Simmons First National (SFNC) announced that Robert “Bob” Fehlman, CEO of the company and its subsidiary, Simmons Bank, has decided to retire in order to focus on personal interests and family medical issues. Fehlman will continue to serve in his current capacity through the end of 2024, and he will then transition into an advisory role through the first quarter of 2025. George Makris, Jr., the company’s current executive chairman, will assume the role of chairman and CEO of the company and Simmons Bank effective January 1, 2025. Makris previously served as chairman and chief executive officer from 2014 through 2022.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SFNC:
- Simmons First National upgraded to Overweight from Equal Weight at Stephens
- Netflix reports Q3 beat, CVS CEO Lynch steps down: Morning Buzz
- Morning Movers: CVS Health sinks following CEO change, weak guidance
- Simmons First National’s Strategic Shift in Q3 2024
- Simmons First National reports Q3 adjusted EPS 37c, consensus 33c