Allegiance Bancshares, Inc. Announces the Appointment of Jon-Al Duplantier as Director
January 29 2021 - 10:27AM
Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the
holding company of Allegiance Bank, announced the addition of
Jon-Al Duplantier to Allegiance’s Board of Directors. “I am pleased
that Jon-Al has agreed to join our Board as he brings deep
corporate governance and leadership experience that will be a
tremendous asset,” said George Martinez, Chairman of Allegiance.
Mr. Duplantier was previously the President of Rental Tools and
Well Services at Parker Drilling Company where he was responsible
for the company’s Rental Tools and Services business unit. As a
member of the company’s executive team, he was an active
contributor in discussions regarding strategy, business execution
and capital allocation. Mr. Duplantier began his career as a patent
attorney in the DuPont legal department before being transferred to
Conoco Inc., then a wholly-owned subsidiary of DuPont, where he
managed the legal affairs of two of the company's largest
subsidiaries, developed cultural awareness skills, addressed
commercial and regulatory disputes, labor and employment issues,
insurance programs, as well as anti-bribery and economic sanctions
compliance. Mr. Duplantier’s broad experience across commercial,
governance and legal aspects of business along with his
professional and leadership experience qualify him to serve on
Allegiance’s board, as well as on the Audit Committee.
“We welcome Mr. Duplantier to the Allegiance
team and appreciate his willingness to support and serve alongside
our dedicated Board,” said Steven F. Retzloff, Chief Executive
Officer of Allegiance. “With his extensive strategic execution,
risk management and legal experience, Mr. Duplantier undoubtedly
will provide meaningful contributions to the Board. His appointment
further enhances the diversity of perspectives on the Board and
advances our commitment to ensure our Board represents the diverse
communities we serve.”
About Allegiance Bancshares, Inc.
As of December 31, 2020, Allegiance was a $6.05 billion
asset Houston, Texas-based bank holding company. Through its wholly
owned subsidiary, Allegiance Bank, Allegiance provides a
diversified range of commercial banking services primarily to
small- to medium-sized businesses and individual customers in the
Houston region. Allegiance’s super-community banking strategy was
designed to foster strong customer relationships while benefiting
from a platform and scale that is competitive with larger local and
regional banks. As of December 31, 2020, Allegiance Bank
operated 28 full-service banking locations in the Houston region,
which we define as the Houston-The Woodlands-Sugar Land and
Beaumont-Port Arthur metropolitan statistical areas, with 27 bank
offices in the Houston metropolitan area and one bank office in
Beaumont, just outside of the Houston metropolitan area. Visit
www.allegiancebank.com for more information.
“Safe Harbor” Statement under the Private Securities
Litigation Reform Act of 1995
This release may contain forward-looking statements within the
meaning of the securities laws that are based on various facts and
derived utilizing important assumptions, present expectations,
estimates and projections about Allegiance and its subsidiaries.
Statements preceded by, followed by or that otherwise include the
words “believes,” “expects,” “anticipates,” “intends,” “projects,”
“estimates,” “plans” and similar expressions or future or
conditional verbs such as “will,” “should,” “would,” “may” and
“could” are generally forward-looking in nature and not historical
facts, although not all forward-looking statements include the
foregoing words. Forward-looking statements include information
concerning Allegiance’s future financial performance, business and
growth strategy, projected plans and objectives, as well as
projections of macroeconomic and industry trends, which are
inherently unreliable due to the multiple factors that impact
economic trends, and any such variations may be material. Such
forward-looking statements are not guarantees of future performance
and are subject to risks and uncertainties, many of which are
outside of Allegiance’s control, which may cause actual results to
differ materially from those expressed or implied by the
forward-looking statements. These risks and uncertainties include
but are not limited to whether Allegiance can: continue to develop
and maintain new and existing customer and community relationships;
successfully implement its growth strategy, including identifying
suitable acquisition targets and integrating the businesses of
acquired companies and banks; sustain its current internal growth
rate; provide quality and competitive products and services that
appeal to its customers; continue to have access to debt and equity
capital markets; and achieve its performance objectives. These and
various other risk factors are discussed in Allegiance’s Annual
Report on Form 10-K for the fiscal year ended December 31, 2016 and
in other reports and statements Allegiance has filed with the
Securities and Exchange Commission. Copies of such filings are
available for download free of charge from the Investor Relations
section of Allegiance’s website at www.allegiancebank.com, under
Financial Information, SEC Filings. Any forward-looking statement
made by Allegiance in this release speaks only as of the date on
which it is made. Factors or events that could cause Allegiance’s
actual results to differ may emerge from time to time, and it is
not possible for Allegiance to predict all of them. Allegiance
undertakes no obligation to publicly update any forward-looking
statement, whether as a result of new information, future
developments or otherwise, except as may be required by law.
Allegiance Bancshares, Inc.8847 West Sam
Houston Parkway N., Suite 200Houston, Texas
77040ir@allegiancebank.com
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