TUPELO, Miss., June 25, 2014 /PRNewswire/ -- The Board of
Directors of BancorpSouth, Inc. (NYSE: BXS) has selected
Chris A. Bagley as the
next President and Chief Operating Officer of BancorpSouth
Inc. and BancorpSouth Bank. Bagley will succeed James V. Kelley upon his previously announced
retirement on August 15, 2014.
Kelley has served as BancorpSouth's President and Chief Operating
Officer since the Company's merger with First United Bancshares,
Inc. in 2000. Prior to the merger, Kelley served as Chairman,
President and Chief Executive Officer of First United Bancshares in
El Dorado, Arkansas.
Chris Bagley, who joined
BancorpSouth earlier this year as an Executive Vice President, was
previously a named executive officer and Chief Credit Officer of
Prosperity Bancshares, Inc. in Houston, Texas. "Chris provides proven
leadership and broad-based banking experience to our Company in his
new role as President and Chief Operating Officer," commented
BancorpSouth Chairman and CEO Dan
Rollins. "Chris and Jim
Kelley are working together to assure a seamless transition
with Jim's pending retirement in August. We appreciate Jim's
14 years of dedicated service and leadership to BancorpSouth, and
acknowledge his many contributions to our success. We wish him well
in his retirement."
Chris Bagley has over 31 years of
experience in commercial banking. He has served as a named
executive officer at a publicly traded financial holding company,
where he served on the 7 person executive committee which directed
and oversaw all bank lending and operations. During his
career, he has also served as a regional loan concurrence officer,
a voting member of the senior loan committee, member of the
operations and BSA risk committee(s), and was the lending liaison
for the fair lending component of compliance exams. He has also
served as a member of the board of directors for a publicly traded
financial holding company.
Prior to joining Prosperity Bank, he worked at both Texas
Commerce Bank as a commercial lender and Bank of Almeda where he
served in various key roles including, Internal Auditor, Compliance
Officer, commercial lender, and ultimately as the as the bank's
Chief Lending Officer as well as serving on the bank and holding
company board of directors.
Bagley received a Bachelor of Business Administration from
Stephen F. Austin State University and
a Master of Business Administration from the University of
Houston. He presently serves as an advisory board member of
the University of Houston banking
certificate program through the Bauer College of Business.
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 an insurance location in
Illinois.
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SOURCE BancorpSouth, Inc.