TUPELO, Miss., Oct. 26,
2015 /PRNewswire/ -- BancorpSouth, Inc. (NYSE: BXS) has
announced the election of Thomas R.
Stanton to the Board of Directors of the Company and the
Board of Directors of BancorpSouth Bank, effective as of
October 28, 2015. He will serve as a
director of the Company until its 2016 annual meeting of
shareholders, at which time the Company expects that Stanton will
be nominated to a full term.
Stanton is currently the Chairman of the Board of Directors and
Chief Executive Officer of ADTRAN, Inc., a publicly-traded company
headquartered in Huntsville,
Alabama, and one of the world's most successful
telecommunications companies. ADTRAN, Inc. offers more than 1,700
network access products and systems used to enable Internet access,
telephony, data transport and video over voice and data
networks. Stanton served as Chairman of the Federal Reserve
Bank of Atlanta's Birmingham Branch from January, 2013 until
December, 2014.
"BancorpSouth is pleased to have this outstanding technology
industry leader join our Company's Board of Directors," said
Dan Rollins, BancorpSouth Chairman
and Chief Executive Officer. "Tom
Stanton's extensive management experience and business
acumen will be extremely valuable to the Board," added Hassell Franklin, BancorpSouth Lead Director and
Chairman of the Nominating and Corporate Governance Committees.
Stanton assumed the role of Chief Executive Officer of ADTRAN,
Inc. in 2005 and Chairman of the Board in 2007. Prior to joining
ADTRAN, he served as an executive for Transcrypt International and
held several senior management positions with E. F. Johnson
Company.
In addition to serving as the Chairman of the Federal Reserve
Bank of Atlanta's Birmingham Branch, he has also served on the
Board of Directors for a number of technology companies, the
Chamber of Commerce of Huntsville/Madison
County, and as Chairman for the Telecommunications Industry
Association (TIA). He is also a Board member for the Economic
Development Partnership of Alabama
(EDPA). Stanton holds a Bachelor of Science degree in Computer
Engineering from Auburn University.
BancorpSouth, Inc. is a financial holding company headquartered
in Tupelo, Mississippi, with
approximately $13.8 billion in
assets. BancorpSouth Bank, a wholly-owned subsidiary of
BancorpSouth, Inc., operates 286 commercial banking, mortgage, and
insurance locations in Alabama,
Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, including an insurance location in
Illinois. "Like" us on Facebook;
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LinkedIn.
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SOURCE BancorpSouth, Inc.