Content area
Full Text
S&P Global Market Intelligence presents a weekly news summary of executive management and board chair-level changes in the bank and thrift industry.
Jan. 18
Bear State Bank President James Machen is now president and CEO of the bank and its parent, Bear State Financial Inc.
The promotion follows Mark McFatridge's resignation as president and CEO of the company.
Machen, who is 35 years old, joined the bank in 2011.
Jim Haley, president and CEO of Olympia, Wash.-based Thurston First Bank, a division of Tacoma, Wash.-based Commencement Bank, is set to retire.
On Nov. 2, 2016, Commencement Bank completed its acquisition of Thurston First Bank.
Haley was chief credit officer of Thurston First Bank from 2004 to 2008. Commencement Bank President and CEO Harald Russell will assume Haley's responsibilities.
Jan. 17
Bridgewater Savings Bank promoted Richard Fisher to executive vice president and COO from executive vice president and director of operations.
The bank is a unit of Bridgewater Financial MHC.
Once the deal between Tupelo, Miss.-based Renasant Corp. and Ridgeland, Miss.-based Metropolitan BancGroup Inc. is complete, Metropolitan President and CEO Curt Gabardi will join Renasant Bank as president and chief banking officer.
Kathryn Austin assumed the CEO post at Derby, Vt.-based Community Bancorp. and unit Community National Bank.
She has been with Community National Bank for more than 36 years, most recently as president and COO.
Recently retired CEO Stephen Marsh will remain with the company and the bank as chairman.
Edward Soccorso is resigning as executive vice president and chief strategy officer...