PINE
BLUFF, Ark., July 6, 2023
/PRNewswire/ -- Simmons Bank
(Simmons) announced today key changes to its leadership team.
"The restructuring of our banking division aligns with our
Better Bank Initiative by positioning us to capitalize on the
opportunity to grow and diversify Commercial and Corporate Banking,
while further emphasizing our Community and Retail franchise," said
Jay Brogdon, Simmons' president and
chief financial officer. "Recent industry events reinforce the
value of traditional community banking, for which Simmons has a
respected 120-year legacy. This foundation, coupled with the scale
we have achieved throughout our footprint, provides significant
opportunities to further enhance our future growth, particularly in
the commercial arena."
Chad Rawls has taken
on the newly created role of chief commercial banking officer.
Rawls previously served as chief credit officer overseeing all
credit activity including underwriting, approval and collections
across Simmons' six-state footprint. Prior to that position, he
served as chief metro banking officer and president of corporate
banking, with oversight of Simmons' metro market activity, treasury
management, equipment finance, institutional banking, small
business banking and C&I banking groups. Rawls will report
directly to Brogdon.
Earlier this year, Chris
White was named chief community banking officer. A
19-year veteran of Simmons, White has served in multiple leadership
roles with increased responsibilities, including Arkansas Community
Division president.
Veteran credit officers Josh
Herron and Steve
Wade have been tapped to lead Simmons' well established
credit function. Herron will serve as interim chief credit officer
and Wade will provide support during this transition as deputy
chief credit officer. A 22-year banking veteran, Herron served as
corporate credit officer since joining Simmons in 2020. Wade, a
seasoned veteran with 40 years of industry experience, most
recently served as assistant general counsel, having previously
served as Simmons' chief credit officer for almost six years.
Herron and Wade will report directly to Simmons' chief executive
officer, Bob Fehlman.
Simmons
Bank
Simmons Bank is a
wholly owned subsidiary of Simmons First National Corporation
(NASDAQ: SFNC), a Mid-South based financial holding company that
has paid cash dividends for 114 consecutive years. Simmons Bank operates 231 branches in
Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Founded in 1903, Simmons Bank offers comprehensive financial
solutions delivered with a client-centric approach. In 2023,
Simmons Bank was recognized by
Forbes' as one of "America's Best Midsize
Employers" and among the "World's Best Banks" for the
fourth consecutive year. In 2022, Simmons
Bank was named to Forbes' list of
"America's Best Banks" for the second consecutive year. Additional
information about Simmons Bank can
be found on our website at simmonsbank.com, by following
@Simmons_Bank on Twitter or by visiting our newsroom.
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SOURCE Simmons Bank