at Regions, Bill served as Senior Vice President of
Financial Accounting with SouthTrust Corporation. Bill began his
career with KPMG, LLP.
Bill earned a Bachelor's Degree in Accounting from the
University of Alabama in
Birmingham. He is a Certified Public Accountant.
Ron Hodges
Senior
Executive Vice President & Chief Credit Officer
Ron has over 41 years of experience in commercial banking.
He currently serves as Senior Executive Vice President and
Chief Credit Officer for BancorpSouth. Reporting to the President
and COO, he is also responsible for Loan Administration and Loan
Operations.
Ron joined the bank in 1973 and has worked in numerous areas of
the bank including: Branch Operations, Credit Card, Community
Bank President, Loan Administration and his current capacity of
Chief Credit Officer.
Ron earned a Bachelor's Degree in Banking and Finance from the
University of Mississippi, an executive
MBA from Duke University and is a
graduate of the Wisconsin Graduate School of Banking.
Cathy Freeman
Senior
Executive Vice President & Chief Administrative Officer
Cathy Freeman has over 24 years
of experience in commercial banking. Cathy serves as Senior
Executive Vice President & Chief Administrative Officer,
reporting to the Chairman and CEO. She is responsible for
Marketing, Human Resources, Facilities Management, and
Training. Cathy's team provides support functions for the
bank and the BancorpSouth Board of Directors.
Cathy joined BancorpSouth in 1990 as a Management Trainee.
Early in Cathy's career, she held officer positions in the student
loan and loan administration areas. In 1997, Cathy was
promoted to Corporate Secretary where she continues to support the
Board of Directors, while assuming additional responsibilities for
a range of administrative support functions.
Cathy earned a Bachelor's Degree in Banking & Finance and
Managerial Finance from the University of Mississippi. She is
a graduate of the Mississippi School of Banking and the ABA's
Stonier Graduate School of Banking.
Greg Ray
Executive Vice
President & Chief Banking Officer
Greg Ray has over 25 years of
experience in commercial banking. Greg serves as Executive
Vice President & Chief Banking Officer, responsible for the
Community Banking system staff, product sales, service and the
branch network. Prior to accepting a leadership role in community
banking in 2009, he had extensive experience in funds management,
wholesale funding, pricing strategy and interest rate risk
management.
Greg earned a Bachelor's Degree in Banking & Finance from
Mississippi State University. He holds the Chartered
Financial Analyst designation and is a graduate of the ABA Stonier
Graduate School of Banking.
Tommy Darnell
Executive
Vice President & Chief Sales Officer
Tommy Darnell has over 41 years
of experience in commercial banking. Tommy will be relocating
to Tupelo to assume his new role
as Executive Vice President & Chief Sales Officer responsible
for the Community Bank system's retail and commercial loan, deposit
and fee income production.
Tommy joined BancorpSouth in 2003, as President of the
Hinds County, MS Division, after
serving as Executive Vice President and Chief Credit Officer at
Trustmark National Bank. In 2012 Tommy was named Executive
Vice President and Division Manager for the newly created Corporate
Lending Division. Since its formation, working closely with
lenders across the system in a relationship context, the division
has contributed to the growth of our Company.
Tommy earned a Bachelor's Degree in Banking and Finance from
Mississippi State University and a
Master's of Business Administration from Mississippi College.
He also is a graduate of The Graduate School of Banking of the
South at LSU where he later served as a
member of the Board and as President. He is also a graduate
of the ABA National Commercial Lending School undergraduate and
graduate programs.
Jeff Jaggers
Executive
Vice President & Chief Information Officer
Jeff Jaggers has over 31 years of
experience in commercial banking. Jeff serves as Executive
Vice President & Chief Information Officer. Reporting to
the President and COO, he is responsible for all Company operations
and technology.
His experience with information technology, check processing,
Check 21, ACH processing, treasury management, project management,
community banking as well as deposit operations, BSA, deposit fee
income, vendor management and strategic planning will all aid the
company in achieving its long term goals.
