Renasant Corp. (RNST) has shared an update.
In a significant move for investors to watch, the Board of Directors of a prominent company has set in motion a succession plan, naming Kevin D. Chapman as the future CEO effective May 2025, while the current CEO, C. Mitchell Waycaster, will transition to Executive Vice Chairman. This strategic decision comes without changes to their existing compensation and employment terms, detailed in the company’s proxy statement for the 2024 Annual Meeting. Additionally, the company released presentation materials for an upcoming earnings call, emphasizing that these forward-looking statements are based on current management expectations and subject to numerous economic and market risks.
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