Jeff earned a Bachelor of Business Administration Degree from
the University of Mississippi. He is also a graduate of the
ABA Stonier Graduate School of Banking. Jeff is presently
serving as a member of the board of directors of ECCHO (Electronic
Check Clearing House Organization) and serves on ECCHO's Executive
Committee.
Cathy
Robertson
Executive Vice President & Chief Risk
Officer
Cathy Robertson has over 37 years
of experience in commercial banking. Cathy serves as
Executive Vice President and Chief Risk Officer. Reporting
directly to the Risk Committee of the Board of Directors along with
the Chairman and CEO, she is responsible for Enterprise Risk
Management.
Cathy joined BancorpSouth in 1976 as a Management Trainee upon
earning a degree in Accounting from Mississippi State University. She has also
graduated from the Mid-South School of Banking, ABA National School
of Bank Card Management, and the Graduate School of Banking from
the University of Wisconsin. She
has served in many roles with the bank including loan officer,
personal banker, manager of the Student Loan Department, manager of
the Credit Card department, Corporate Secretary, and as division
head over Mortgage, Insurance, Trust, Investments and Sales
Finance.
Carol Waddle
Executive
Vice President and Chief Audit Officer
Carol Waddle has over 30 years of
audit experience. Carol serves as Executive Vice President
and Chief Audit Officer. Reporting directly to the Audit
Committee of the Board of Directors, she is responsible for the
Audit and Loan Review Division.
Upon earning a Bachelor of Accountancy from the University of Mississippi, she joined BancorpSouth
as a staff auditor. Carol then worked in public accounting
where she obtained extensive experience of financial statement
auditing, focusing principally in financial institutions.
She rejoined BancorpSouth with responsibilities for the Bank's
internal control environment. Her experiences in
regulatory reporting and Sarbanes-Oxley requirements continue to
benefit BancorpSouth.
Carol holds the designations of Certified Public Accountant,
Certified Bank Auditor, Certified Regulatory Compliance Manager,
Chartered Global Management Accountant and Certified Financial
Services Auditor.
Markham
McKnight
President – BancorpSouth Insurance Services,
Inc.
Markham serves as President of BancorpSouth Insurance
Services. He is responsible for BancorpSouth's insurance
brokerage line of business, including the Company's 33 insurance
offices in nine states.
Markham joined BancorpSouth in 2003 through a merger with Wright
& Percy Insurance Company, where he served as President and
Chief Executive Officer. He was promoted to President of
BancorpSouth Insurance Services in 2005.
Markham holds a Bachelor's Degree in General Studies, with an
emphasis in Construction Management, from Louisiana State University and a Master of Business
Administration Degree from LSU. He is a past Chairman of
the Council of Insurance Agents and Brokers. He currently
serves as Treasurer of the Louisiana Insurance Guaranty
Association and is the Chairman of the Board of the Worldwide
Broker Network.
Bob Althoff
President –
Northwest Region
Bob Althoff began his banking
career in Arkansas in 1971. During
the past 43 years, he served in various capacities for banks in
Arkansas and Texas, primarily in the management of
commercial lending divisions. Returning to his home state in 1987,
he was president of two different banking organizations prior to
organizing Pinnacle Bancshares, where he was President and CEO and
served on the Board of Directors. In 2002, Pinnacle Bancshares
merged with BancorpSouth, where Althoff continued as the President
of the Little Rock market. In
2004, he assumed the President position over the state of
Arkansas, and in 2012 he was named
President - Northwest Region, encompassing Arkansas and Missouri. This region includes 56 banking
locations with 450 employees, $2.2
billion in deposits and $1.6
billion in loans.
Bob earned a Bachelor's degree in finance from the University of Arkansas at Little Rock. He
also is a graduate of Southwestern Graduate School of Banking at
SMU. A Vietnam War veteran, Bob was awarded the Vietnamese
Silver Star, the American Bronze Star and the Army Commendation
Medal for Valor.
David
Barrentine
President – Southeast Region
David Barrentine has 36 years of
experience in commercial banking and, since 2003 has served as
President of the Southeast Region of BancorpSouth Bank with
responsibility for all 75 banking locations in Alabama, Florida and the south half of Mississippi with approximately $3.2 billion in deposits and $2.5 billion in loans.
David joined BancorpSouth as Division President in Jackson, MS, in 2001 after serving as an Area
Executive for AmSouth Bank. His community bank experience
includes responsibilities for consumer, commercial,
commercial real estate, private banking, and trust lines of
business. He also has served in credit administration
roles. Before assuming management responsibilities, David
served as a commercial and real estate loan officer.
David earned a Bachelor's degree in Banking and Finance from
Mississippi State University. He also received a Masters of
Business Administration from Mississippi College. He is a
graduate of The Graduate School of Banking of the South at
LSU, and the Stanford Executive Program at Stanford
University.
Lester Lucy
President –
Southwest Region
Lester Lucy has 31 years of
banking experience. Lester serves as President of the
Southwest Region of BancorpSouth Bank, a position he has held since
2008. He has responsibility for all 43 banking locations in
Louisiana and Texas with approximately $1.8 billion in deposits and $1.9 billion in loans. Under Lester's leadership,
BancorpSouth has entered new markets and achieved significant
growth in the region.
Lester joined BancorpSouth in 2004 as President of the
Longview, Texas market, later
becoming President – Southwest Region in 2008. Prior to
joining BancorpSouth, he served as Commercial Lender, Senior
Lender, and City Executive of Bank One in Longview, Texas; and, as a Vice President at a
savings bank in Houston,
Texas.
Lester earned a Bachelor's degree in Finance and a Master's
degree in Agriculture with a Real Estate Economics emphasis from
Texas A&M University. He is also a graduate of the ABA
National Commercial Lending School.
Brian Walhood
President
– Northeast Region
Brian Walhood has 26 years of
experience in commercial banking. Brian serves as President
of the Northeast Region of BancorpSouth with responsibility for 79
banking locations in Tennessee and
the north half of Mississippi,
with approximately $3.7 billion in
deposits and $1.9 billion in
loans.
Brian joined BancorpSouth in 1988 as a Management Trainee.
He has served as a loan officer, bank manager, Community Bank
President and Division President. He was named President of
BancorpSouth's Monroe, Louisiana
Division in 2001, and has served as BancorpSouth's President -
Northeast Region since 2003.
Brian earned a Bachelor's degree in Banking and Finance from
Mississippi State University and is a
graduate of The Graduate School of Banking of the South at
LSU.
Mike Meyer
Executive
Vice President
Mike Meyer has over 24 years of
experience in commercial banking and bank management. Mike
serves as Executive Vice President, assisting with efficiency
improvements across the footprint for BancorpSouth and expansion in
the Texas markets.
Mike joined BancorpSouth in 2014 after serving for nine years
with Prosperity Bank as President of the Central Texas Area, a $1.4 Billion, 34 location business unit. He
also served as Chairman/President of Village Bank and Trust in
Austin, Texas, a $100 Million community bank. From 1991
through 1998, Mike was Owner, President and CEO of M-R Medical, a
medical equipment and respiratory services company located in
Dallas, Texas.
Mike earned a Bachelor's degree in Finance from The University of Texas and is a graduate of the
Southwestern School of Banking at SMU.
Scott Dickey
President
– BancorpSouth Mortgage Services
Scott Dickey has 21 years of
experience in the mortgage industry, and serves as President of
BancorpSouth Mortgage Services. His experience in capital
markets, product development, operations and credit policy will
support growth in the area. Scott joined BancorpSouth in 2013
after serving as Senior Vice President of Secondary Marketing with
SouthTrust and Regions Bank, in Birmingham, AL.
Scott earned a Bachelor's Degree in Finance from the
University of Alabama at Birmingham.
He is a former board member and past President of the
Mortgage Bankers Association of Alabama.
George Carter
Executive
Vice President & Chief Loan Administration Officer
George Carter has 28 years of
experience in commercial banking. George serves as Executive
Vice President & Chief Loan Administration Officer. He is
responsible for Credit Risk and Loan Operations.
George joined BancorpSouth in 1986. His career includes
increasing responsibilities within the bank including management of
the loan review function, regional loan administrator and
commercial real estate risk management. He is a member of the
company's Credit Committee.
George earned Bachelor's degrees in Agricultural Economics and
Banking and Finance from Mississippi State
University, and a Masters of Agriculture from Mississippi
State. He is also a graduate of the Graduate School of
Banking of the South at Louisiana State
University.
Terry Mobley
President
– Wealth Management Services
Terry Mobley has 27 years of
experience in banking and financial services. Terry serves as
President – Wealth Management Services, and is responsible for the
Company's trust, asset management and investments lines of
business.
Terry joined BancorpSouth in 2008 as Senior Vice President after
serving as Senior Vice President and Regional Wealth Management
Executive of Trustmark National Bank. He also served as a
regional bank executive of SEI Investments, Senior Vice President
/Trust Officer/Director of Financial Services of Troy Bank & Trust in Troy, AL and Regional Account Executive of
CitiCorp Bank in Atlanta, GA.
Terry earned a Bachelor's degree in Finance from Troy State University in Troy, AL and is a
graduate of the National Graduate Trust School at Northwestern University in Evanston, IL. He is a graduate of
Southern Trust School held at Birmingham Southern University in Birmingham, AL, as well as the ABA National
Graduate Trust School. He has held designations of Series 6,
7, 63, 65, and Life and Health Insurance Licenses. Terry also
holds the Certified Trust and Financial Advisor, CTFA,
designation.
Michael Lindsey
Senior
Vice President & Chief Marketing Officer
Michael Lindsey has 25 years of
experience in commercial banking. Michael serves as Senior
Vice President & Chief Marketing Officer. He is
responsible for corporate marketing, corporate communications,
product development and training.
Michael joined BancorpSouth in 1989. He has experience in
systems development, debit cards, credit cards, online payments,
Internet and mobile banking, customer service, and marketing.
Michael received a Bachelor of Business Administration in
finance from the University of
Mississippi, a Masters of Business Administration from the
University of Memphis, and is a
graduate of the ABA's Stonier Graduate School of Banking.
Che Clay
Senior Vice
President & Chief Compliance Officer
Che Clay has 13 years of
experience in commercial banking. Che serves as Senior Vice
President and Chief Compliance Officer, reporting to the President
and COO. She is responsible for coordination and oversight of
regulatory compliance.
Che joined BancorpSouth in 2001 in the Central Loan Operations
area. Prior to assuming a role in employee relations, Che
earned a Bachelor of Business Administration from the University of Mississippi where her primary focus
of study was Human Resource Management. After earning a law
degree from the University of
Mississippi School of Law, Che worked as the Assistant
Corporate Secretary for BancorpSouth with responsibilities in
corporate governance affairs for the bank and its
subsidiaries. Che attended the ABA National Compliance School
and is a member of the Mississippi Bar.
Jeannie McNinch
Senior
Vice President & Controller
Jeannie McNinch has been with
BancorpSouth for 11 years. Jeannie serves as Senior Vice
President & Controller.
Jeannie joined BancorpSouth in 2003 as a Vice President in the
CFO's office. She had previously served as Controller for
Trammell Crow Company in Memphis,
TN, and Supervising Senior for KPMG Peat Marwick in
Memphis, TN.
Jeannie earned a Bachelor's degree and Master's degree in
Accounting from Mississippi State University. She is a
Certified Public Accountant.
Ken Anderson
Senior
Vice President & Chief Human Resource Officer
Ken Anderson has 31 years of
experience in banking. Ken serves as Senior Vice President
& Chief Human Resource Officer. His experience in
operations, internal audit, loan administration, loan review,
mortgage lending and as the employment relations manager and the
assistant manager of human resources gives him the background
necessary to lead the strategic mission of BancorpSouth's human
resources.
Ken received a Bachelor's degree in Banking and Finance from
University of Mississippi. He is a graduate of Southern Trust
School held at Birmingham Southern
University in Birmingham,
AL, as well as Trust Audit and Compliance School held at the
University of North Carolina at
Charlotte. Ken also completed the National Truth-In-Lending
Compliance School and the ABA National Compliance School held at
the University of Oklahoma in
Norman. Ken has attained the designations of Certified
Compensation Professional, (CCP) and Professional in Human
Resources, (PHR).
Will Fisackerly
Senior
Vice President & Director of Corporate Finance
Will Fisackerly has been with
BancorpSouth for 3 years. He serves as Senior Vice President
& Director of Corporate Finance.
Will joined BancorpSouth in 2011 as First Vice President and
Director of Investor Relations, after serving as Audit Manager with
KPMG LLP in Memphis, TN. He
was promoted to Senior Vice President and Director of Corporate
Finance in 2013.
Will earned a Bachelor of Accountancy degree and Master of
Professional Accountancy degree from Mississippi State
University. He is a Certified Public Accountant.
Fred Keen
Senior Vice
President & Chief Investment Officer
Fred Keen has 18 years of banking
experience. He serves as Senior Vice President & Chief
Investment Officer.
Fred joined BancorpSouth in 1996 as a Management Trainee.
He has served as an officer in Loan Review, Small Business Loans,
and Loan Administration. In 2001 he moved to Accounting and
Control until 2009. He then moved to the Funds Management division
and was named leader of that division in 2011.
Fred earned a Bachelor's degree in Aerospace Engineering and a
Master's degree in Business Administration from Mississippi State
University.
Keith Mansfield
Senior
Vice President & Chief Technology Officer
Keith Mansfield has 16 years of
banking experience. Keith serves as Senior Vice President
& Chief Technology Officer.
Keith directs the planning and implementation of enterprise IT
systems in support of business operations and is responsible for
managing the Information Technology Group. In addition, he is
responsible for business continuity and information security.
Keith joined BancorpSouth in 1998 as a Management Trainee
and has served in many roles with the bank including
manager of the Electronic Banking, Internet Banking, and Wire
Transfer departments.
Keith received a Bachelor of Business Administration in
Accounting from the University of Tennessee at
Martin, graduating with high honors and being named the
Outstanding Student in Accounting
and Administrative Services.
Jerome Dominescy
Senior Vice President &
Deposit Operations Manager
Jerome Dominescy is responsible
for all facets of Deposit Operations, Bank
Security and the BancorpSouth Call Center. He is also responsible
for leading the Company's operational process initiatives designed
to improve efficiency, reduce costs, and improve the effectiveness
in serving customers.
With over 34 years of management experience with banks that
include Compass Bank and Bank One, and 9 years with BancorpSouth,
Jerome has a track record of leading successful
teams responsible for Deposit and
Loan Operations, Consumer, Home Equity and Mortgage
Lending, and business planning, design and implementation.
Jerome has a Bachelor of Science with emphasis in Finance
and Management from Birmingham-Southern
College in Birmingham, AL.
BancorpSouth, Inc. is a financial holding company headquartered
in Tupelo, Mississippi, with
approximately $13.1 billion in
assets. BancorpSouth Bank, a wholly-owned subsidiary of
BancorpSouth, Inc., operates 295 commercial banking, mortgage, and
insurance locations in Alabama,
Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, including insurance location in
Illinois.
SOURCE BancorpSouth